The pandemic is being blamed for a sharp drop in revenue for Donald Trump’s properties, with some losing 60 percent in 2020. The combined revenue of his properties fell from $148 million in 2019 to $71 million in 2020, according to documents obtained by The Washington Post.

The disclosures, which Trump was required to file as his term ended, hit particularly hard at three of Trump’s biggest operations: his D.C. hotel, and his golf resorts in Doral, Fla., and Turnberry, Scotland. These three are key to Trump’s financial future, because the D.C. and Doral properties carry large debt loads, and the Turnberry property has been a sinkhole of cash for Trump.

NEW: Trump is returning to a business in distress. New financial docs show revenue at key Trump properties dropped by 50% last yr, thanks to covid.

And that was before the Capitol attack, which drove away partners, vendors and customers.https://t.co/5Yu1LwOVwa

— David Fahrenthold (@Fahrenthold) January 21, 2021

And those terrible numbers were before the Trump-incited mob attacked the Capitol on January 6th. The New York Times writes:

The disclosure portends greater tumult ahead for the business, which has faced widespread shunning of its brand after the deadly Jan. 6 assault on the Capitol. The violent rioting by Mr. Trump’s supporters led to his second impeachment and prompted many of the company’s corporate partners — in banking, insurance, golf and real estate — to abandon it. Morgan Lewis, the law firm that handles its taxes, became the latest to distance itself from the Trumps on Wednesday, by indicating that it would not take on new business with Mr. Trump or the company.

The scenes of rioters storming and looting the Capitol in Mr. Trump’s name, some of them armed and dressed in animal skins, also undermined the image of stately luxury that the Trump Organization had created and is expected to cost the president’s five-star hotels bookings and group outings.