Number of Golf Courses

Total Page:16

File Type:pdf, Size:1020Kb

Number of Golf Courses Golf Digest Online Inc. (GDO) www.golfdigest.co.jp Results Briefing for the Third Quarter Ended September 30, 2019 (21st Term) (Securities Code: 3319) Copyright(c) Golf Digest Online Inc. All Rights Reserved 目次 1.Financial Results for the Third Quarter (January~September, 2019) 2.Approach of Third Quarter 3.(Appendix)Five Year Mid- Term Strategic Policy 4.(Appendix)Golf Market Trends 5.(Appendix)Corporate Profile Copyright(c) Golf Digest Online Inc. All Rights Reserved 2 1 Financial中計振り返りと見えてきた課 Results for the Third題 Quarter (January~September, 2019) Copyright(c) Golf Digest Online Inc. All Rights Reserved Q3/ FY2019 Results Highlight Sales and EBITDA are progressing as planned, but weak due to weather effects Net Sales 25.6billion yen YOY +40% (Domestic) 19.9billion yen YOY +10% (Oversease) 5.6billion yen YOY +5.6billion yen EBITDA 1.57billion yen YOY +91% (Domestic) 1.31billion yen YOY +20% (Oversease) 0.26billion yen YOY +0.52billion One year has passed since US GOLFTEC consolidated, and progress has been made as planned. The strengthening of operations and thorough KPI management resulted. Copyright(c) Golf Digest Online Inc. All Rights Reserved 4 Q4 / FY2019 Current Situation The impact of Withdrawal of Natural Disasters in October Golf Course Booking Business to Golf Course Booking Service in Thailand Impact on golf course ・The impact on business results will be minimal due ・Dozens of courses, mainly in the Kanto area are to impairment in the previous fiscal year. flooded. ・Make temporary closure or several golf courses are suspensions due to falling trees or power outages. ・The transportation network to the golf course was Domestic Indoor Golf Lesson Service severed or restricted. ・Opened in Osaka in October. A total of 13 stores. Impact on GDO ・Hiring the Coach remains to be settle. ・Cancellation of Golf course reservation Change the Contents of Sales of Golf Equipment Service Shareholder Benefit Plan ・After October, sales declined due to a reaction to rush demand before the raise of consumption tax ・Changed the content of the shareholder benefit rate in September. plan based on the end of December 2019 ・Demand is expected to increase due to the release ・return of shareholder benefit will maintain above of a new model of a popular golf club. the average. Copyright(c) Golf Digest Online Inc. All Rights Reserved 5 Overview of Quarterly Results (million yen) 2017 2018 2019 FY2019 9 months 9 months 9 months Forecast cumulativ cumulative cumulative (Domestic)(Overseas) YOY (Domestic)(Overseas) Net sales 15,277 18,230 25,602 19,990 5,612 +7,372 (140%) 35,000 27,700 7,300 Gross profit 6,365 6,964 10,048 ー ー +3,084 (144%) ー ー ー SG&A 5,637 6,510 9,556 ー ー +3,046 (147%) ー ー ー EBITDA 1,033 826 1,577 1,316 260 +750 (191%) 2,260 2,150 110 Operating profit 728 454 492 935 -443 38 (108%) 900 1,575 -675 Ordinary profit 734 476 485 ー ー 9 (102%) 860 ー ー Net income 431 315 203 ー ー -112 (64%) 440 ー ー ※*※The PL consolidation of GDOS*, a subsidiary, began from the third quarter, and U.S. GOLFTEC began from the fourth quarter of the previous year, respectively. *GDOS: Abbreviation for GDO Sports, Inc., a wholly-owned subsidiary of the Company *U.S. GOLFTEC:Abbreviation for GolfTEC Enterprises LLC, a subsidiary in which the Company holds 60% equity. Copyright(c) Golf Digest Online Inc. All Rights Reserved 6 Net Sales Net Sales by Segment Net Sales by Service Growth both in Domestic and overseas market. Achieve growth with 3 main services Domestic :Sales of golf equipment and golf course Sales of Golf equipment:Sales increased due to rush booking business grew. demand before raise of consumption tax rate. Due to the weather factors, it has been weak after 3Q. Golf Course Booking:In the metropolitan area, it was affected by a typhoon but, still in good weather in Japan. Oversease:US GOLFTEC * is generally as planned Golf Lessons:US GOLFTEC * is generally as planned. Increased number of domestic TEC centers. 