With construction slated to begin next year, Philadelphia marks the sixth Puttery location in development or operation across the country. DALLAS - Drive Shack Inc., a leading owner and operator of golf-related leisure and entertainment businesses, today announced it will bring Puttery, its newest competitive socializing and entertainment golf experience, to the bustling area between Old . DALLAS, June 21, 2022--(BUSINESS WIRE)--Drive Shack Inc. (DSI) (the "Company") (NYSE: DS), a leading owner and operator of golf-related leisure and entertainment businesses, today announced that Puttery D.C. will open to the public at 12 p.m. EDT on Thursday, June 23, 2022. ABOUT PUTTERY. From competitive socializing to curated . The development cycle is 6-9 months and $7M- $11M per Puttery location. ABOUT DRIVE SHACK INC. Drive Shack Inc. is a leading owner and operator of golf-related leisure and entertainment businesses focused on bringing people together through competitive socializing. Sign up now to get our Daily Breaking News Alerts Opt out at anytime Here's how Puttery takes mini golf to the next level. S&P Capital IQ 2021 All news about DRIVE SHACK INC. More news Puttery is currently open in The Colony, TX, Charlotte, N.C., and Washington, D.C. Other Puttery venues currently underway include Houston, Chicago, Pittsburgh, Philadelphia, Miami, New York. Located at Grandscape, a 400-acre, mixed-use development in The Colony, Texas, Puttery’s inaugural location features 20,700 square feet of entertainment, spanning two floors with four uniquely themed golf courses, three bars, an outdoor terrace, and multiple . Website https://ir.driveshack.com Industries Entertainment Providers Company size 1,001-5,000 employees Headquarters. Drive Shack. Areas of Interest (Departments) CTRL + Click to select multiple Back of the House Communications Construction Course Maintenance Facilities Management Finance & Accounting Front of the House Guest Services Human Resources IT Legal Marketing Operations Real Estate & Development Sales. Drive Shack's year to date revenue is split between the three units: American Golf - $65.1 million. This rating has improved by 14% over the last 12 months. Chief Of Staff at Drive Shack Inc. 1d Report this post Jennifer Blitz Senior Program Associate at WestEd 2d "Experts from WestEd's English Learner and Migrant Education Services will make . Their portfolio consists of Drive Shack, American Golf, and Puttery. In their view, each location could be worth $2 to $3 million in EBITDA with revenues in the range of $100 million . New Orleans, LA (On - Hold) Manhattan, NY Drive Shack's revenue through the first six months of 2021 was $19.8 million or about $5 million per venue - significantly lower than Topgolf's. Hours of operation will vary, ranging from 11 a.m. to 2 a.m. depending on the day. American Golf's revenue grew 21.6% versus 2020, and Drive Shack's revenue grew 64% versus 2020. ABOUT PUTTERY Puttery is a modern spin on putting . In addition, the company is in the midst of launching The Puttery, which is a similar. Drive Shack has carved a niche with competitive, social entertainment through golf-related leisure and large-format entertainment venues that combine gaming and premier golf technology with a chef . 28th St. near the northern edge of the. Consent. Reservations are now available, and guests can also start booking. Drive Shack Investor Presentation. March 14, 2021 - Drive Shack Jumps 18% As 4Q Earnings Exceed Estimates - analysts expected significantly lower revenue due to COVD but DS was able to beat these estimates. The June 23 debut in Penn Quarter marks the third location for Drive Shack Inc.'s premier golf entertainment concept. Puttery is currently open in The Colony, TX, Charlotte, N.C., and Washington, D.C. Other Puttery venues currently underway include Houston, Chicago, Pittsburgh, Philadelphia, Miami, New York City and Kansas City. Michael Sullivan of Koniver Stern Group, along with RUE's Jeremy Zidell and Tripp Russ, represented the tenant. Revenue from golf operations rose 4.7% Y/Y, and sale. "Golf entertainment was the most realistic for Drive Shack coming out of traditional golf," she says. Today, our portfolio consists of American Golf, Drive Shack and Puttery. A Driving Range Is Only Half The Story Reserve a Bay Drive Shack is more than just a high tech driving range, it's also a place for weekend brunches, birthday parties, corporate events, and all the moments you'll want to make the most of. Views and Vibes: Puttery Here's a virtual walkthrough of