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re: update pelican point GC moving private -August 1

Posted on 7/5/15 at 9:39 am to
Posted by Gorilla Ball
Member since Feb 2006
11997 posts
Posted on 7/5/15 at 9:39 am to
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 by BRgetthenet
Member since Oct 2011
117937 posts
Posted on 7/5/15 at 9:40 am to
La Tour is going private in the fall.
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