Evening Telegraph (First Edition)
Carnoustie Links buys world-famous golf hotel valued at £10m
CARNOUSTIE’S landmark hotel overlooking the town’s Championship golf course has been bought by the body which run the links.
Carnoustie Golf Links Management Committee has exercised an option to acquire the four-star hotel and spa.
It could mean an expansion and upgrade for the facility as the body bids to create a “world-leading destination” in Angus.
The hotel sits beside the 1st tee and 18th green of the world famous course.
It is also adjacent to the committee’s Links House HQ, opened in 2018 ahead of the last Open to be staged in the town.
The ambitious takeover is part of a programme which could bring major changes to the links’ longterm future.
It is part of the drive to keep the course’s place on The Open rota secure.
In 2018 the event delivered £22 million into the Angus economy, and an estimated £50m-plus tourism spin-off.
Carnoustie hosted the AIG Women’s
Open last year and is a regular Dunhill Links Championship venue.
Links chief executive Michael Wells said acquiring the 96-bed hotel is a “key and natural part” of the links committee’s strategy.
The hotel’s acquisition has been secured through an investment partner.
Mr Wells said: “Carnoustie is a unique golfing ecosystem.
“It attracts the world’s preeminent professional championships in men’s and women’s golf, national and international golf tourists and maintains local access for all in Angus.”
He said a “window of opportunity” opened in the wake of 2018.
“Hotel accommodation forms a key and natural part of our long-term plans to build a more sustainable business that benefits the local and regional economy,” said Mr Wells.”
The price has not been disclosed at this stage.
In 2019, owners Bespoke Hotels put the hotel on the market with a £10m price tag.