Global Edition

Tour regains control of PGA European Tour Courses brand

9.11am 24th January 2008 - Property

The European Tour will again own and operate The PGA European Tour Courses brand following an agreement reached with international businessman Denis O‘Brien. The agreement will see The European Tour take control of the current network of licensed international venues which has been successfully developed since its acquisition by Denis O‘Brien in 2001.

Quinta do Lago, PGA Golf de Catalunya and Kungsଧngen golf venues, while remaining as PGA ETC licensed venues, will continue to be owned and developed by Denis O‘Brien.

David MacLaren, chief executive of PGA European Tour Courses, will join the staff of The European Tour based at Wentworth as Director of Property and Venue Development.

MacLaren, who was previously responsible for all aspects of golf for Marriott UK, Europe’s largest hotel golf operator, brings with him a high level of operational, strategic and management experience.

George O‘Grady, Chief Executive of The European Tour, said, “This is an important announcement early in the New Year, following the unveiling of The Race to Dubai and our partnership with Leisurecorp, and it will add further impetus to move the Tour forward and expand our capital base. The Tour is now well positioned to develop a portfolio of venues that can cope with the demands of present day tournaments.”

The European Tour www.europeantour.com

       

You can see the latest news letter here.

Follow us on Twitter and LinkedIn.            

Use the tabs above to select the section(s) which you wish to search.

Enter the name of the person, place, organisation or topic for which you are searching. Use as many words as required - there is no need to enclose them in quotation marks. Prefixing a search term with a hyphen/minus-sign will exclude results matching that term.

For example 'artificial -turf' will return results containing 'artificial' but not 'turf'.

In each month and year listed below every article that has ever appeared in golfbusinessnews is reproduced in reverse date order.