Accordia Golf Trust reports nearly 6 percent more players in August

Accordia Golf Trust reported Tuesday the number of players on its courses in August rose 5.8 percent on-year to 511,886.

For the April-to-August period, the trust’s golf courses had 2.63 million plays, up 4.3 percent on-year, Accordia Golf Trust said in a filing to SGX.

The utilization rate for August was 79.5 percent, up 5.6 percentage points on-year, while for the April-to-August period, the utilization rate was 82.2 percent, up 3.5 percentage points on-year, the trust said.

The average for August for the past three years has been 497,847 players with a utilization rate of 76.2 percent, the trust said.

Accordia Golf Trust’s portfolio has 88 golf courses, including ancillary assets, in Japan, the filing said.

While you’re here, we’re hoping you can help us out.

Shenton Wire has been providing you with quick news and market analysis. But we need your support to continue to bring you the news you’ve come to expect and to expand our reach beyond Singapore.

Your monthly contribution will directly fund our journalism.

S$2     S$4       S$8

S$18       S$28       S$88

Check your existing account here and sign in to Shenton Wire here.

Contact us about other contribution levels or for corporate subscriptions and article syndication.