25,602(YOY+ 40%) 25,602 (YOY +40%) (million yen) ■Others 5,612 ■Oversease YOY +14% ■Golf Lessons Golf YOY % ※□ Includes U.S. GOLFTEC sales prior to Lessons +16 acquisition ※□ Includes U>S> GOLFTEC sales prior to acquisition 19,990 18,230 ■Domestic ■Golf Course Booking YOY +10% YOY +10% ■Sales of Golf Equipment YOY +9% 2018 Q3 2019 Q3 2018 Q3 2019 Q3 *U.S. GOLFTEC:Abbreviation for GolfTEC Enterprises LLC, a subsidiary in which the Company holds 60% equity. Copyright(c) Golf Digest Online Inc. All Rights Reserved 7 SG&A Expenses SG&A expenses Remained almost as planned Domestic:Use marketing expenses efficiently Oversease:Implemented marketing according to the four major tournaments(April~July) ※The PL consolidation of GDOS*, a subsidiary, began from the third quarter, and U.S. GOLFTEC began from the fourth quarter of the previous year, respectively. 9,555 Sales ratio 37% YOY ■Oversease SG&A Oversease ・Amortization of +2,500 □GOLFTEC SG&A SG&A expense before 2,788 goodwill and (million yen) Oversease acquisition intangible assets SG&A Ratio to net sales 50% + 325 ■Other domestic SG&A -196 Domestic SG&A Domestic +87 6,767 SG&A ■Domestic marketing expense Ration to net sales 6,221 34% Ratio to net sales 34% +261 ■Domestic personnel expenses 2018 Q3 2019 Q3 *GDOS: Abbreviation for GDO Sports, Inc., a wholly-owned subsidiary of the Company Copyright(c) Golf Digest Online Inc. All Rights Reserved 8 EBITDA/Operating Profit EBITDA(=Operating profit + Amortization of goodwill + Depreciation + Operating Profit Long-term prepaid expenses) Domestic:Growth in sales by use SG&A expenses Domestic:Growth in sales by use SG&A expenses efficiently. efficiently. Oversease:Amortization of goodwill and intangible assets Oversease:Started investing in new Oversease associated with the consolidated subsidiaries for business from 2018. 325million yen. U.S. GOLFTEC sales growth of 2019 contributed. 492 (million yen) YOY +38million yen 1,577 454 YOY+91% 935 ■ Domestic EBITDA 826 1,316 ■Domestic YOY+20% 742 Operating Profit 1,094 YOY +26% -288 △443 ■Oversease 260 ■Oversease EBITDA Operating Profit YOY +528million yen YOY -155million yen -267 2018 Q3 2019 Q3 2018 Q3 2019 Q3 *U.S. GOLFTEC is not included in the Q3 of FY2018 *U.S. GOLFTEC is not included in the Q3 of FY2018 Copyright(c) Golf Digest Online Inc. All Rights Reserved 9 Consolidated Balance Sheet Total assets increased associated with the expansion of operations Deferred Revenue:Deferred revenue increased attributable to strong sales at U.S. GOLFTEC. Long-Term Debt:Repayment as planned. Total Assets 18,236 Total Assets 18,441 Current Current Liabilities Current Current Assets 10,128 Assets Liabilities 9,561 9,650 11,114 ------ Cash -288million yen ------- Deferred ------- ------ Merchandise Revenue Merchandise Deferred 4,235 2,239 4,477 Revenue Deferred Revenue +825million yen 3,065 Long-term Debt -667million yen Non- Fixed Liabilities Non- current 1,900 Current Fixed Liabilities 1,218 Assets Assets 8,674 Total Net 8,791 Total Net ------ Assets ------ Goodwill Assets 6,207 Goodwill 3,230 3,049 6,108 End of December 2018 End of September 2019 Copyright(c) Golf Digest Online Inc. All Rights Reserved 10 【Domestic】Sales of Golf Equipment:KPI Analysis Proceeding according to plan ・Growth in putters and balls due to rush demand before consumption tax increase. ・In the market, before the new model release of popular Number of Customers Unit Purchase Price clubs, the price reduction of the old model started. New Used Balls Apparel Accessories Golf Clubs Golf Clubs Year on Year Comparison of Orders (Golf Clubs) (Golf Apparel) 