Quote:
Originally Posted by Malibook
I would be very surprised if they go private and stay private.
I just can't imagine there being enough demand these days to justify turning away extra cash from the public.
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I think you have to ask whether it will go forward as a golf course or as a hotel/housing development.
The vision of the developer is what will drive the future.
I understand the hotel operation will be managed by the Amman Group - the Amangani hotel people. I don't see their customer being much of a golfer but that may not matter to them.
The hotel site is superb... if it comes off the way it is planned , there will be good jobs created on the property at the hotel.... good for the locals.
If the housing development works out... more jobs.
The course has been underutilised for quite a while.. was it ever a money maker? Even a good revenue producer?