PGA National Resort & Spa

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PGA National Resort & Spa - overview

Location

-, FL, US

Primary Industry

Travel & Leisure

About

PGA National Resort & Spa is a premier destination offering luxurious golf and wellness experiences in Palm Beach Gardens, Florida, featuring championship courses and upscale accommodations for discerning visitors. PGA National Resort & Spa operates as a luxury resort known for its exceptional golf and wellness offerings. Originally acquired by Walton Street Capital in August 2006, the resort has maintained a focus on providing a top-tier experience for its guests. The resort is located in Palm Beach Gardens, FL, US.


PGA National Resort offers a diverse range of premium services centered around luxury golf experiences and resort amenities. At its core, the resort provides access to six championship golf courses, including newly introduced layouts, such as The Match and The Staple, totaling 99 holes of golfing excellence. These facilities cater to golf enthusiasts of all skill levels and aim to deliver an exceptional golfing experience in a picturesque Florida setting. Additionally, the resort features an expansive wellness facility, a sports and racquet club, and a variety of accommodations, including renovated guestrooms, suites, and private cottages designed to enhance guest comfort and luxury.


The primary customer base comprises affluent individuals and families from not just Florida, but also regions such as New York, New Jersey, and other states within the United States, who seek a lavish getaway offering recreational and wellness activities. PGA National Resort generates revenue through a multi-faceted business model that includes direct-to-consumer sales and membership offerings. Guests typically engage in transactions by booking accommodations, golf packages, and spa services, often facilitated through the resort’s website or dedicated reservation lines. Membership programs, such as the Summer Membership, provide exclusive access to golf courses and resort amenities and are structured to encourage repeat visits from local and regional clientele.


Pricing structures for services include bundled packages that offer amenities like complimentary nights or discounts on accommodations and activities, which appeal to different consumer segments. By offering premium experiences, such as the renowned Gold Golf Package, the resort positions itself to deliver high-value services that attract a discerning clientele seeking both leisure and luxury. PGA National Resort & Spa is poised for future growth by enhancing its product offerings and expanding its market presence. As part of its strategy, the resort is working on launching innovative golf and wellness programs designed to attract new clientele by 2024.


The funding received from Walton Street Capital in August 2006 will be utilized to support these initiatives, enhancing the resort's facilities and marketing efforts to reach a wider audience.


Current Investors

Walton Street Capital

Primary Industry

Travel & Leisure

Sub Industries

Hospitality Services, Recreational & Entertainment Facilities

Website

www.pgaresort.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

PGA National Resort & Spa - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedPGA National Resort & Spa-

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