160% 160% Release GDO Warm Period of The… winter 140% new model 140% 120% 120% 100% 100% 80% 80% 60% 60% Jan. Mar. May Jul. Sep. Nov. Jan. Mar. May Jul. Sep. Jan. Mar. May Jul. Sep. Nov. Jan. Mar. May Jul. Sep. 2018 2019 2018 2019 *Market…Golf equipment market (golf clubs, balls and accessories). “Year-on-year comparison of the market size estimated based on actual sales of real stores of major golf equipment dealers nationwide” calculated by GfK Lifestyle Tracking Japan KK Copyright(c) Golf Digest Online Inc. All Rights Reserved 11 【Domestic】Golf Course Booking:KPI Analysis The number of golfers booked on GDO increased ・The impact of Typhoon No. 15 in the Kanto region at the end of September was limited. Blessed with good weather in Japan, the cancellation rate declined. (Since October, the impact of Typhoon No. 19 has had a widespread impact, leading to a decrease in customers and an increase in cancellations.) ・Special feature planning, score management application and e-mail magazine attracted customers. Change in Golfers Booked on GDO (players)(YOY) Number of Customers Unit Fee Price Fall in Cancellation ー GDO(the number of golf course players who played golf by booking through the Company and Jalan Golf) ー Market(the number of golf course players in eight prefectures published by the Ministry of Economy, Trade and Industry) 2018 2019 ※Market: Source: Ministry of Economy, Trade and Industry “Survey of Selected Service Industries.” Comparison of total golf course players of eight prefectures (Hokkaido, Miyagi, Tokyo, Aichi, Osaka, Hiroshima, Kagawa and Fukuoka) . Copyright(c) Golf Digest Online Inc. All Rights Reserved 12 【Oversease】Overview of Business Performance of U.S. GOLFTEC Performance remained stronger than planned ・Sales increased 15% year on year because, sales of lesson tickets and custom fitted clubs remained firm. ・Embarked on new store openings with the promotion of the acquired franchised stores. ・Cash EBITDA* remained higher than planned and contributed to EBITDA after September.
Recommended publications
  • Auction - Sale 632: Golf Books by the Shelf 01/04/2018 11:00 AM PST
    Auction - Sale 632: Golf Books by the Shelf 01/04/2018 11:00 AM PST Lot Title/Description Lot Title/Description 1 24 Golf Books 3 32 Golf Books Includes:Allen, Peter. Famous Fairways. London: Stanley Paul, Includes:Balata, Billy. Being The Ball. Phoenix, Arizona: B.T.B. 1968.Allison, Willie. The First Golf Review. London: Bonar Books, Entertainment, 2000.Beard, Frank. Shaving Strokes. New York: Grosset 1950.Alliss, Peter. A Golfer’s Travels. London: Boxtree, 1997.Alliss, & Dunlap, 1970.Canfield, Jack. Chicken Soup For The Golfer’s Soul: Peter. Bedside Golf. London: Collins, 1980.Alliss, Peter. More Bedside The 2nd Round. Florida: Health Communications, 2002.Canfield, Jack. Golf. London: Collins, 1984.Alliss, Peter. Yet More Bedside Golf. Chicken Soup For The Soul. Cos Cob, Connecticut: Chicken Soup For London: Collins, 1985.Ballesteros, Severiano. Seve. Connecticut: Golf The Soul Publishing, 2008.Canfield, Jack. Chicken Soup For The Soul Digest, 1982.Cotton, Henry. Thanks For The Game. London: Sidgwick & And Golf Digest Present THE GOLF BOOK. Cos Cob, Connecticut: Jackson, 1980.Crane, Malcolm. The Story Of Ladies’ Golf. London: Chicken Soup For The Soul Publishing, 2009.Canfield, Jack. Chicken Stanley Paul, 1991.Critchley, Bruce. Golf And All Its Glory. London: B B Soup For The Woman Golfer’s Soul. Florida: Health Communications, C Books, 1993.Follmer, Lucille. Your Sports Are Showing. : Pellegrini & 2007.Coyne, John. The Caddie Who Won The Masters. Oakland, Cudahy, 1949.Greene, Susan. Consider It Golf. SIGNED. Michigan: California: Peace Corps Writers Book, 2011.Ferguson, Allan Mcalister. Excel, 2000.Greene, Susan. Count On Golf. SIGNED. Michigan: Excel, Golf In Scotland.
