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Arizona Update: 'Getting Hit From All Sides'
The Arizona Republic starts the new year with an update on the overall golf market in Phoenix and the surrounding suburbs. In summary: golf course owners and developers aren't noticing any rebound, at least not yet. Some, uh, highlights:Many private...
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At Doonbeg, Business is Up
Doonbeg is bucking the trend.In a tough year for the travel industry in general -- and golf resorts in particular -- officials at the luxury golf property in Ireland (which features a much acclaimed Greg Norman-designed golf course) released some...
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Makena Resort to Remain Open
Last week, we passed along a report about the troubles at Makena Resort in Maui: Investors who had bought the resort two years ago with plans for a 15-year, $800 million development, are now in default on their $192.5 million...
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Skibo Castle Goes Into the Red
Skibo Castle, the lavish private golf club and sporting retreat near Dornoch, Scotland -- once part of the private club empire of Peter de Savary and probably best known for hosting Madonna's 2000 wedding to film director Guy Ritchie --...
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Mexico's Loreto Bay Resort Shuttered
Loreto Bay, a planned eco-friendly community in the Baja Sur California peninsula about 750 miles south of San Diego whose owners had visions of becoming a rival to Los Cabos, has hit a speed bump. TSD Loreto Partners, its development...
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Protect investors or 'our gravy train will stop'
We've already written plenty on this blog about Tim Blixseth, Credit Suisse and the Yellowstone Club debacle, so this article from Fortune -- which reveals that eight high-end developments financed by CS are currently in some sort of financial trouble...
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Ups and Downs of New Orleans Market
Comprehensive article on the New Orleans golf market in Saturday's edition of the New Orleans Times-Picayune. Fascinating, too, for it encapsulates the confusing, maddening and enticing aspects that make up today's golf market.What do I mean? Well, the first part...
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U.S. Travel Officials Fight Back
Business travel has been pummeled by the public reaction to corporate entertaining, particularly by businesses that have received federal relief funds. Now, as this story in today's New York Times explains, the travel industry is starting to push back.As the...
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Golf Market Report: Las Vegas
There was a thorough report on the Las Vegas golf market by Jennifer Robison in Sunday's edition of the Las Vegas Review-Journal.Not surprisingly, the golf market in Sin City, according to Robison, is struggling. I say "not surprisingly," given all...
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In Defense of the Off-Site Business Meeting
If there has been an unintended victim in the controversy surrounding the objectionable behavior by companies that accept TARP funds from the federal government, it might be the resort and travel industry. One travel industry official told a colleague of...
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Deeds and Weeds continues
