Close House Golf has hailed the impact of hosting major competitions as it drives plans to welcome The International Series this year.
The premier golf, based at Heddon-on-the-Wall in Northumberland, has published accounts for the year ended September 30 2022 in which turnover rose from £3.77m to £5.05m, buoyed by fewer Covid restrictions. Operating profit dropped from £683,458 to £573,164 in the year, as overheads increased across the business from £2.5m to £3.1m.
During the year, staffing levels grew from 99 to 110 employees, in tandem with growth within the business. The club announced plans last month to host this year’s International Series England when the $2m tournament makes its fifth stop in the series at the club in August, a year after it made its UK debut at rival resort Slaley Hall.
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In his report, owner Sir Graham Wylie said the business was delighted to welcome the tournament, having previously seen the success of hosting events such as The British Masters.
He said: “During the past year Close House Golf Club Limited has built upon a successful year in 2020/21 despite reductions in governmental support, sales at the club have continued to grow. Close House was able to trade throughout the year and saw continued growth in stay and play business. Accommodation revenue increased by 23% after deciding to move to direct reservations only and reducing commission on sales.
“Whilst membership revenues remained very similar due to Covid-19 discounts offered to members by the board following lockdowns in early 2021, overall membership reached its capacity and joining fees were introduced to increase retention. Having seen the impact of previous major tournaments that have been hosted at Close House, we are delighted to welcome the Asian Tour, International Series in the summer of 2023. The exposure of this event will hopefully allow us to continue the momentum.
“We are proud to have maintained the staff levels across the site. The quality of the staff and the customer feedback are essential to the long-term success of the business. We have continued to invest in the facilities as we look to secure our place as the leading golf destination in the region. “
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