Amateur golfers will play at Trump National Doral in Miami alongside professionals in a tournament hosted by LIV Golf, sponsored by Saudi Arabia. The Trump family's ties with Saudi Arabia and conflicts of interest are highlighted as they shift focus from city-center hotels to golf resorts. Despite declining city-center hotel business, Trump's golf courses have seen increased profits and international recognition through LIV Golf tournaments.
Key Points
Hosting LIV Golf tournaments boosts business and brand exposure for Trump properties
Trump family's ties to Saudi Arabia raise concerns about conflicts of interest
Shift from city-center hotels to golf resorts due to declining performance in hotel industry
Trump's golf courses experience increased profits and international recognition through LIV Golf tournaments
Pros
Increased business and exposure for Trump properties through hosting LIV Golf tournaments
Rapid growth and profitability in Trump's golf course holdings
Expansion and development opportunities, such as building high-rise buildings at Trump Doral
Cons
Conflicts of interest and questions surrounding Trump family's ties with Saudi Arabia
Decline in city-center hotel business and negative impact on Trump brand
Legal challenges and controversies affecting Trump family's business ventures