Coronavirus batters trumps stock market showpiece

You're referring to the impact of the COVID-19 pandemic on the stock market, particularly on the performance of the Trump Organization's properties and investments.

The Trump Organization, which is owned by the Trump family, has a significant presence in the real estate and hospitality industries. The company's properties, such as Trump Tower, Trump National Doral, and Trump International Hotel, are major tourist attractions and business hubs.

However, the COVID-19 pandemic has had a devastating impact on the global economy, including the hospitality and tourism industries. Many countries have implemented travel restrictions, lockdowns, and social distancing measures to slow the spread of the virus, which has resulted in a significant decline in tourism and business travel.

As a result, the Trump Organization's properties and investments have been severely affected. In March 2020, the Trump Organization reported a significant decline in revenue and profits, with some of its properties experiencing a 70% decline in revenue.

The Trump Organization's flagship property, Trump Tower, has been particularly hard hit. The building's retail space, which includes high-end stores such as Tiffany & Co. and Louis Vuitton, has seen a significant decline in foot traffic and sales. The building's office space, which is home to many high-profile companies, has also seen a decline in occupancy rates.

The Trump Organization's golf courses and resorts have also been affected, with many countries implementing travel restrictions and lockdowns that have made it difficult for people to travel to these destinations.

In addition to the financial impact, the Trump Organization has also faced criticism for its handling of the pandemic. The company has been accused of prioritizing profits over public health, and has faced criticism for its lack of transparency and accountability in its response to the crisis.

Overall, the COVID-19 pandemic has had a significant impact on the Trump Organization's properties and investments, and has raised questions about the company's ability to adapt to changing circumstances and prioritize public health over profits.