Curry Signs Deal For Coaching Site CoachUp Under Armour Eyes Australian Foray EPL May Abandon Title Sponsorship Model Marketplace Roundup Report: Barclays Will Not Renew EPL Deal LPGA's ANA Inspiration Slowly Rebranding New Balance Touts Soccer Line In New Ad Greivis Vasquez' Under Armour Shoe Set To Debut ESPN To Integrate Outbrain Content Online Banks Using Athletes To Grow Brand
Upcoming Conferences and Events
SBD/September 28, 2012/Marketing and Sponsorship
Huge Crowds Expected To Go Through Ryder Cup Merchandise Shop At Medinah
Published September 28, 2012
WANT MORE GREAT STORIES LIKE THIS?
CLICK ON ONE OF THESE BUTTONS
HOSPITALITY SALES STRONG: The PGA has enjoyed similar success with hospitality sales. Ryder Cup Tournament Exec Dir Michael Belot’s team sold 76 chalets, with prices ranging from $235,000 for 50 people up to a reported $1M for 150 people. The original plan called for 53 chalets, but sales went so well that the PGA kept building and selling them. Most of the chalets line both sides of the 18th hole, with others at holes 1, 2 and 15. Additional hospitality packages in the clubhouse begin at $150,000 for 30 people and go up to $450,000 for 125 people. The chalets at the 15th hole were not part of the original build-out, but they have become some of the most popular because of their location on the drivable par-4. In fact, many of the PGA’s partners -- including Omega and American Express -- elected to put their hospitality on the 15th because of the drama expected on the hole, which is guarded by water down the right side. The PGA does not disclose its sales numbers, but many industry veterans at the Ryder Cup said sales would probably approach $50M for the chalets, clubhouse rooms, individual hospitality clubs, viewing suites and corporate tables.