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Health and Fitness Club Industry News: Chains

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ClubCorp Acquires Bernardo Heights Country Club
Posted: December 17, 2015 in Chains

DALLAS, TX - ClubCorp - The World Leader in Private Clubs (NYSE: MYCC) - announces the acquisition of Bernardo Heights Country Club, a private, previously member-owned club located in north county San Diego. ClubCorp plans a multimillion-dollar reinvention project that will bring new dining, social and family features that will enhance the club experience. Read More...

ClubCorp Reports Record Third Quarter Results, Tightens 2015 Outlook and Accelerates Club Reinvention
Posted: October 15, 2015 in Chains

DALLAS, TX - ClubCorp - The World Leader in Private Clubs (NYSE: MYCC) - announced financial results for its fiscal-year 2015 third quarter ended September 8, 2015. The third quarter of fiscal 2015 and fiscal 2014 consisted of 12 weeks. Year-to-date results of fiscal 2015 and fiscal 2014 consisted of 36 weeks. All growth percentages refer to year-over-year progress. Revenue was up 24.9%, while adjusted EBITDA increased 21.2%. ClubCorp tightens its 2015 adjusted EBITDA range to be between $232 and $236 million. ClubCorp is accelerating capital investment on reinvention at several acquired Sequoia Golf clubs. Read More...

ClubCorp CEO Named the Most Powerful Person in Golf
Posted: October 6, 2015 in Chains

DALLAS, TX - Eric Affeldt, CEO and President of ClubCorp --The World Leader in Private Clubs (NYSE: MYCC)-- has been named No. 1 on the Golf Inc. 2015 "Most Powerful People in Golf" list, which ranks individuals' influence and their organizations' ability to positively impact the golf industry. This is the second year in a row that Affeldt has received this top honor. Read More...

ClubCorp Reports Record Second Quarter Results and Reaffirms 2015 Outlook
Posted: July 23, 2015 in Chains

DALLAS, TX - ClubCorp - The World Leader in Private Clubs (NYSE: MYCC) - announced financial results for its fiscal-year 2015 second quarter ended June 16, 2015. The second quarter of fiscal 2015 and fiscal 2014 consisted of 12 weeks. All growth percentages refer to year-over-year progress. Read More...

ClubCorp Holdings, Inc. Completes Repricing of $901 Million Senior Secured Term Loan
Posted: May 28, 2015 in Chains

DALLAS, TX - ClubCorp – The World Leader in Private Clubs (NYSE: MYCC) – announced that it has completed the repricing of its $901 million senior secured term loan. ClubCorp's credit agreement was amended to decrease the rate at which Term B loans bear interest. Read More...

ClubCorp Reports Record First Quarter Results, Raises 2015 Outlook and Announces Multi-Year Drive to $300 Million Adjusted EBITDA
Posted: April 30, 2015 in Chains

DALLAS, TX - ClubCorp - The World Leader in Private Clubs (NYSE: MYCC) - announced financial results for its fiscal-year 2015 first quarter ended March 24, 2015. The first quarter of fiscal 2015 and fiscal 2014 consisted of 12 weeks. All growth percentages refer to year-over-year progress. Read More...

ClubCorp Completes Acquisition of Multi-Club Portfolio
Posted: April 7, 2015 in Chains

DALLAS, TX - ClubCorp – The World Leader in Private Clubs (NYSE: MYCC) – announced it has completed its acquisition of a multi-club portfolio of six golf clubs further increasing its portfolio of private clubs. The acquisition includes four private clubs, one semi-private club and one public golf club – adding 171 holes of golf in already established ClubCorp markets throughout the Southeast United States. Read More...

ClubCorp Announces Agreement to Acquire a Collection of Six Golf Clubs
Posted: March 23, 2015 in Chains

DALLAS, TX - ClubCorp – The World Leader in Private Clubs (NYSE: MYCC) – announced agreements have been signed to acquire a multi-club portfolio of six golf clubs for a combined purchase price of just under $44 million. The sellers are Stratford Golf Partners and Accord Golf Capital and the acquisition will be funded from existing liquidity. This acquisition includes four private clubs, one semi-private club and one public golf club – adding 171 holes of golf in already established ClubCorp markets throughout the Southeast United States. Read More...

ClubCorp Delivers Record Full Year Results Ahead of Long-Term Growth Objective
Posted: March 12, 2015 in Chains

DALLAS, TX - ClubCorp - The World Leader in Private Clubs (NYSE: MYCC) - announces its fiscal-year 2014 financial results for the fourth quarter and full-year ended December 30, 2014. Read More...

ClubCorp Announces the Acquisition of Rolling Green Country Club in Chicago
Posted: January 20, 2015 in Chains

DALLAS, TX - ClubCorp – The World Leader in Private Clubs (NYSE: MYCC) announces the acquisition of Rolling Green Country Club in Arlington Heights, Illinois, the company's second purchase this year of a private golf and country club in northwestern Chicago. ClubCorp plans a $1.5 million-dollar reinvention project at Rolling Green that will include renovations and upgrades to the golf course, clubhouse and pool complex. Read More...

ClubCorp Announces the Acquisition of Ravinia Green Country Club in Chicago
Posted: January 13, 2015 in Chains

DALLAS, TX - ClubCorp – The World Leader in Private Clubs® (NYSE: MYCC) announces the acquisition of Ravinia Green Country Club, a private, previously member-owned club in upscale Riverwoods, Illinois, located 30 minutes north of Chicago in the North Shore. The acquisition marks the first country club in the Chicago area for ClubCorp, which currently owns and operates The Mid-America Club in the Aon Center and The Metropolitan Club in Willis Tower in downtown Chicago. ClubCorp plans a million-dollar reinvention project that will include renovations and upgrades to the golf course, clubhouse and pool complex. Read More...

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