Friday, 09 January 2009
updated 1 minute ago
04:28 UAE time

YOUR DIRECTORY /

Leisurecorp finalises $88mn purchase of Turnberry

by This email address is being protected from spam bots, you need Javascript enabled to view it on Saturday, 01 November 2008

PURCHASE COMPLETE: Leisurecorp has bought the Turnberry golf resort (pictured). (Getty Images)

Dubai-owned Leisurecorp said on Saturday it has finalised the 55 million-pound ($88.4 million) purchase of the Turnberry golf resort in Scotland.

Leisurecorp, which in May announced plans to buy the five-star resort from Starwood Hotels and Resorts Worldwide, said it had entered into a 50-year agreement with Starwood to continue managing the resort.

Leisurecorp said the resort's 219-room hotel would close from Sunday for a 30 million-pound refurbishment ahead of next July's Open Championship that will be held at Turnberry.

Leisurecorp, part of state-owned conglomerate Dubai World, said interior designer Mary Fox Linton had been appointed to lead the refurbishment, which will see the 101-year-old hotel restored to the vision of the original architect James Miller.

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Linton has previously worked on hotels such as the One Aldwych and The Dorchester Hotel in London.

"Turnberry is a significant addition to our property portfolio and we take seriously our responsibility to restoring the hotel and facilities to its former glory," Alan Rogers, Group CEO, Leisurecorp, said in a statement.

"When the eyes of the world fall upon Turnberry next summer, we are determined that the venue will stand tall with pride, taking its rightful place as one of the top golf courses in the world."

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