Dear Members and Guests,
Fall is here, the kids are back to school, vacation is over, and it's back to business - and what does business mean at ClubCorp? It means all kinds of exciting developments in our Business, Sports, and Alumni Division! This unique 48-club division encompasses upscale dining and business networking clubs in urban settings, outstanding tennis and fitness clubs, and university alumni clubs. Led by outstanding club and regional management, the BSA Division has experienced great successes with recent capital reinventions at City Club LA, City Club Raleigh, the Pyramid Club in Philadelphia, and the Rivers Club in Pittsburgh. The progress continues with upcoming projects scheduled for City Club Birmingham in Birmingham, Ala., and Houston's Downtown Clubs, a two-club combo making up our largest fitness and tennis venue.
Fall also means college football - especially at our six university alumni clubs. Click here to learn more about what those clubs are doing for game day. A big shoutout to our Members, faculty, and employee partners at these clubs as they prepare for another season of memorable game-day experiences.
On the acquisition front, ClubCorp will manage a gem of a business club in the heart of New York City when it opens late next year on the 89th floor of the new One World Trade Center building. It will represent a wonderful addition to our portfolio where you can conduct business or dine with a view while visiting the Big Apple.
Lastly, on a personal note, I am excited about my recent promotion to President of ClubCorp and the opportunity to communicate with you on a regular basis. On behalf of myself, our CEO, Eric Affeldt, and our 20,000 employee partners, I thank all of you, our valued Members, for making our company what it is today.
We'll see you at the clubs - and, as always, I welcome your feedback.
President and Chief Operating Officer