Golf Revenue Update

FY19/20 Through November 2019

Golf Revenues Up 11.5% Through November 2019

Golf revenues through November 2019 have increased 11.5% ($81,063) compared to the same period during FY18/19.  Total membership revenue (membership dues + member cart / trail fees) were the major contributor to the performance with an increase of 19.8% ($71,744) compared to the same period in FY18/19.



(Source: Attachment C-2 Troon El Conquistador Cashflow Statements)