Leisurecorp

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Leisurecorp
Company typeInvestment company (Government-owned)
IndustrySports/Leisure Investments
Founded2006
Headquarters,
Area served
Global
ProductsInvestment
ParentDubai World
Websitewww.leisurecorp.com

Leisurecorp, formerly Istithmar Leisure, is a subsidiary of Dubai World, established in 2006, that invests in sports and leisure facilities, with golf being a particular focus.[1]

Among the sites owned by Leisurecorp are PGA European Tour venues Pearl Valley Golf Estates in South Africa,[2][3] and Jumeirah Golf Estates in Dubai. It bought the Turnberry Resort in Scotland in October 2008, which hosted the 2009 Open Championship,[1][4] and sold it to Donald Trump in April 2014.[5] Leisurecorp also has major shareholdings in Island Global Yachting, Troon Golf, GPS Industries, and Snowmass, Colorado.

History

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