    [Show full text]
  • National Retailer & Restaurant Expansion Guide Spring 2016
    National Retailer & Restaurant Expansion Guide Spring 2016 Retailer Expansion Guide Spring 2016 National Retailer & Restaurant Expansion Guide Spring 2016 >> CLICK BELOW TO JUMP TO SECTION DISCOUNTER/ APPAREL BEAUTY SUPPLIES DOLLAR STORE OFFICE SUPPLIES SPORTING GOODS SUPERMARKET/ ACTIVE BEVERAGES DRUGSTORE PET/FARM GROCERY/ SPORTSWEAR HYPERMARKET CHILDREN’S BOOKS ENTERTAINMENT RESTAURANT BAKERY/BAGELS/ FINANCIAL FAMILY CARDS/GIFTS BREAKFAST/CAFE/ SERVICES DONUTS MEN’S CELLULAR HEALTH/ COFFEE/TEA FITNESS/NUTRITION SHOES CONSIGNMENT/ HOME RELATED FAST FOOD PAWN/THRIFT SPECIALTY CONSUMER FURNITURE/ FOOD/BEVERAGE ELECTRONICS FURNISHINGS SPECIALTY CONVENIENCE STORE/ FAMILY WOMEN’S GAS STATIONS HARDWARE CRAFTS/HOBBIES/ AUTOMOTIVE JEWELRY WITH LIQUOR TOYS BEAUTY SALONS/ DEPARTMENT MISCELLANEOUS SPAS STORE RETAIL 2 Retailer Expansion Guide Spring 2016 APPAREL: ACTIVE SPORTSWEAR 2016 2017 CURRENT PROJECTED PROJECTED MINMUM MAXIMUM RETAILER STORES STORES IN STORES IN SQUARE SQUARE SUMMARY OF EXPANSION 12 MONTHS 12 MONTHS FEET FEET Athleta 46 23 46 4,000 5,000 Nationally Bikini Village 51 2 4 1,400 1,600 Nationally Billabong 29 5 10 2,500 3,500 West Body & beach 10 1 2 1,300 1,800 Nationally Champs Sports 536 1 2 2,500 5,400 Nationally Change of Scandinavia 15 1 2 1,200 1,800 Nationally City Gear 130 15 15 4,000 5,000 Midwest, South D-TOX.com 7 2 4 1,200 1,700 Nationally Empire 8 2 4 8,000 10,000 Nationally Everything But Water 72 2 4 1,000 5,000 Nationally Free People 86 1 2 2,500 3,000 Nationally Fresh Produce Sportswear 37 5 10 2,000 3,000 CA
    [Show full text]
  • Golf Digest Top 100 in the U.S
    GOLF DIGEST / AMERICA’S 100 GREATEST GOLF COURSES / 2015 / 2016 GOLF DIGEST / AMERICA’S SECOND 100 GREATEST GOLF COURSES / 2015 / 2016 42 ERIN HILLS 107 SAGE VALLEY 182 WOLF CREEK 5 MERION 35 SAN FRANCISCO 122 SLEEPY HOLLOW 1-10 11-20 21-30 31-40 41-50 101-110 111-120 121-130 131-140 141-150 RANK (2013 RANK IN PARENTHESES) YARDS PAR POINTS RANK YARDS PAR POINTS RANK YARDS PAR POINTS RANK YARDS PAR POINTS RANK YARDS PAR POINTS RANK (2013 RANK IN PARENTHESES) YARDS PAR POINTS RANK YARDS PAR POINTS RANK YARDS PAR POINTS RANK YARDS PAR POINTS RANK YARDS PAR POINTS 1 (2) AUGUSTA NATIONAL G.C. 7,435 72 72.1589 11 (9) SAND HILLS G.C. 7,089 71 66.2401 21 (22) WADE HAMPTON G.C. 7,302 72 64.7895 31 (34) THE HONORS COURSE 7,450 72 63.8943 41 (35) BALTUSROL G.C. (Lower) 7,400 72 63.1650 101 (86) MAYACAMA G.C. 6,785 72 60.7378 111 (115) PASATIEMPO G.C. 6,500 70 60.5110 121 (104) GALLOWAY NATIONAL G.C. 7,111 71 60.1833 131 (New) THE MADISON CLUB 7,426 72 59.8675 141 (New) THE GREENBRIER (Old White TPC) 7,287 70 59.5518 Augusta, Ga. Mullen, Neb. / Bill Coore & Ben Crenshaw (1994) Cashiers, N.C. / Tom Fazio (1987) Ooltewah, Tenn. / Pete Dye (1983) Springfield, N.J. / A.W. Tillinghast (1922) Santa Rosa, Calif. Santa Cruz, Calif. Galloway, N.J. La Quinta, Calif. White Sulphur Springs, W.Va. Alister MacKenzie & Bobby Jones (1933) 12 (13) SEMINOLE G.C.
