Supply and demand

Article Abstract:

The UK Henry Stewart Conference, held in July 1996, focused on how to earn a profit from leisure property. The conference was attended by 90 delegates connected with planning, financing, developing and operating leisure parks. A director of Marylebone Warwick Balfour Ltd., a top developer of leisure parks, John Harrison, spoke of the leisure park market and of consumer spending at the parks. The property director of Virgin Cinemas Ltd., Andrew Beshaw spoke of the history of the cinema, of recent developments, and the improving market.

United Kingdom, Real estate, Recreation, Real property

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Golf lessons

Article Abstract:

A survey of golf clubs by consultants Pannell Kerr Forster Associates has revealed reasonable economic performance in 1991. 'Golf Trends, A Survey of UK Golf Clubs 1992' showed mainatenance of primary spending but a decline in secondary spending in real terms. Increased commercial bias has developed income from non-members through green fees. However, higher administration costs increased expenditure ahead of inflation. Increased staff numbers and higher salaries accounted for greater costs.

Surveys, Golf courses, Pannell Kerr Forster Associates

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Mac Okamoto

Article Abstract:

Mac Okamoto, managing director of the County Hall buildings in London, England, was determined to acquire the site on behalf of owners Shirayama Shokusan because of County Hall's prime location. County Hall houses the London Aquarium, The Club at Country Hall and various food and leisure outlets. The site has 1.5 million square feet of space and was purchased in 1993 for sixty million pounds sterling.

Management, Cover Story, London, England, Mac Okamoto

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