Wednesday, 12 August 2009

Captains Course on sale















[In America as in the UK, the recession is biting hard, even at one of the most prestigious Cape Cod golf courses which has been ranked among the Top 10 in the US]

(Pictured above: Visitors from Budleigh in 2001 enjoy one of Brewster’s splendid golf courses in happier economic times)

Auto dealerships are not the only place to get a great deal nowadays.

Captains Course is having a sale for Brewster residents with a one-time-only half-year membership available for $350. The membership would be good through March 31, 2010.

“Our financial problems at Captains Course are all because of loss of memberships,” selectman Ed Lewis observed. “I think this will be a good first step.”

Normally Brewster residents pay $700 for a full year membership. Non-residents pay $2,000. But with the economy slumping 176 residents have not renewed memberships this year.

At a special meeting Monday the Brewster Golf Commission adopted the half-year plan and introduced it to the selectmen that night. In a survey of non-renewing members about half cited the economy or noted they did not play enough.

Bob Weiss of the commission said that renewals were due in April, when the stock had just bottomed.

“401Ks were looking like 101Ks,” he observed. The Dow Jones is up 40 percent since then.

He was concerned the lost residents would not come back.

Any Brewster residents who purchased a full annual membership after July 20, can exchange that for the half-year rate and get a refund. That amounts to five people. Brewster residents, pro-rated to the balance for the half season rate, can also redeem 10-play discount cards.

Lewis was concerned about non-renewing non-residents as well.
“We lost 50 of those,” he noted. “I’m very concerned about those because they have other options.”

“I think there is sizeable interest in resetting the non-resident rate,” Weiss noted. “We are in the process of a more complete discussion of those ideas.”

Weiss said if five ex-members take the half-year plan the club would break even. If they can get 50 or 60 of the 176 to re-up they gain $22,000.

“The fiscal gain would be beyond this year,” said Director of Golf Mark O’Brien. “If they stay away too long it will be difficult to get them back.”

O’Brien’s contract was renewed for three years on Monday, by a 4-1 vote, with Greg Levasseur dissenting.

Text credit: Rich Eldred

Reprinted with permission from The Cape Codder newspaper, Orleans, Massachusetts USA; http://www.wickedlocapecod.com/

For more information about the Captains Course in Brewster, visit the website http://www.captainsgolfcourse.com/

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