    [Show full text]
  • 2021 Matrix Awards
    SPONSORSHIP OPPORTUNITIES 2021 MATRIX AWARDS VIRTUAL EVENT | MONDAY, OCTOBER 18, 2021 | 12:00 P.M. ET Combining the success of last year’s virtually produced event with the return to normalcy we’re all feeling, we are thrilled to offer a hybrid awards ceremony this year. A professionally produced event broadcast for all to attend coupled with an invitation-only VIP reception for honorees, their guests, and exclusive sponsors. PRESENTED BY HOSTED BY New York Women in Communications (NYWICI) celebrates the 51st Anniversary of its Matrix Awards in 2021 Since 1971, the Matrix Awards have been given annually to a group of outstanding women leaders who exemplify excellence, the courage to break boundaries and steadfast commitment to champion the next generation of trailblazers, creatives and communicators. But this year will be different, bigger and better. The 2021 Matrix Awards will be delivered as a virtual event, on Monday, October 18 at 12pm ET. This digital presentation offers many new exciting possibilities, breaking down barriers of time and geography to reach a wider audience and new communities. We’ll be able to expand the audience and influence of the usual in-person gathering several-fold. NYWICI will welcome back past winners and presenters, celebrate our scholarship winners and spotlight our longstanding and newly engaged partners who make this all possible. Over the past 50 years, we’ve celebrated some iconic women like Gloria Steinem, Padma Lakshmi, Norah O’Donnell, Halle Berry, Kirsten Gillibrand, Andrea Mitchell, Joanna Coles, Bonnie Hammer, Sheryl Sandberg and Tina Fey, among many more. This event is NYWICI’s largest fundraiser and we invite you to join us as an event sponsor, demonstrating your support of NYWICI, women in the communications field and the incredible class of 2021 Matrix honorees.
    [Show full text]
  • Discovery, GOLFTV Und Tiger Woods Präsentieren Die 2. Staffel Der Exklusiven Serie “MY GAME: TIGER WOODS”
    Discovery, GOLFTV und Tiger Woods präsentieren die 2. Staffel der exklusiven Serie “MY GAME: TIGER WOODS” • Vom Tee zum Grün: "MY GAME: TIGER WOODS - SHOTMAKING SECRETS" bietet den Fans ein einzigartiges Tutorial zu jedem Schlag des Golf-Superstars • Gefilmt im Juni diesen Jahres im Dye Preserve in Jupiter, Fla. • Die Serie ist bei GOLFTV powered by PGA TOUR abrufbar; die erste Episode ist am 20. August frei verfügbar Die 2. Staffel “MY GAME: TIGER WOODS” mit Golfstar Tiger Woods (© Discovery Golf) London/München, 17. August 2020 – Golffans können sich auf neue Folgen der exklusiven Masterclass-Serie “MY GAME: TIGER WOODS” freuen: Discovery Golf und GOLFTV powered by PGA TOUR geben heute bekannt, dass die zweiten Staffel am 20. August weltweit Premiere feiert. In zehn Episoden zeigt Tiger Woods seinen Fans zum ersten Mal seine „Shotmaking Secrets“. Bereits in der ersten Staffel (2019), “MY GAME: TIGER WOODS – INSIDE THE MIND OF A CHAMPION”, gewährt Tiger Woods seinen Fans noch nie gezeigte Einblicke in seine Gedankenwelt und sein Spiel. Nun können sich Golf-Enthusiasten auf noch mehr Inhalte, Trainingsmethoden und Tipps von der Golf-Ikone freuen. In der zweiten Staffel thematisiert der 15-fache Major-Champion seine unvergleichbare Schwungtechnik und verrät die Geheimnisse, die ihn zu einem der besten Spieler aller Zeiten gemacht haben. Die Inhalte der Serie werden den Fans klar und einprägsam vermittelt, sodass sie wertvolle Golf-Lektionen und -tipps erhalten, welche sie auf ihr eigenes Spiel anwenden können. “MY GAME: TIGER WOODS - SHOTMAKING SECRETS" wurde im Juni 2020 auf dem Golfkurs des Dye Preserve in Jupiter, Fla., gefilmt, wobei strenge Covid-19- Sicherheitsvorkehrungen für die Produktion getroffen wurden.
