The Observatory
Golf Resorts
A focused view of golf-led luxury hospitality, with Iberia, the British Isles and the US Southeast as principal markets.
Defining Characteristics
- ·Championship or signature course
- ·Significant land bank
- ·Branded residences often present
- ·Strong tournament-led shoulder demand
Key Metrics
240 acres
Land Median
Across category
62%
Branded Residences
of transactions
€620
ADR (Europe)
+8.4% YoY
Outlook
Land-bank value increasingly underwrites pricing; pure hospitality cash flow is rarely sufficient justification.
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