TROON GOLF ASSISTS PHOENIX SEAGAIA RESORT IN THE REVITALIZATION OF MIYAZAKI, JAPAN

Posted on December 13, 2001

Assumes Management of the Phoenix Country Club Golf Courses

Scottsdale, Arizona -Troon Golf, the recognized world leader in upscale golf course management, development, and marketing has been selected by Ripplewood Holdings LLC to manage four existing golf clubs as part of the resurgence of the tourist district of Miyazaki City. Ripplewood is recreating the Phoenix Seagaia Resort, a convention and leisure resort complex along the historic Hitotuba coast of Kyushu, the southern island of Japan. The company has contracted Troon Golf to manage the resort's five and a half courses, with the renowned "TROON GOLF EXPERIENCE" as a focal point in the overall Miyazaki Nichinan Coast Resort Plan.

"The selection of Starwood Hotels & Resorts and Troon Golf is intended to be the cornerstone of our strategy to develop Phoenix Seagaia into an international, world class, multi-brand destination resort," said Michael F. Glennie, President and Chief Executive Officer of Phoenix Seagaia Resort Companies. "It is also our intent that Phoenix Seagaia becomes a great platform from which we will pursue additional acquisitions in the lodging and recreation sector," said Mr. Glennie.

Phoenix Seagaia stretches 7.5 miles along the coast through an area in the Miyazaki Prefecture marked by forests of Japanese black pines said to have been planted 250 years ago by the Shogun, Tokugawa Yoshimune. Ripplewood developers submitted the plan for the renewal and continued preservation of these historic forests and won the "Director Chairman of the Japan Forestry Technology Society Award," which acknowledged more natural methods of nurturing and protecting their growth. The company's natural approach falls in line with the agronomic management procedures synonymous to the Troon Golf philosophy as well as accounts for the preservation of the environmental surroundings.

The five and a half courses located within the resort complex are a unique blend of golfing experiences that complement the topography of the land and cater to the many guests the resort hosts from around the world. Phoenix Country Club is listed among the "World's Top 100 Courses" and home of the "Dunlop Phoenix Tournament" since 1974. The club is home to 27-holes and features bent grass lawn and is recognized as a world-renowned golf destination. The largest golf complex at the resort is the Phoenix Kogen (Highlands) Country Club, which a 36-hole facility spreading over elevated terrain set on a hillside 650 feet above sea level and located 30 minutes west of Miyazaki City.

Senior PGA Tour Player, Tom Watson, was an integral part of the design and supervision of the Tom Watson Golf Course, an 18-hole project that plays relatively level along the seaside, providing a variety of strategic challenges in a beautiful coastal wooded setting. Furthermore, course designer, Ohashi Takayoshi, stressed "Ecological Harmony" in his theme for Kitago Phoenix Country Club. The course is situated along gentle mountain ridges and pleasant valleys that demands well-executed golf course management to avoid the strategic placement of rugged indigenous stones and boulders.

"In light of the recent resurgence of golf development in Japan and our Troon Golf offices in Tokyo, we are privileged to partner with Ripplewood to rejuvenate this remarkable resort destination," said Dana Garmany, Troon Golf Chairman and Chief Executive Officer. "With the game of golf such a crucial element in the Japanese business culture, we are pleased to now offer a superior level of play in this remarkable recreational resort setting as well."

Based in Scottsdale, Arizona, Troon Golf represents over 110 management and development contracts in 21 states and 10 countries. Troon Golf properties include venues such as The Westin Turnberry Resort, Ayrshire, Scotland; Kierland Golf Club, Scottsdale, Arizona; Oak Village, Chiba Prefecture, Japan; Black Creek Club, Chattanooga, Tennessee; The Westin Innisbrook Resort, Tampa Bay, Florida; and Wyndham El Conquistador Resort & Country Club, Las Croabas, Puerto Rico. Scottsdale, Arizona -Troon Golf, the recognized world leader in upscale golf course management, development, and marketing has been selected by Ripplewood Holdings LLC to manage four existing golf clubs as part of the resurgence of the tourist district of Miyazaki City. Ripplewood is recreating the Phoenix Seagaia Resort, a convention and leisure resort complex along the historic Hitotuba coast of Kyushu, the southern island of Japan. The company has contracted Troon Golf to manage the resort's five and a half courses, with the renowned "TROON GOLF EXPERIENCE" as a focal point in the overall Miyazaki Nichinan Coast Resort Plan.

"The selection of Starwood Hotels & Resorts and Troon Golf is intended to be the cornerstone of our strategy to develop Phoenix Seagaia into an international, world class, multi-brand destination resort," said Michael F. Glennie, President and Chief Executive Officer of Phoenix Seagaia Resort Companies. "It is also our intent that Phoenix Seagaia becomes a great platform from which we will pursue additional acquisitions in the lodging and recreation sector," said Mr. Glennie.

Phoenix Seagaia stretches 7.5 miles along the coast through an area in the Miyazaki Prefecture marked by forests of Japanese black pines said to have been planted 250 years ago by the Shogun, Tokugawa Yoshimune. Ripplewood developers submitted the plan for the renewal and continued preservation of these historic forests and won the "Director Chairman of the Japan Forestry Technology Society Award," which acknowledged more natural methods of nurturing and protecting their growth. The company's natural approach falls in line with the agronomic management procedures synonymous to the Troon Golf philosophy as well as accounts for the preservation of the environmental surroundings.

The five and a half courses located within the resort complex are a unique blend of golfing experiences that complement the topography of the land and cater to the many guests the resort hosts from around the world. Phoenix Country Club is listed among the "World's Top 100 Courses" and home of the "Dunlop Phoenix Tournament" since 1974. The club is home to 27-holes and features bent grass lawn and is recognized as a world-renowned golf destination. The largest golf complex at the resort is the Phoenix Kogen (Highlands) Country Club, which a 36-hole facility spreading over elevated terrain set on a hillside 650 feet above sea level and located 30 minutes west of Miyazaki City.

Senior PGA Tour Player, Tom Watson, was an integral part of the design and supervision of the Tom Watson Golf Course, an 18-hole project that plays relatively level along the seaside, providing a variety of strategic challenges in a beautiful coastal wooded setting. Furthermore, course designer, Ohashi Takayoshi, stressed "Ecological Harmony" in his theme for Kitago Phoenix Country Club. The course is situated along gentle mountain ridges and pleasant valleys that demands well-executed golf course management to avoid the strategic placement of rugged indigenous stones and boulders.

"In light of the recent resurgence of golf development in Japan and our Troon Golf offices in Tokyo, we are privileged to partner with Ripplewood to rejuvenate this remarkable resort destination," said Dana Garmany, Troon Golf Chairman and Chief Executive Officer. "With the game of golf such a crucial element in the Japanese business culture, we are pleased to now offer a superior level of play in this remarkable recreational resort setting as well."

Based in Scottsdale, Arizona, Troon Golf represents over 110 management and development contracts in 21 states and 10 countries. Troon Golf properties include venues such as The Westin Turnberry Resort, Ayrshire, Scotland; Kierland Golf Club, Scottsdale, Arizona; Oak Village, Chiba Prefecture, Japan; Black Creek Club, Chattanooga, Tennessee; The Westin Innisbrook Resort, Tampa Bay, Florida; and Wyndham El Conquistador Resort & Country Club, Las Croabas, Puerto Rico.
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