After a downturn that was cited by one multiple-course owner as “by far the toughest ever in the industry,” course owners and real estate investors are betting on a comeback, Bloomberg News reported. Property prices are climbing and club shutdowns have slowed as recreational golfers return after scaling back club memberships during the recession.
Switching Sides
Maurice Darbyshire, General Manager of Belmont Country Club, Ashburn, Va., and Vice President – Operations of Toll Golf, brings a unique perspective to the operations he oversees.
Fore Golf and HBT Golf Announce Joint Venture
The company announced its first acquisition, Feather Sound Country Club located in Clearwater, Fla.