Leisurecorp [SEP] inception
Leisurecorp
Leisurecorp, formerly Istithmar Leisure, is a subsidiary of Dubai World, established in 2006, that invests in sports and leisure facilities, with golf being a particular focus.
Among the sites owned by Leisurecorp are PGA European Tour venues Pearl Valley Golf Estates in South Africa, and Jumeirah Golf Estates in Dubai. It bought the Turnberry Resort in Scotland in October 2008, which hosted the 2009 Open Championship, and sold it to Donald Trump in April 2014. Leisurecorp also has major shareholdings in Island Global Yachting, Troon
Having developed this close relationship with the PGA European Tour, Leisurecorp hopes that in the future it may be able to stage the Ryder Cup in Dubai.
External links.
- Official website
- Company Overview of Leisurecorp LLC