the new venue that could be a high-tech hole-in-one for the brand. Guests must be 21 years or older. Posting id: 786150754. Puttery would be the only mini-golf location downtown. Puttery has two locations: Dallas, TX . We are opening an additional 7 this year, followed by many more, with a plan to open . DALLAS--(BUSINESS WIRE)-- Drive Shack Inc. (the "Company") (NYSE:DS), a leading owner and operator of golf-related leisure and entertainment businesses, today announced it will bring Puttery, its newest competitive socializing and entertainment golf experience, to . . The company is on track to hit $322 million in revenue this year, with the Puttery venues leading the way. Hours of operation will vary, ranging from 11 a.m. to 2 a.m. depending on the day. Drive Shack has four locations. Puttery - $.8 million. Apply online instantly. Drive Shack's (DS) earnings of $0.13 per share compared favorably with the year-ago period's loss of $0.25 per share. Make a reservation today. Hours of operation will vary, ranging from 12 p.m. to 2 a.m., depending on the day. Puttery Minneapolis will be located at 270 Hennepin Ave. Click here to download high-resolution photos of Puttery. About Drive Shack Inc. The 20,265-square-foot venue will feature three uniquely-themed putting courses, bars and multiple lounge areas throughout with both dining and craft cocktail service. American Golf. Presently, Drive Shack's market cap is $123 million. . Drive Shack's portfolio includes American Golf, Drive Shack and Puttery. Click here to download high-resolution venue photos. It is our estimation the company could eventually open 100 to 200 locations nationally within the next five to ten years. Position: Assistant General Manager - Pittsburgh, PA<br>Location: Bloomfield<br>ABOUT DRIVE SHACK INC Drive Shack Inc. is a leading owner and operator of golf-related leisure and entertainment businesses focused on bringing people together through competitive socializing. Orlando, FL Raleigh, NC Richmond, VA West Palm, FL Drive Shack has two committed venues to open before 2024. DS Drive Shack Inc Drive Shack Inc. Locations - Drive Shack Richmond Details Find a Location Near You Open Now Make My Location Richmond 1647 Four Rings Dr Richmond, VA 23233 (804) 729-3778 See Location See All Drive Shack Locations Orlando Opens at 3:00 pm 7285 Corner Dr Orlando, FL 32827 (407) 553-8820 See Location Reserve a Bay Raleigh Open Now 6901 Play Golf Way Raleigh, NC 27607 Drive Shack CFO Michael Nichols noted the move in a Q1 analyst call. Trust us, Puttery is anything but par for the course. DS Drive Shack Inc Puttery Now Hiring for its First Two Locations in The Colony/Dallas and Charlotte Puttery, Drive Shack Inc's Newest Social Entertainment Mini-Golf Experience Set to Debut Summer 2021, is Currently Hiring a Variety of Energetic, Top-Talent Hospitality Associates to Join its New and . The Miami Wynwood location will bring the total number of new Puttery venues announced to four, including: Dallas, Texas, Charlotte, North Carolina and Washington DC. For more information on Puttery, please visit puttery.com . Take a photo tour of Drive Shack's debut Puttery location at Grandscape in The Colony, just north of Dallas. Puttery's Nov. 4 debut in the Windy City marks the fifth opening for Drive Shack Inc.'s premier golf entertainment concept DALLAS, October 28, 2022--(BUSINESS WIRE)--Drive Shack Inc. (the . The first Puttery location opened in The Colony last September, followed by our second location in Charlotte. DALLAS, February 22, 2022 -- ( BUSINESS WIRE )-- Drive Shack Inc. (the "Company") (NYSE:DS), a leading owner and operator of golf-related leisure and entertainment businesses, today announced. About Puttery Puttery is located at 5762 Grandscape Blvd., Suite 105, in The Colony, Texas. Hours of operation will vary, ranging from 12 p.m. to 2 a.m., depending on the day. It's far faster and less risky than developing Drive Shack's 12- to 15-acre locations that require an average development cycle of 18-24 months and $35M-$45M in capital. ABOUT DRIVE SHACK INC. Drive Shack Inc. is a leading owner and operator of golf-related leisure and entertainment businesses focused on bringing people together through competitive socializing. Today, our portfolio consists of American Golf, Drive Shack, and Puttery. You can find more info here. Other locations are underway in Chicago, Houston, Kansas City, Miami, New York City, Philadelphia and Pittsburgh. Drive Shack Stock Gains As Q4 Results Top Estimates. Puttery is located at 5762 Grandscape