Monday, August 30, 2010

“Golf Channel launches Nationwide Tour Fantasy Challenge” plus 3 more

“Golf Channel launches Nationwide Tour Fantasy Challenge” plus 3 more


Golf Channel launches Nationwide Tour Fantasy Challenge

Posted: 30 Aug 2010 12:49 PM PDT

By Golf Channel Public Relations

Posted: August 30, 2010

ORLANDO, Fla. – Golf Channel announced Monday the launch of the Nationwide Tour Fantasy Challenge, a "survivor" fantasy format which will allow players to choose a different Nationwide Tour professional each week from the top 25.

Players will earn the equivalent number of points based on the professional's earnings for the week. The fantasy player who accumulates the highest number of points for the campaign will win a trip to Hawaii to attend the Sony Open in Hawaii in January, 2011.

The Nationwide Tour Fantasy Challenge champion will receive flight, hotel and passes for two to the Sony Open in Hawaii, along with $500 cash. The grand prize also will include credentials for the Oceanside Skybox hospitality venue on-course for all four rounds of the tournament, autograph memorabilia and a meet and greet session with Nationwide Tour and PGA Tour professionals, a Cleveland Golf Launcher DST Driver and other prizes. The top-25 finishers at the end of the campaign also will receive prizes courtesy of Cleveland Golf or Golf Channel.

The nine-week fantasy challenge starts Tuesday with the Mylan classic and will end Oct. 31 with the conclusion of the Nationwide Tour Championship. Weekly prizes also will be awarded throughout the promotion.

Visit www.GolfChannel.com/nationwidetourfantasy for more information or to play the game.

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Golf And Resorts - Why Golf Is Still Relevant | By Darius Hatami, HVS Golf Services

Posted: 30 Aug 2010 02:48 AM PDT


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30 August 2010

Golf And Resorts - Why Golf Is Still Relevant | By Darius Hatami, HVS Golf Services

Golf development in the United States like other real estate asset classes, is cyclical, with booms occurring in the 1930's and the 1960's. The modern golf boom started in the 1990's and stretched into the mid 2000's. This latest stage of golf course development began at an unprecedented rate of 400 courses a year. Although new golf course development started out as for-profit endeavors, numerous alternative motives for development were also at work. Eventually these forces led to an overbuilding of the market, and a question of the relevancy of the future of the golf market.

In order to understand these forces, it is necessary to understand who is developing golf courses and for what purpose. There are myriad of reasons for creating golf courses, but the commonality is that the primary motivations in the past decade had little to do with the long term profitability of the golf course, and even less to do with short term profitability.

The entities seeking to develop golf courses were diverse and included real estate developers, resort developers, municipal agencies, economic development, reclamation projects, as well as wealthy individuals. While the profit motive was in play, the vehicle that generates the profit has rarely been the golf course. It's the real estate, the resort, as a service to citizens, to develop a property tax base, or even ideas further afield. Our involvement with projects includes motivation such as reclamation of a superfund site, a source to utilize gray water from an adjacent treatment plant, or the allure of golf to create a private playground, or to attain status among peers.

The addition of a golf course or club to a residential community, and the corresponding impact has been fairly well documented. The golf course or club ends up increasing the pricing of the for sale real estate, and provides for faster absorption rates for the for sale properties. At a time when golf courses were profit-making ventures, this was a win-win proposition.

As the supply of golf courses increased, market share declined, and the profit margins eroded to the point where there are now significant annual deficits at many of these properties. These deficits are causing golf course closures of more than a hundred courses a year. With the market turned on its head, the allure, motivations and intentions of building the golf courses are having the exact opposite of the intended impact.

HVS Golf Services, Boulder, Colorado Golf and Resorts, Why Golf is Still Relevant 2 There has, however, been little analysis on the financial impacts to hotel properties of having onsite golf available to guests. This article will review and analyze the current status of golf resort properties in the United States, and provide an understanding of the dynamics at play.

This article utilizes the extensive HVS hotel database, as well as independent data from STR Analytics to gain an understanding as to how resort hotels are impacted by having an onsite golf course. The first data analyzed includes the luxury and first-class hotels in the United States as well as internationally that are part of the HVS Database hotel operating statements and statistics which includes over 4,000 first-class and luxury properties and over 20,000 records. The second was gathered through STR Analytics. By in large, both databases produced similar conclusions, and the primary data presented is comes from STR analytics.

The first important aspect of resort golf properties is that although there is a limited number of mid level golf resorts, the majority of hotels with golf courses operate in the luxury end of the market and are full service hotels.

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CLICK HERE to learn more about HVS golf boom, golf course development, private playground, absorption rates, term profitability, resort developers, superfund site, profit motive, real estate developers, golf development, estate asset, golf market, gray water, wealthy individuals, unprecedented rate, asse Darius Hatami
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Golf roundup

Posted: 29 Aug 2010 10:43 PM PDT

Golf

Christopher Dock 227, Upper Perkiomen 219—Drew Mininger and Kyle Martin both shot 41 to lead the Pioneers past Upper Perk on Monday at Macoby Run Golf Course.

Christopher Dock 227—Kyle Martin 41, Dan Weaver 43, Drew Mininger 41, Jake Saitta 49, Colton Young 53

Upper Perkiomen 219—Tyler Wilz 43, Phil Knight 43, Austin Bennett 44, Cris Frickmann 44, Jake Strause 45

Central Bucks South 202, Pennridge 219– The Rams fell by 17 strokes to the Titans to open their season last Thursday at The Bucks Club. Patrick Rambo and Colin McIntyre shot a team best 43.

Pennridge (219) – P. Rambo 43, C. McIntyre, C. Murphy 44, M. Jarrell 44, N. Hill 45.

Central Bucks South (202) – M. Mason 38, T. Darrah 39, P. Zakrewski 41, J. Dunleavy 41, D. Giaquitno 43.

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Golf team is swinging into form

Posted: 30 Aug 2010 08:59 AM PDT

By Mark Jones/Sports Editor
Published/Last Modified on Friday, August 20, 2010 10:45 AM CDT

The Williston High School golf team continues to make progress in the early part of the 2010 season with a fifth-place at the Mandan Invitational on Thursday.

"I was really pleased," said Williston golf coach Dennis Healy. "Our third leading scorer went to help her sister move to Grand Forks."

Williston played Thursday's round without the services of Abby Wilt.

Williston golfer Kayla Barke shot a season-best 86 to pace Williston in Thursday's action.

Anna Peterson finished the day with a 98 for the Lady Coyotes. Peterson and Barke weren't the only Williston golfers to show improvement Thursday.

Rachel Anderson and Irelyn Huntley each cut down on their strokes.

"I was proud of Irelyn and Rachel," Healy said.

Bismarck Century placed first in the team standings with a 331. Jamestown's Laura Kraft earned the medalist honors.

"There's room for improvement," Healy said. "They've got a ways for them to go to feel comfortable about golfing the way they should."

Williston will now play at the Turtle Mountain Community High School Invitational on Monday at the Rolla Golf Course.

Team scores

1) Bismarck Century - 331

2) Minot - 341

3) Dickinson - 359

4) Jamestown - 384

5) Williston - 417

6) Mandan - 453

7) Bismarck - 492

8) TMCHS - 526

Medalist - Laura Kraft - Jamestown

Williston indivudals

Kayla Barke - 43-43 - 86

Anna Peterson - 45 -53 - 98

Cari Zavalney - 55-50 - 105

Irelyn Huntley - 64-54 - 128

Rachel Anderson - 67-63 -130

Kylee Meyer - 81-73 - 154

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