    [Show full text]
  • COURSE NAME CITY STATE ALBERTVILLE GOLF & COUNTRY CLUB Albertville Alabama MOUNTAIN VIEW GOLF COURSE Alden Alabama LAKEWINDS
    COURSE NAME CITY STATE ALBERTVILLE GOLF & COUNTRY CLUB Albertville Alabama MOUNTAIN VIEW GOLF COURSE Alden Alabama LAKEWINDS GOLF COURSE Alex City Alabama WILLOW POINT COUNTRY CLUB Alex City Alabama ALPINE BAY GOLF CLUB Alpine Alabama WHIPPORWHILL GOLF COURSE Altoona Alabama ANDALUSIA COUNTRY CLUB Andalusia Alabama EVANS BARNES GOLF COURSE Andalusia Alabama ANDERSON CREEK GOLF COURSE Anderson Alabama ANNISTON COUNTRY CLUB Anniston Alabama ANNISTON MUNICIPAL GOLF COURSE Anniston Alabama B & J GOLF CENTER Anniston Alabama CANE CREEK GOLF COURSE Anniston Alabama CIDER RIDGE GOLF CLUB Anniston Alabama INDIAN OAKS GOLF CLUB Anniston Alabama PINE HILL COUNTRY CLUB Anniston Alabama BROOKSIDE GOLF COURSE Arab Alabama TWIN LAKES GOLF CLUB Arab Alabama UNION SPRINGS COUNTRY CLUB Armstrong Alabama CLAY COUNTY PUBLIC GOLF COURSE Ashland Alabama ATHENS GOLF & COUNTRY CLUB Athens Alabama CANEBRAKE GOLF CLUB Athens Alabama CHRISWOOD GOLF COURSE Athens Alabama SOUTHERN GALES GOLF CLUB Athens Alabama WOODLAND GOLF COURSE Athens Alabama ATMORE COUNTRY CLUB Atmore Alabama WILLS CREEK COUNTRY CLUB Attalla Alabama AUBURN LINKS AT MILL CREEK Auburn Alabama INDIAN PINES RECREATIONAL AUTHORITY Auburn Alabama MOORE'S MILL GOLF CLUB Auburn Alabama MOORE'S MILL GOLF CLUB Auburn Alabama PIN OAKS GOLF CLUB Auburn Alabama EUFAULA COUNTRY CLUB Bakerhill Alabama LAKEPOINT RESORT GOLF COURSE Bakerhill Alabama RED EAGLE GOLF COURSE Bakerhill Alabama WARRIOR POINT GOLF CLUB Barney Alabama HOLLY HILLS COUNTRY CLUB Bay Minette Alabama BENT BROOK GOLF COURSE Bess Alabama
    [Show full text]
  • Bike & Pool Party
    HVSC Volume LXXV Number 7 Hudson Valley Ski Club Poughkeepsie, New York July 2013 * 2013 * Our 75th Year * Bike & Pool Party Dancing on the River Saturday, July 20 Friday, July 19, 2013 (July 21 Rain date) at the home of Join your friends and ski Claudette Hennessy buddies for a Meet at Claudette's at 9 night time AM for coffee, drive to cruise aboard the Rip Van Winkle. Dance to the music the approximately 20 mile of Thunder Ridge. Enjoy your favorite adult beverage at bike ride around the the cash bar. Hug your honey under the stars as the Wallkill Valley. Pool party, mighty Hudson River slips by. volleyball starts at noon. Bring a Where: 1 East Strand Street, Kingston, NY -- adjacent to dish to share, BYOB. Soft Mariner's Harbor Restaurant at the Rondout drinks, plates, etc. and a grill are provided. When: 8 p.m. Friday, July 19, 2013 -- come early, buy your ticket, and find your friends at the bar at Mariner's. Directions: From the Mid- Cost: $15 per person Cash Bar Hudson Bridge, go south on Route Music: Thunder Ridge -- a great dance band 9W to Marlboro, turn left on Old Post Road across from the Village Square Mall. From the Advance Ticket Sales are highly recommended and available at Newburgh Beacon Bridge, north on the website: hudsonrivercruises.com . Click on "Schedules and Brochures" and scroll to the bottom of the page to "2013 Route 9W and right on Old Post Road. Music Cruise Schedule" where there's a link to a secure site to Claudette's is the 7th house on purchase your ticket.
