The United States President Donald Trump has been awarded the 2020 G-7 Summit of the world leader to his private company, scheduled the summit for June at Trump Doral Golf Resort outside Miami, announced the White House on Thursday.
President Trump has used his public office to direct a huge contract to himself. The 2020 G-7 Summit will draw hundreds of diplomats, security personnel, journalists, and a worldwide spotlight.
He made the Doral, a Golf Resort in 2012.
The announcement to select the US President’s own club as the site of an international summit comes as President Trump is in the middle of combine crises that are consuming his Presidency – fast and confused American retreat in Northeastern Syria, and a rising impeachment probe in Congress.
During the announcement of the decision, the White House Chief of Staff Mick Mulvaney has said that “Doral was far and away from the best physical facility for this meeting.” He continued that the administration has evaluated 10 sites ahead of selecting this one. Mulvaney quoted a site-selection official saying, “It’s almost like they built this facility to host this type of event.”
The G-7 summit mainly rotates among sites selected by the 7-member nations and the European Union, the last summit held in the United States of America in 2012. Former President Barack Obama held it at the government-owned retreat in Maryland’s Camp David. In 2014, then-President George W. Bush arranged it at the isolated resort of Sea Island, Georgia.
This year, the US President has repeatedly hinted that he intended to award the event to himself. At the G-7 Summit in France in August 2019, President Trump has said his aides had evaluated other sites and suggested that Doral is ideal for the summit, which is set among office parks, in an inland area near Miami Airport.
President Trump states that “they went to places all over the country, and they came back and they said, This is where we’d like to be,” adding that “it’s not about me. It’s about getting the right location.” He mainly praised the ample parking of Doral.
Doral Golf Resort is a significant part of President Trump’s portfolio, which offers more revenue to him than any other gold club or hotel, which he has taken $125 million loans to purchase.
However, in recent times, this revenue-generating property of him has fallen into steep decline, with profits declining to 69 percent in three years. An expert appointed by his organization has charged the drop on his own politicized brand.
Donald Trump’s properties have also hosted government officials before, and the company stated that it doesn’t look forward to making a profit off this summit. However, his properties are quite expensive. Eric Trump helps to run the Trump Organization, has said that if Doral Golf Club were the option, President Trump never over-charge his own government.
Junior Trump said, “It actually would have saved the U.S. a tremendous amount of money in that they wouldn’t be paying for massive amounts of rooms with some hospitality company that’s going to milk the hell out of the U.S. government.”
From the profitable point of the Trump Organization, the G-7 Summit would still bring visitors to fill up vacant rooms and glut of global publicity.
Donald Trump has visited his own properties over a hundred times as the President of America, sometimes brought along foreign leaders. Those visited have resulted in thousands of dollars as income for his business, the government officials have to pay for their personnel to accompany him.
President Trump has purchased 57-year-old Doral Golf Resort in 2012, took $125 million in loans from Deutsche Bank. He also invested huge amount to renovate the site.
However, the option of Doral Golf Resort as the site of the 2020 G-7 Summit seems to signal the fall of promises made by President Trump and his son at the starting of his Presidency, when they guarantee to create differences between his private business and his new public office.
President Trump was quoted saying, “I will be leaving my great business in total.”
Eric Trump said, “There are lines that we would never cross, and that’s mixing business with anything government.”