Troon Company Market Research Report

Company Overview

Name: Troon

Mission of the Company: Troon delivers memorable experiences that cultivate lasting connections fueled by a passion for enabling fun.

Founded: Troon was founded in 1990.

Founder: Dana Garmany

Key People in the Company:

• Tim Schantz, President, Chief Executive Officer

• Ruth Engle, Chief Financial Officer

• Bruce Glasco, Chief Operating Officer

• Jay McGrath, Chief Legal Officer

• Mike Ryan, Chief Operating Officer

Headquarters: 15044 N. Scottsdale Road, Suite 300, Scottsdale, AZ 85254

Number of Employees: No information is available.

Revenue of the Company: No information is available.

What is the Company Known For: Troon is known for being the world's largest professional club management company, providing services to over 900 locations globally. Troon specializes in golf and club-related hospitality management.

Products

What Products Do They Offer: Troon specializes in golf and club management services, operating more clubs than any other management company. Their services include private clubs, daily fee & resort management, municipal properties management, community associations, and advisory services.

High Level Description of the Product: Troon's services focus on enhancing the golf and hospitality experience through tailored solutions, strategic management, and exceptional customer service.

Key Features of Each Product:

• Private Clubs: Enhance member experience to secure a sustainable future for the club.

• Daily Fee & Resort: Improve guest experience, grow revenue.

• Municipal Properties: Improve course conditions, reduce costs.

• Community Associations: Integrate a hospitality-centric approach to community living.

• Advisory Services: Provide strategic insights and alternative management solutions.

Recent Developments

What Are the Recent Developments in the Company:

• Jimmy Dunne joined the Troon Board of Directors on October 16, 2024.

• Troon launched the Troon Access Program and refreshed their website interface on October 8, 2024.

• Princeville Makai Golf Club reopened all 18 holes post a $3 million course refinement on October 7, 2024.

• Troon was recognized as one of Arizona’s Most Admired Companies by AZ Business Magazine on October 7, 2024.

• New partnership with the reggae rock/pop band Common Kings at Monarch Beach Golf Links was announced on October 14, 2024.

What Are the New Products Launched: The Troon Access program was launched on October 8, 2024.

What Are the New Features Added to the Existing Products: The Troon Access Program offers the opportunity for users to save up to 50% on tee times at over 150 courses.

Any New Partnerships: As mentioned, a partnership with the band Common Kings was recently formed, integrating music and entertainment at the Monarch Beach Golf Links.

This report encapsulates the available information provided about Troon’s current overview, product offerings, recent developments, and key strategic direction.