    [Show full text]
  • FOR IMMEDIATE RELEASE Golf Digest Rates Circling Raven No. 1
    FOR IMMEDIATE RELEASE Golf Digest Rates Circling Raven No. 1 Public Course in Idaho Coeur d’Alene Casino Resort Amenity Stands Alone in National Magazine’s Biennial Best-of List (Worley, Idaho; May 12, 2021) – The votes are in and panelists for Golf Digest and its “America’s Greatest Courses” rank Circling Raven as Idaho’s top public course. The best-in-kind accolade comes via the just-released “America’s Greatest Courses by State, 2021-22” compilation. Of the eight Idaho courses cited for this distinction, Circling Raven and Coeur d’Alene Resort Course were the only two public venues included, with Circling Raven listed as the No. 1 public course. To arrive at its ranking of America's Greatest Golf Courses, Golf Digest panelists play and score courses on these eight criteria: shot options, challenge, layout variety, distinctiveness, aesthetics, conditioning, character, and fun. “We work tirelessly to ensure that Circling Raven is an exceptional amenity of Coeur d’Alene Casino Resort Hotel, and we are constantly enhancing the course and golf club,” said resort CEO Laura Penney, MBA. “This honor from Golf Digest reinforces that our best practices are well designed and executed.” Like the casino resort, the Gene Bates-designed championship golf course is owned by the Coeur d’Alene Tribe. Located in the lush, scenic Idaho panhandle, Circling Raven is ingeniously routed across 620 stunning acres of Palouse Region terrain. Named for a seminal tribal chief, the course sits amid woodlands, wetlands, and wildlife, including eagles and moose. Nature and reverence for the land are essential to the course and Tribal custom.
    [Show full text]
  • Serve the Member, Grow the Game
    Serve the Member, Grow the Game 2020 Colorado PGA Member Directory Updated April, 2020 2 2020 Colorado PGA Member Directory | www.coloradopga.com Colorado PGA Section Information 4 2020 Colorado PGA Member Directory | www.coloradopga.com Colorado PGA Leadership Officers and Board REACH Trustees West Chapter Ben Welsh, PGA Spencer Zinn | Chairman President | 2019-2020 CCO - West Edge Energy Officers and Board Frost Creek Club John Andrew Jeff Boyer, PGA Brigadier General USAF - Retired President | 2019-2020 Jim Hajek, PGA Eagle Ranch Golf Course Vice-President | 2019-2020 Tom Bauerle Fossil Trace Golf Club Owner - Colorado Golf and Turf Luke Brosterhous, PGA Dan Bennett Secretary | 2019-2020 Cathy Matthews-Kane, PGA Catamount Ranch and Club Secretary | 2019-2020 Investor/Partner -Southwest Greens Country Club of Colorado John Bond Ed Marzec, PGA VP Sales/Mktg - Garb Inc. - Golf Honorary President | 2019-2020 Ty Thompson, PGA Country Club of the Rockies Honorary President | 2019-2020 Anne Broholm - CEO - Ahead Crosshairs Consulting Phil Brown BOARD OF DIRECTORS President/Founder - Six Points Con. Tom Apple, PGA | 2019-2020 BOARD OF DIRECTORS Country Club of the Rockies Mark Bacheldor, PGA | 2020-2022 Dr. Stephen Davis UCCS PGA Golf Management Owner - Cheyenne Mt. Dental Alice Plain, PGA | 2018 - 2020 Brad Dombaugh Vail Golf Club Jeff Boyer, PGA | 2019-2021 CEO - PSA Worldwide Corp., Inc. Eagle Ranch Golf Club Todd Schafersman, PGA | 2020-22 Barbara Faulkenberry - Ind. Director The Bridges Golf & CC Bob Doyle, PGA | Past District 9 Dir. Life Member Walt Glover CFO - U.S. Olympic Endowment Kenny Thayer, PGA | 2019-2020 Beaver Creek Golf Club Kyle Heyen, PGA | Past District 9 Dir.
