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re: update pelican point GC moving private -August 1
Posted on 7/5/15 at 9:39 am to Poodlebrain
Posted on 7/5/15 at 9:39 am to Poodlebrain
quote:
Assume that the costs to operate the golf course remain the same, but the number of rounds played gets reduced. The revenue per round of golf has to go up to cover the costs of operating the golf course. Are there enough people willing to pay more per round for the membership privilege to play Pelican Point? I'd like to see the projected numbers that make the private club option work.
i know you contribute to the money board so you are probably better at finance than myself, but I don't see how this can work by basically off public golf the money to make that up has to come from somewhere? if the current members are 350 i'd like to know how many of the members are in pp vs oustide the developement.
Based on limited research i have done via google I think the club is financially strained to begin with.
Posted on 7/5/15 at 9:40 am to Gorilla Ball
La Tour is going private in the fall.
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