Blvd., Suite 105, in The Colony, Texas. ABOUT PUTTERY. | October 12, 2022 ABOUT PUTTERY. Puttery offers indoor mini golf using modern technology that automatically keeps score, as you enjoy our tasty food, live DJs and hand-crafted cocktails. Opened Sept. 10, it features wildly creative 9-hole "golf courses" on two floors, three bars, an outdoor terrace, and multiple lounges and seating areas. That makes each location worth 130 basis points of revenue growth relative to Q3 levels. Reservations are now available, and guests can also start booking events in one of the many swanky lounges or private event spaces. Saleh and team expect Drive Shack to open one more location this year, and at least three more venues in 2022. Puttery is currently open in The Colony, TX, Charlotte, N.C., and Washington, D.C. Other Puttery venues currently underway include Houston, Chicago, Pittsburgh, Philadelphia, Miami, New York. Skills. It costs $7 million to $11 million per Puttery, while Drive Shacks cost $25 million to $40 million and take at least twice as long to build. About Puttery Puttery offers adults an immersive experience unlike any other. Apply online instantly. Existing Puttery locations brought the company $4.4 . At its Wynwood location, Drive Shack will open its newest venture, t he Puttery, which will include putting greens, bars and lounges. Puttery is a modern spin on putting, re-defining the game with unique twists at every . There are only a handful of Gen 2.0 Drive Shack sites today, with room for a few dozen across the US. Now Hiring For All Locations, View Our Careers > Putting with a modern spin. Hours of operation will vary, ranging from 11 a.m. to 2 a.m. depending on the day. https://lnkd.in/gBYbWTns Be one of the first to check it out and book your tee time today: reservations . Drive Shack Inc. is a leading owner and operator of golf-related leisure and entertainment businesses focused on bringing people together through competitive socializing. Drive Shack has an overall rating of 3.4 out of 5, based on over 99 reviews left anonymously by employees. It all starts with an immersive experience, oh, and a 21+ requirement. Analysts were expecting a loss of $0.19 per share. Today, our portfolio consists of American Golf, Drive Shack and Puttery. Puttery Philadelphia, an indoor golf concept from Drive Shack Inc., plans to open a new facility in Philadelphia's Olde Kensington neighborhood as part of a mixed-use development at 1400 N. Howard St. Posting id: 785639029. The concept, which landed the company a $10 million investment last year from Rory McIlroy, has existing locations in The Colony, TX, Charlotte, N.C., and Washington, D.C. In 2021, the company anticipates $1 million in EBITDA to be generated from its already running Puttery locations, which stands for just less than 6% of the FY . But the company's focus right now is Puttery. Drive Shack Inc. will open a location of its new mini golf brand Puttery on 932 W. Randolph Street. Today, our portfolio consists of American Golf, Drive Shack, and Puttery. The most recent shout-out came from BTIG which finds the Puttery concept alluring. But Khouri has never been known for playing it safe. Drive Shack's total revenue in 2021 was $281.1 million, up 28% versus 2020. Drive Shack fully exited their plans to build a venue in New Orleans and recently terminated its lease at a loss. Guests must be 21 years or older. . Puttery, Drive Shack Inc.'s new adults-only, competitive socializing and immersive entertainment experience, will open to guests on Sept. 3 . Topgolf opened their first Chicagoland location in 2007 in Wood Dale. 7 months ago - Benzinga. DALLAS, December 13, 2021--Drive Shack Inc. Chicago's Fulton Market will join the Puttery brand as the seventh location in development or operation across the country. View this and more full-time & part-time jobs in Houston, TX on Snagajob. The first locations of Putterythe latest food-and-golf concept from multi-concept operator Drive Shackare slated to open this summer in Dallas and Charlotte, N.C., with a total of seven units planned by the end of the year. To fund the Puttery pipeline Drive Shack will need to sell some of its assets, likely from its American Golf portfolio, and . Resume Upload. Drive Shack - $10.5 million. Apply for a Drive Shack/American Golf/Puttery Assistant General Manager AGM job in Houston, TX. As I just mentioned, we currently have four Drive Shack entertainment golf venues located in Orlando, Raleigh, Richmond and West Palm. Drive Shack Inc. plans to open or nearly complete a total of seven new Puttery venues by the end of 2021. The Miami Wynwood location will bring the total number of new Puttery venues announced to four, including: Dallas, Texas, Charlotte, North Carolina and Washington DC. ABOUT PUTTERY. View this and more full-time & part-time jobs in Chicago, IL on Snagajob. Puttery is a modern spin on putting, re-defining the game with unique twists at every . Drive Shack Inc. is a leading owner and operator of golf-related leisure and entertainment businesses focused on bringing people together through competitive socializing. 