D
Dotty
Banned
Yawn,
Did you begin an investment strategy thread??
Did you begin an investment strategy thread??
What a surprise!! So you are just a dabbler after all.
What a surprise!! So you are just a dabbler after all.
Rob I'm afraid I'll have to disagree with you yet again ,as would most tourist industry professionals. Research shows that golfing tourists spend on average 50% more than your average tourist. Anually this adds up to 13 billion dollars worldwide. As the Commercial Director of Iberostar, Orlando Giglio says and I quote " It is the same format as other parts of the world where golf is fundamental for tourism ." Also Alexandre Zubaran,the director- president of Costa do Sauipe, is quoted in the same article as saying that " in the specific case of Bahia the new developments will help the state turn itself into , by 2010, a real golfing destination."
Now I don't know if you know more than they do, but they seem to think that golf is an essential part for real success . Likewise China that already has 200 golf courses in 22 cities is busy building 500 more with a further 500 in an advanced stage of planning. I don't think there's that many Chinese golfers somehow and I don't think they would be building all these golf courses for nothing , if golf meant very little to the tourism industry.
The Guia Quatro Rodas is the biggest selling tourism manual in Brazil with over 6000 hotels listed and graded and over 2000 restaurants. So I also think that they must also have some idea . Not to say that there won't be people who don't agree with some of the ratings . As I disagreed with the rating of one particular restaurant that I happened to visit. As the Brazilians say "Gosto é que nem cu , todo mundo tem um ."
So you admit that golf's an important selling point for any resort. I'm sure there are resorts without golf that are doing just fine because the number of Brazilians who are interested in and play golf are very few, and the resorts that are successful are so, thanks to the large number of Brazilians tourists that visit them.First of all I was only joking about the guide, I also know very well what it is, I went to a restaurant just outside Pipa which had 2 stars. It was worth the money for the experience, but a culinary experience it was not especially at R$150 a head.
As for the golf, that's great that it is still growing, as for it being necessary for a resorts success, it isn't, it does help for sales and rentals as it adds another attraction to a resort, but I know plenty of resorts doing just fine without it.
I do find it amusing that you quote the director of Costa do Sauipe since the 2 courses there haven't done anything for their bottom line.
Debzor I don't really understand the second part of your argument. Why do the golfers NEED to spend more. They didn't build the courses and have no obligation in helping to pay for "the vast cost of setting up and running courses etc". They happen to spend more for various reasons but certainly not because they have any obligation in doing so.With regards to an investment strategy, the fact that 'golf tourists spend 50% more than other tourists' may be down to two factors:
1/ that golfers who travel the world to play golf may have a greater disposible income, and seek a certain standard at a certain price
2/ they need to spend more to help cover the vast cost of setting up and running courses and the associated facilities
Therefore they may be able, and need, to spend more than say diving tourists or skiers.
I suggest this does not mean that a golf resort necessarily makes for a better investment.
Rob are you still comparing the Club Med Trancoso to a Club 18-30 or are you ready to admit that you are wrong and that the people who frequent the Club Med in Trancoso have nothing in common with your Club 18-30 tourist.It is compared here: Club Med - Wikipedia, the free encyclopedia
I am starting to think that you are actually GolfingWorld, it is surprising how he suddenly disappeared and then you came about.Rob are you still comparing the Club Med Trancoso to a Club 18-30 or are you ready to admit that you are wrong and that the people who frequent the Club Med in Trancoso have nothing in common with your Club 18-30 tourist.
Debzor is referring to green fees.Debzor I don't really understand the second part of your argument. Why do the golfers NEED to spend more. They didn't build the courses and have no obligation in helping to pay for "the vast cost of setting up and running courses etc". They happen to spend more for various reasons but certainly not because they have any obligation in doing so.
You can rest assured I am not GolfingWorld although I must admit he was one of the few realists on this forum. Are you going to admit you were wrong?I am starting to think that you are actually GolfingWorld, it is surprising how he suddenly disappeared and then you came about.
If you think that, then you had better buy in a golf resort.So you admit that golf's an important selling point for any resort. I'm sure there are resorts without golf that are doing just fine because the number of Brazilians who are interested in and play golf are very few, and the resorts that are successful are so, thanks to the large number of Brazilians tourists that visit them.
I don't think that any resort here in Brazil could get by only relying on gringos. However the fact remains that to greatly increase the number of foreign tourists to an area, golf is an essential part.
Are you ready now to discuss why Costa do Sauipe has had no success or did you just bring it up to suit your own argument? Why don't you tell us Rob why Costa do Sauipe has been a failure?
No she wasn't Rob but the 50% extra that golfers spend than ordinary tourists can't be put down to green fees.Debzor is referring to green fees.
Sure if you will admit you are wrong about golf.You can rest assured I am not GolfingWorld although I must admit he was one of the few realists on this forum. Are you going to admit you were wrong?
So what is the 50% spent on?No she wasn't Rob but the 50% extra that golfers spend than ordinary tourists can't be put down to green fees.
So you don't agree with anything I said. The Commercial Director of Iberostar also knows nothing infact only people in sales know anything whatsoever. Rob there's nothing that wrong in admitting that sometimes other people have a good point.If you think that, then you had better buy in a golf resort.
You would have to ask the people who did the research , but a great part of the 50 % must be in food and drink.So what is the 50% spent on?
Mineiro,So you don't agree with anything I said. The Commercial Director of Iberostar also knows nothing infact only people in sales know anything whatsoever. Rob there's nothing that wrong in admitting that sometimes other people have a good point.
Debzor I don't really understand the second part of your argument. Why do the golfers NEED to spend more. They didn't build the courses and have no obligation in helping to pay for "the vast cost of setting up and running courses etc". They happen to spend more for various reasons but certainly not because they have any obligation in doing so.
Bah wrote a long winded explanation going into details but ended up having my internet explorer crash on me and lost it all... Food and Beverages account for some part of it but not all.You would have to ask the people who did the research , but a great part of the 50 % must be in food and drink.