CONDÉ NAST TRAVELER ANNOUNCES NINTH ANNUAL TOP GOLF RESORTS

Scottsdale, Ariz. – Troon Golf®, the world leader in luxury golf development, management, and marketing, takes pleasure in recognizing eleven (11) premier golf resort properties from its growing international portfolio as some of the Top 100 Golf Resorts for 2004, according to Condé Nast Traveler. The savvy readers of this publication reveal their travel insight with nearly 1,300 respondents evaluating the 317 golf resorts they had visited in the past three years. Their responses were then formulated to determine the truly standout facilities throughout the United States, Canada, Mexico, and the Caribbean. Condé Nast Traveler’s Top 100 Golf Resorts for 2004 attests to its readers’ discerning judgment of destinations, accommodations, and transportation.

“Such recognition from a very respected publication, especially from the readers, speaks volumes for the close alliance Troon Golf enjoys with the world’s great hotel operators,” stated Troon Golf President and Chief Operating Officer, Hud Hinton. “We congratulate these highly regarded resort facilities, and thank our many Troon Golf associates for their tireless efforts to provide the best possible golf resort experiences for all our guests.”

Troon Golf partners include Starwood Hotels and Resorts Worldwide, with premier golf properties under the flag of St. Regis, Luxury Collection, Westin and Sheraton. Troon Golf also partners with Kerzner International in the global launch of its One & Only brand of ultra-luxurious hotels and resorts in exotic locations, such as Palmilla, Los Cabos, Mexico, and The Ocean Club, Paradise Island, Bahamas.

Rankings of Troon Golf properties on 2004 Conde Nast Traveler Top 100 Golf Resorts:
UNITED STATES

No. 14. Westin La Cantera Resort, San Antonio, TX
No. 20. Four Seasons Resort at Troon North, Scottsdale, AZ
No. 42. The Lodge at Ventana Canyon, Tucson, AZ
No. 50. The Phoenician, Scottsdale, AZ
No. 57. Westin Savannah Harbor Resort & Spa, Savannah, GA
No. 68. St. Regis Monarch Beach Resort & Spa, Dana Point, CA
No. 73. Westin Mission Hills Resort, Rancho Mirage, CA

CARIBBEAN/ATLANTIC
No. 3. One&Only Ocean Club, Paradise Island, Bahamas

MEXICO
No. 1. One&Only Palmilla, Los Cabos, Mexico

Those Troon Golf managed facilities in the United States being recognized as part of this list for the first time include The Westin Savannah Harbor Resort & Spa at No. 57; St. Regis Monarch Beach Resort & Spa at No. 68; and The Westin Mission Hills Resort at No. 73. In the Caribbean, at No. 3, One&Only Ocean Club is honored with its inaugural inclusion in Condé Nast Traveler’s Top 100 Golf Resorts for 2004

Headquartered in Scottsdale, Arizona, Troon Golf manages operations at more than 140 courses located in 26 states and 12 countries. Additionally, 28 Troon Golf facilities enjoy a Top 100 ranking by national or international publications. Troon Golf properties include The Westin Turnberry Resort, Ayrshire, Scotland; Talking Stick Golf Club, Scottsdale, Ariz.; Maderas Golf Club, San Diego, Calif.; Lake of Isles Golf Club, North Stonington, Conn.; Vista Ridge Golf Club, Erie, Colo.; Kooindah Golf & Country Club, New South Wales, Australia; and Bearwood Lakes Golf Club, Berkshire, England.