Fore Golf Partners sells Reston, Va. course to community developer

Fore Golf Partners has sold Hidden Creek Country Club, in Reston, Virginia, to Wheelock Communities. Fore Golf, which is owned by Charlie Staples, will continue to manage the course.

Wheelock owns golf clubs and large master-planned communities along the East Coast and in Texas. It plans to invest more than $300,000 for upgrades to the club’s dining and events facilities. A new fleet of golf carts is also expected to arrive in December.

Wheelock hopes to add housing and additional public amenities to the facility.

Union League of Philadelphia acquires second golf course

The Union League of Philadelphia has acquired a second golf course, The Sand Barrens Golf Club in Swainton, N.J., a 236-acre, 27-hole facility. The previously public facility will be renamed, Union League National Golf Club, and only open to Union League members. 

In 2014, the Union League acquired the Torresdale Frankford Country Club, which is located in the Philadelphia suburbs. That facility was renamed and has added to the appeal of the private club, which started with its downtown Philadelphia location. 

Mosaic project manager for Bobby Jones redevelopment

The Bobby Jones Golf Course Foundation has further strengthened its relationship with Mosaic Clubs & Resorts, which has been operating the Bobby Jones Golf Course for the past year. Mosaic will now oversee the redevelopment of the course, acting as lead project manager. Built in 1932, the course closed on October 31 to undergo a major renovation and redevelopment. It will open in the fall of 2018.

Up to Par offers marketing and hospitality know-how

Sean Taylor, CEO, Up to Par

Lexington, Va.-based Up to Par manages nearly a dozen hotels and restaurants in two Virginia cities and Sean Taylor, the company’s owner and chief executive officer, says that its expertise in hospitality is “the prime differentiator for our golf division.”

If standalone restaurants can operate in the black, he figures, the food-and-beverage operations at golf courses ought to do so as well. In fact, he claims that every one of his company’s food-and-beverage operations turns a profit.

“This is the mentality we bring to the table,” he said.

How to build a strong team: Time and Attention

This is the last in the series about people, the team.

It feels as if so many positions today are reduced to doing tasks. These are the jobs where people leave their brains at the front door and execute what seems like mundane tasks that barely get the job done while barely keeping team members awake. Why does it seem that we go through a long process to hire just the "right person."  This solid hire has a 4 year degree, loves the golf industry, and now they are asked to execute tasks. Wow, there is something very wrong with this picture. 

Highest rated Golf Inc. Summit to date

The Golf Inc. Summit at the Ritz-Carlton Reynolds in Oconee, Georgia last month was Golf Inc.’s highest-rated event to date. The magazine surveyed the 330 attendees in October, three weeks after the Sept. 25-27th event.

Overall, 97% of attendees rated the Summit as ‘good’, ‘very good’ or ‘exceptional,’ with 70% rating it as ‘very good’ or ‘exceptional.’ That was up from 61% the prior year who rated it ‘very good’ or ‘exceptional.’

Leonard Green acquires majority stake in Troon

Leonard Green & Partners, a Los Angeles-based private equity, acquired Kohlberg & Company’s majority ownership in Troon earlier this month. Leonard Green is a large private equity firm with investments in the Container Store, Shake Shack and numerous other entities. Troon is the world's largest third-party management company with golf courses across the globe. 

Caesars sets up REIT to run 4 golf courses, casinos

Caesars Entertainment Operating Company has spunoff a new company, VICI Properties, to manage its entertainment and golf properties.

VICI, through its a wholly-owned subsidiary, VICI Golf, will manage Cascata in Boulder City, Nevada; Rio Secco Golf Club in Henderson, Nevada; Chariot Run in Laconia, Indiana; and Grand Bear in Saucier, Mississippi.

Caesars Entertainment recently restructured and emerged from Chapter 11 bankruptcy.

Pages

Subscribe to Golf Inc. Magazine RSS