Hanover Country Club in Ashland, Va., is rebranding as Hanover Golf Club and welcoming daily-fee rounds in addition to memberships, in an effort to increase rounds by 2,000-3,000 annually. The Glasgow (Ky.) Golf and Country Club voted earlier this week to make the golf course semi-private to increase rounds. After quietly testing the waters of…
The 118-year-old club has been running an average annual deficit of nearly $600,000 over the past four years and seen membership cut nearly in half in three years. The College has launched a drive to move $17 million in administrative spending to academic programs.
The still-active club in Louisa, Va., currently owned by Sedgefield Properties after being purchased at a foreclosure auction in 2011, is now under contract for sale to Renovo, a firm founded by Justin Beights that pools money from investors to acquire properties for at least partial conservation. Renovo is also under contract to purchase River’s Bend GC, a long-trouble and recently shuttered property in Chester, Va.
After discovering the Alabama Golf Trail while going to Florida to help with hurricane relief, the idea was hatched for the couples, who collectively have been married for 100 years, to travel together and play rounds in every state. Along the way they’ve encountered moose, identified their favorite courses and developed some valuable practices for golf-related travel economy.
The Ashland, Va., facility is looking to get membership levels back to pre-recession highs and have expenses under control with the help of the local management company.