Summary
Drive Shack Inc. owns and operates golf-related leisure and entertainment venues. It operates through three segments: Entertainment Golf Venues, Traditional Golf Properties, and Corporate. The Entertainment Golf Venues segment operates golf-related leisure and entertainment venues with gaming and golf technology, a chef-inspired menu, craft cocktails, and social events, as well as operates Puttery, an indoor socializing and entertainment platform. As of December 31, 2021, it operated six owned or leased entertainment golf venues across four states with locations in Orlando, Florida; West Palm Beach, Florida; Raleigh, North Carolina; and Richmond, Virginia, The Colony, Texas, and Charlotte, North Carolina. The Traditional Golf Properties segment operates golf courses and country clubs in the United States. As of December 31, 2021, it owned, leased, or managed 55 properties across nine states. The Corporate segment consists of securities and other investments and executive management. The company was formerly known as Newcastle Investment Corp. and changed its name to Drive Shack Inc. in December 2016. Drive Shack Inc. was founded in 2002 and is headquartered in Dallas, Texas.
History
Drive Shack is the new wave of golf entertainment, built on a foundation of experiences accessible to all. The company began as Ryder Golf in December 2014, and officially changed its name to Drive Shack in August 2018.Servicing golfers of all skill levels, Drive Shack offers a modern take on the game through an extensive fleet of Toptracer Range ball-tracking technology, interactive games, and social activities in a fun environment.
Mission
Our mission is to redefine the way people think about golf and make it a fun, social outing for everyone to enjoy.
Vision
We envision a future where everyone can enjoy playing golf, regardless of skill level and gender. We want to take our innovative and engaging experiences to every major city and make it available to all people.
Key Team
Mr. Peter Lionel Briger Jr. (Principal & the Co-Chairman of Directors - Fortress Investment Group LLC)
Mr. Nicholas M. Foley (Sec.)
Recognition and Awards
Drive Shack has earned multiple awards, including the 2018 Facility of the Year by the National Golf Foundation for its Dallas location, and the 2019 Facility of the Year for its Charlotte location. In 2018, GOLF Magazine included the Orlando Drive Shack location on its list of Best Golf Ranges and the New York Post listed Drive Shack as one of the Best Golf Metro Courses of 2019.
References
United States 