User:Nd84/leisurecorp

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Leisurecorp
Industry Sports/Leisure Investments
Founded 2006
Headquarters Dubai, United Arab Emirates
Area served
Global
Products Investment
Parent Dubai World
Website www.leisurecorp.com

Leisurecorp was established by Dubai World in 2006 to identify, acquire and develop leisure and lifestyle-related investments in Dubai and across the world. Its portfolio includes Jumeirah Golf Estates in Dubai; Pearl Valley Golf Estates in South Africa;[1] Turnberry in Scotland;[2] a major shareholding in Island Global Yachting; a stake in Troon Golf; a shareholding in GPS Industries; and a stake in Snowmass Colorado.

In November 2007, Leisurecorp announced a wide-ranging partnership with The European Tour which will create the Dubai World Championship, the world’s richest golf tournament with a $10 million prize fund. To be held annually at Jumeirah Golf Estates, the tournament will be open to players numbered 1- 60 on The Race to Dubai – formerly The European Tour Order of Merit – with players being given the opportunity to compete for an additional $10 million bonus fund.

From 2009, Jumeirah Golf Estates will also become home to The European Tour’s International Headquarters.[3]

In October 2008, Leisurecorp took ownership of Turnberry in Scotland, the host venue for the 2009 Open Championship.[4]

References[edit]

  1. ^ United Arab Emirates (June 3, 2007). "Dubai's Leisurecorp announces purchase of Pearl Valley Signature Golf Estate and Spa in South Africa". AME Info FZ LLC. Retrieved February 15, 2009. 
  2. ^ Leisurecorp (May 23, 2008). "Leisurecorp to acquire Turnberry (press release)". IAGTO Ltd. Retrieved February 15, 2009. 
  3. ^ PGA European Tour (March 26, 2008). "GOLF: PGA EUROPEAN TOUR: Leisurecorp to sponsor The European Tour Physio Unit". NoticiasB2B, S.L. Retrieved February 15, 2009. 
  4. ^ United Arab Emirates (November 1, 2008). "Leisurecorp finalises Turnberry deal". AME Info FZ LLC. Retrieved February 15, 2009. 

External links[edit]