    [Show full text]
  • Canadian Golfer, April , 1918
    April, 1918. CANADIAN GOLFER 629 Made in Scotland in the largest and most up-to-date Golf Ball Factory in the world GOLF BALLS STILL COMMAND THE LEAD wherever Golf is played Year after year the popularity of the COLONEI SALI, steadily increases. Golfers know they can depend on the COLONE!,” for reliability and satisfactory all round service. Unequalled for Quality, Durability Length of Flight and Perfect Paint The “Colonel” Golf Balls de Luxe THE NEW Regd. Design 600,504 MESH MARKING “DIMPLE COLONEL” “ PLUS COLONEL ” Tee aech 75c. each Made in Two Weights (< s. Figs.3‘ Bl Floating 24 Dwts d with 2 red dots iain { 29 ete Fins 29 if Black Marke STANDARD {29 dwts Figs. 29 in Yellow Non-Floating— 30 Dwts SIZE 127 dwts. (floating) Figs. 27 in Red Marked with 2 green dots ————— The name “Colonel” stands for all that is BEST in Golf Ball Production ST. MUNGO MANUFACTURING CO., Ltd., Glasgow, Scotland Wholesale Selling Agents in Canada Montreal Hingston Smith Arms Co., Winnipeé. Greenshields Lid., Victoria Square, Tisdalls Ltd., 618-620 Hastings St., Vancouver. Harold A. Wilson Co., Ltd., Toronto When ordering Eraser Rubber specify the ‘“‘COLONEL”’ Brand British and Best When writing advertisers, kindly mention CANADIAN GOLFER CANADIAN GOLFER Vo). III, No. 1 “SUPER-CHICK” A 1918S REVELATION , Every Golfer T. Will Try It! It represents our accumu- lated knowledge in the man- ufacture of Golf Balls for many years. Wonderful flight, perfect steadiness, and deadly accuracy are outstanding features of this ball. Recessed Marking. Weight, 31 dwt. Non-floating Price 75c. each or $9 dozen Other excellent balls we make are: ‘“‘The Chick’’ 65c.
    [Show full text]
  • November 28^0U 23
    FRANCHISE DISCLOSURE DOCUMENT GolfTEC Franchising LP (a Colorado limited partnership) 12450 East Arapahoe Road, Suite B Centennial, Colorado 80112 Telephone: (303) 779,9900 Fax: (303)741-1791 [email protected] www.golftec.com GolfTEC Franchising LP offers franchises for the operation of indoor golf instruction centers. GolfTEC licenses methods that provide golf instruction to all experience levels, using digital video, impact analysis and motion analysis computers to measure a golfer's swing and compares this information to a database of over 150 tour players. The franchise offered under the development agreement is identical to that offered under the franchise agreement. The total investment necessary under the development agreement shall be a minimum of $35,000 for the development of one center. The number of centers depends upon the designated geographic area you purchase and the number of golf instruction centers necessary to adequately serve the clients and potential clients in that geographic area which is based upon, among other things, the size of market, the number of core customers within a defined geographic area, daytime population, proximity to highways and residential income. | The total investment necessary to begin operation of a GolfTEC franchise ranges from $423130,175 to $471,825. This includes an amount ranging from $68,100 to $148,150 that must be paid to the franchisor or affiliate. This disclosure document summarizes certain provisions of your franchise agreement and other information in plain English. Read this disclosure document and all accompanying agreements carefully. You must receive this disclosure document at least 14 calendar days before you sign a binding agreement with, or make any payment to, the franchisor or an affiliate in connection with the proposed franchise sale.
    [Show full text]
  • Golf Courses
    GOLF GUIDE P. 1 INDEX Welcome to Los Cabos P.4 Rancho San Lucas Golf Cub P.40 Tourism Board P.5 Twin Dolphin Golf Club P.42 Map of Golf Courses P.6 Vidanta Golf Los Cabos P.44 Where to stay in Los Cabos P.8 Baja California Sur P.46 Cabo del Sol Desert Course P.10 El Cortés Golf Club P.48 Cove Club P.12 TPC Danzante Bay P.48 Cabo Real Golf Club P.14 Loreto Bay Golf Course P.49 Cabo San Lucas Country Club P.16 Paraiso del Mar Golf Course P.49 Chileno Bay P.18 Health and Safety Protocols P.50 Club Campestre San Jose P.20 Health and Safety Protocols for P.51 Costa Palmas East Cape P.22 Golf in Los Cabos Dunes Course at Diamante P.24 10 Must Do´s in Los Cabos P.53 El Cardonal at Diamante P.26 Map Connectivity P.54 Oasis Short Course at Diamante P.28 Activities P.55 El Dorado P.30 Blue Flag Beaches P.58 Palmilla Golf Club P.32 General Information for Visitors P.59 Puerto Los Cabos Golf Club P.34 Safety and Security P.60 Querencia P.36 Los Cabos Specialist P.61 Quivira Golf Club P.38 P. 2 P. 3 TOURISM We at Nicklaus Design could not be prouder of any role we WELCOME played. Trust me, the fishing is still good; it’s just the golf TO LOS CABOS that’s gotten better. BOARD We have been fortunate to design some wonderful golf courses throughout Mexico, and one of the chief reasons When I first visited Los Cabos, Mexico, in the mid-1960s, for this is that it’s such a beautiful country.
    [Show full text]