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re: April of 2018, La Tour reopens

Posted on 3/20/18 at 7:49 am to
Posted by Front9Bandit
Member since Dec 2013
15432 posts
Posted on 3/20/18 at 7:49 am to
At $300 a month unlimited golf and range just go play it everyday
Posted by Tigertracks
Houma La.
Member since Nov 2007
765 posts
Posted on 3/20/18 at 8:44 am to
I am hearing there will be a discount for a limited number of senior members, and the total membership will be limited. Hard to believe that anyone would try to run a business like that, but the present owner of La Tour has shown little interest in dominating the local market.

Posted by Thib-a-doe Tiger
Member since Nov 2012
35402 posts
Posted on 3/20/18 at 8:55 am to
Yeah that’s not going to work


You need more people out there. That’s why you have to lower the price



ETA: hope I’m dead wrong but that model has not proven sustainable twice now
This post was edited on 3/20/18 at 8:56 am
Posted by ell_13
Member since Apr 2013
85054 posts
Posted on 3/20/18 at 8:57 am to
How many members do you need at $200 per to keep it in top 5 in the state shape (public) and self-sustaining? Same for daily play?

I'm not trying to be a dick. Genuinely curious.
Posted by Front9Bandit
Member since Dec 2013
15432 posts
Posted on 3/20/18 at 9:12 am to
Enough to cover a 60-80K nut a month
Posted by ell_13
Member since Apr 2013
85054 posts
Posted on 3/20/18 at 9:17 am to
So 200 members plus 135 rds/week or some variation of that. Interesting.
Posted by Thib-a-doe Tiger
Member since Nov 2012
35402 posts
Posted on 3/20/18 at 9:18 am to
Budget there is around 90-100k a month give or take a few thousand


If you can get to 300-350 at $200 a month that gets you to 60-70k


Green fee play would go up dramatically because you would only be $10-15 more than a shitty 18 hole course that’s 2 miles away


Start having a tournament or 2 a month to supplement (all tournaments left shortly after the takeover IIRC)



Posted by Thib-a-doe Tiger
Member since Nov 2012
35402 posts
Posted on 3/20/18 at 9:20 am to
quote:

Enough to cover a 60-80K nut a month



Pretty sure it’s higher than that, but there are a lot of areas there that don’t need as much attention as they get
Posted by Front9Bandit
Member since Dec 2013
15432 posts
Posted on 3/20/18 at 9:21 am to
I don’t care I’m not responsible for it, I just play golf there when it’s open.
Posted by lsu13lsu
Member since Jan 2008
11485 posts
Posted on 3/20/18 at 9:53 am to
quote:

If you can get to 300-350 at $200 a month that gets you to 60-70k


Green fee play would go up dramatically because you would only be $10-15 more than a shitty 18 hole course that’s 2 miles away


It is hard to get 300-350 people to pay $200 per month if you are only charging $10-$15 more than the neighboring shitty course. People have to see it as a value to be a member. If they can just pay rack rate for cheap then why be a member? That is how people down here look at golf unfortunately. Not many people in Louisiana just want to support a club and have a nice place to play and hang out. They want a value plus top quality.
Posted by Nodust
Member since Aug 2010
22632 posts
Posted on 3/20/18 at 10:05 am to
quote:

$300 a month unlimited golf and range just go play it everyday

Not driving that far. If it was 30 minutes from house maybe.
Posted by ell_13
Member since Apr 2013
85054 posts
Posted on 3/20/18 at 10:09 am to
quote:

It is hard to get 300-350 people to pay $200 per month if you are only charging $10-$15 more than the neighboring shitty course. People have to see it as a value to be a member. If they can just pay rack rate for cheap then why be a member? That is how people down here look at golf unfortunately. Not many people in Louisiana just want to support a club and have a nice place to play and hang out. They want a value plus top quality.
I still think location has a lot to do with it. But I digress.

Does anyone know how many members it peaked at before the sale?
Posted by Nodust
Member since Aug 2010
22632 posts
Posted on 3/20/18 at 10:17 am to
quote:

Not many people in Louisiana just want to support a club and have a nice place to play and hang out

I agree. Just have good golf. No need for expensive clubhouse.

Is their website updated?

Anyone seen any advertising?

Only a few weeks away I thought they would be trying to get some business.
Posted by lsu13lsu
Member since Jan 2008
11485 posts
Posted on 3/20/18 at 10:36 am to
quote:

I still think location has a lot to do with it. But I digress.


Definitely. The Bluffs primary problem. People there act as if it is so close to BR but it isn't really. If it were closer to or in BR it would be the top club/course in the area.
Posted by BRgetthenet
Member since Oct 2011
117720 posts
Posted on 3/20/18 at 11:04 am to
60
Posted by Thib-a-doe Tiger
Member since Nov 2012
35402 posts
Posted on 3/20/18 at 11:17 am to
quote:

It is hard to get 300-350 people to pay $200 per month if you are only charging $10-$15 more than the neighboring shitty course. People have to see it as a value to be a member. If they can just pay rack rate for cheap then why be a member? That is how people down here look at golf unfortunately. Not many people in Louisiana just want to support a club and have a nice place to play and hang out. They want a value plus top quality.



I agree, but if you make range complimentary to members and charge green fee players, then you add value

$200 including range and cart fees adds a ton of value

Maybe offer preferential tee times to members


Posted by Thib-a-doe Tiger
Member since Nov 2012
35402 posts
Posted on 3/20/18 at 11:23 am to
quote:

Only a few weeks away I thought they would be trying to get some business.




The word is out locally. I guess they are waiting to have some cash flow
Posted by Winston Cup
Dallas Cowboys Fan
Member since May 2016
65497 posts
Posted on 3/20/18 at 11:29 am to
quote:

I still think location has a lot to do with it.

there cant be more than 10-15 golfers in all of raceland to lockport. it isnt like people can stop by the range after work or play 18 afternoons on a weekday

just look at the pics on google of kyoto "steakhouse" and "da bar"
This post was edited on 3/20/18 at 11:32 am
Posted by King9274
Kenner
Member since Aug 2008
522 posts
Posted on 3/20/18 at 1:57 pm to
$300 + tax - Whole family can play unlimited, cart, range and preferred tee times included. Only 150 memberships available.

$250 + tax - Senior(65) and spouse can play unlimited, cart, range and preferred tee times included. Only 50 memberships available.

$1,000 + tax - Corporate(4 designees) can play unlimited, cart, range and preferred tee times included. Only 25 memberships available.
Posted by ell_13
Member since Apr 2013
85054 posts
Posted on 3/20/18 at 2:16 pm to
What are the weekday and weekend rates?
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