TravelNewsAsia.com

Reignwood Buys Wentworth Golf Club

Travel News Asia Videos Podcasts Latest Travel News Asia Monday, 15 September 2014
 

Reignwood Investments has acquired one of the most famous golf and country clubs in the world from Richard Caring’s WG Acquisition Ltd., for a total of £135m.

Wentworth has over 87 years of experience in hosting professional golf tournaments and is widely regarded as one of the world’s most prestigious golf tournament venues.

Dr. Chanchai Ruayrungruang, who founded the Reignwood Group in Thailand in 1984, said, “Reignwood has a long history in golf development, a profound respect for excellence in every form and deep interest in East-West cooperation. As a world famous golf institution, Wentworth is a key strategic acquisition for our rapidly growing luxury lifestyle division, whose unique culture we are dedicated to preserving and whose exceptional expertise will inform our golf operations across Asia.”

Wentworth, located in the upmarket county of Surrey in England, offers three 18-hole golf courses , one 9-hole par 3 executive course, extensive practice facilities , a bespoke TaylorMade Performance Lab, a clubhouse with restaurants, bars, private meeting & dining rooms for up to 300 guests, bedroom accommodation and a comprehensive Professional Shop and locker rooms.

The Tennis & Health Club at Wentworth features 13 tennis courts, a multi sport area, children’s playground, creche, gym, studio, 2 indoor and 1 outdoor swimming pool, café, lounge, a spa with 7 treatment rooms. 

Richard Caring said, “In the nine years that I have owned Wentworth, I have received a multitude of offers to purchase the club. However, I have always looked for an owner with integrity, a recognition of the iconic nature of Wentworth, an understanding of the special place it holds in so many people’s hearts, an owner who wants to develop the club ever further, improving on what is already a masterpiece, someone with knowledge and experience of the sport and with premium quality international connections and last, but not least, long term vision. In Dr. Chanchai and his team at Reignwood, I feel confident that this has been achieved. I know Wentworth is in great hands for the next chapter in its amazing story and I look forward to staying on as Non-Executive Director.”

Reignwood, Wentworth, Golf, Thailand

Subscribe to our Travel Industry News RSS Feed Travel Industry News RSS Feed from TravelNewsAsia.com. To do that in Outlook, right-click the RSS Feeds folder, select Add a New RSS Feed, enter the URL of our RSS Feed which is: https://www.travelnewsasia.com/travelnews.xml and click Add. The feed can also be used to add the headlines to your website or channel via a customisable applet. Have questions? Please read our Travel News FAQ. Thank you.

     
Advertising
Advertising
Copyright © 1997-2024 TravelNewsAsia.com