D
Deleted member 25172
Guest
Turnberry has been making a loss from day 1 of his ownership. Total losses of over £40 million. A whole episode around it on the McKellar podcast that is worth a listen.
Turnberry has been making a loss from day 1 of his ownership. Total losses of over £40 million. A whole episode around it on the McKellar podcast that is worth a listen.
evemccc
Well-known member
Thanks for the heads up. I haven't heard of this pod, but i have investigated and looks good
KenL
Tour Rookie
Perhaps because they are owned by billionaires?
Castle Stuart also has made a loss since opening and is currently losing £1m a year
SammmeBee
Journeyman Pro
And the problem with that is?
I'm looking forward to when the Russians want their money backBorrowing and funding from the rest of the Group.
KenL
Tour Rookie
Eh? You asked how they were still open if making a loss. Billionaire owners can absorb losses.
sunshine
Well-known member
I assume the owners expected it to make a loss for a good few years after opening. Takes time to build awareness and reputation, although by now they were probably hoping for break even at least. On the other hand, building a new course up in Aberdeen was always more of a vanity project to add prestige to the brand rather than generate profit.
D
Deleted member 18588
Guest
Only whilst the Banks continue to support him.
One side effect of losing the election is that his leading lender is alleged to be reconsidering their position.
KenL
Tour Rookie
Not just trump. The likes of KB and CS are owned by rich american groups.
But, delighted that Trump may fall on hard times.
IanM
Journeyman Pro
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He won't ever fall on hard times, but the folk relying on him for jobs will
KenL
Tour Rookie
He will if he gets jailed.
IanM
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in several senses of the word!
redbrownie
Member
The cost to play the top courses is absolutely shocking tbh. I was lucky enough to get a tee time on the Old Course in the summer (probably thanks only to COVID, bizarrely) and I did begrudgingly pay the fee just for the experience.
Can’t see myself paying that kind of money for a round of golf ever again.
Can’t see myself paying that kind of money for a round of golf ever again.
Zig
Newbie
Bravo Prestwick... first one I've seen to offer reduced rates to local residents, and to UK visitors too! Will be adding it to the summer list for a visit!
https://www.prestwickgc.co.uk/visitors/general-information/
https://www.prestwickgc.co.uk/visitors/general-information/
davidy233
Tour Rookie
Lots of golf clubs do cut rate for locals - St Andrews, Carnoustie amongst them - I think his point is that they are doing cut price for tourists from anywhere in Britain too
D
Deleted Member 1156
Guest
Local rates seem to be far more common in Scotland and Ireland than they are in England though. Not sure about Wales.
D-S
Well-known member
The County card scheme is a great ‘rates for locals‘ scheme. We always use this rate for away days and overnighters. If we paid the rack rate (the only one available for overseas visitors) I am sure we would do far fewer.
IanM
Journeyman Pro
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- 13,205
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- Monmouthshire, UK via Guildford!
Many courses, especially in holiday areas are flexible with County Cards. I've never paid full rate at St Mellion.
Wales don't seem to have "local golfer " rates other than county cards... rates are more sensible here (generally) already
Wales don't seem to have "local golfer " rates other than county cards... rates are more sensible here (generally) already
Crazyface
Tour Winner
Really? Can you tell us how? I'd be really intersted in this.
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