56% of employees would recommend working at Drive Shack to a friend and 43% have a positive outlook for the business. Today, our portfolio consists of American Golf, Drive Shack and Puttery. Drive Shack owns and operates more than 50 golf courses in the U.S., as well as four 72- and 96-bay hitting facilities. In their view, each location could be worth $2 to $3 million in EBITDA with revenues in the range of $100 million annually. Drive Shack Inc. plans to open or nearly complete a total of seven new Puttery venues by the end of 2021. "We have bigger ambitions, though. Drive Shack opened one venue in 2018 and three in 2019 they haven't opened a new location since. Drive Shack Inc. is a leading owner and operator of golf-related leisure and entertainment businesses focused on bringing people together through competitive socializing. Over 84% of Drive Shack's revenue was recognized from its American Golf business. The Dallas-area location has a current run rate of about $10M in annualized. Puttery is a competitive and entertainment golf experience that features a two-story, 23,000-square-foot venue offering four nine-hole putting courses, multiple bars and rotating DJs. The outlook for Drive Shack is promising. Drive Shack Inc. (the "Company") (NYSE: DS), a leading owner and operator of golf-related leisure and entertainment businesses, today announced that Puttery Chicago will open to the public at 12 p.m. CT on Friday, Nov. 4, 2022. Each Puttery locationcurrently open in Dallas and Charlotte includes between 18,000 and 24,000 square feet of space, a full kitchen and bar, seating areas and lounges. Puttery offers a modern spin on putting, combining innovative technology with a high-energy, adults-only atmosphere. Puttery. Other notable insights: Drive Shack (NYSE: DS), known for its driving ranges with a focus on food and beverage, is slated to open its newest concept, Puttery, at 245 N.W. Today, our portfolio consists of American Golf, Drive Shack and Puttery. Apply for a Drive Shack/American Golf/Puttery Director of Sales job in Chicago, IL. Puttery D.C. is located at 800 F St NW. Drive Shack Inc (NYSE: DS) reported fourth-quarter FY21 sales growth of 17% year-on-year, to $70.53 million, beating the consensus of $69.26 million. Compared to a "Drive Shack" location with a buildout cost between $25 and $40 million, the company can develop a Puttery for around $7 to $11 million with a faster turnaround while. Drive Shack Inc. is a leading owner and operator of golf-related leisure and entertainment businesses focused on bringing people together through competitive socializing. Puttery is a modern spin on putting, re-defining the game with . Keeps Guests Warm This Winter With Holiday Offerings From Drive Shack & Puttery; NYE Celebrations, Holiday Parties & Virtual Snowmen Drive Shack recently announced that Houston will be the site of their fifth Puttery location. Come enjoy your time at Drive Shack in a safe and fun environment. Puttery is a modern spin on putting, re-defining the game with unique twists at every . While the deal closed on Wednesday, Puttery likely won't open before the first quarter of 2022. Drive Shack is a Topgolf competitor with four locations in the United States and two in the developmental pipeline. Today, our portfolio consists of American Golf, Drive Shack, and Puttery. Puttery is officially opening its doors in the Windy City at noon on Friday, November 4th! Guests must be 21 years or older.. About Puttery Puttery D.C. is located at 800 F St NW. Announces Grand Opening of Debut Puttery Location in The Colony, Texas Puttery, Drive Shack Inc.'s new adults-only, competitive socializing and immersive entertainment experience, will open to guests on Sept. 3 Drive Shack Inc. (the 'Company') (NYSE: DS), a leading owne. Puttery is located at 5762 Grandscape Blvd., Suite 105, in The Colony, Texas. We are committed to one additional lease in Manhattan on.
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