HMH delivered exceptional results for clients in the niche golf club and golf hotel market in 2021. Despite testing market conditions, HMH completed the sale / letting of 9 golf properties during the year, comprising 3 golf hotels and 6 golf courses (with a combined value of £ 52 million) and agreed sales on a further 9 properties (3 golf hotels and 6 golf courses) totaling £ 28 million prior to the year end. Purchasers included overseas operators, local lifestyle buyers and specialist niche investors.
HMH believes that these exceptional results – totaling £ 80 million a year – provide great encouragement for the market as we enter 2022.
Tom Marriott of HMH said, “Our ability to achieve sales through discrete off market placement remains a key attraction for many of our clients. We handled an increased number of golf hotels during 2021 and look forward to 2022 with great enthusiasm. ”
Ben Allen of HMH added, “It is good to see that many operators benefited from 2021’s golf participation boom. While the wider economic outlook for 2022 remains somewhat clouded, the upsurge in golf and strength of demand from purchasers for golf clubs and golf hotels looks set to continue throughout 2022. ”