Friday, September 20, 2024

Golf Industry Leaders NBC SPORTS NEXT and TROON celebrate a quarter-century partnership with an eye toward future innovation

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On the heels of celebrating the 25th anniversary of one of the golf industry’s most successful partnerships, NBC Sports Next and Troon today formally announce a multi-year renewal of their quarter-century collaboration, which has driven golf participation and course-management innovation to new heights.

“Our relationship with Troon runs deep and we’re extremely proud to celebrate this significant milestone with a fellow golf industry leader and valued partner,” said NBC Sports Next President Will McIntosh. “We always have an eye directed toward the future and are looking forward to leveraging NBC Sports Next’s cutting-edge technology and distribution, as well as our dedicated sales and support systems to help further grow the Troon portfolio. Our partnership serves as a great example of what two, like-minded organizations can accomplish to help the business of golf.”

NBC Sports Next President Will McIntosh

First launched in 1999, the initial NBC Sports Next-Troon technology agreement has expanded into a multi-service partnership – accelerated by the inception of GolfNow distribution in 2008 – which, in the most recent year, helped Troon-managed golf courses reach a record number of golfers and bookings, and has generated more than $200 million in golf fee revenue since 2021.

“NBC Sports Next technology, distribution and cross collaboration drives tremendous value for our clients and courses, helping to deliver rounds of golf and provide the tools to capitalize and create demand for our facilities,” said Troon President and CEO Tim Schantz. “We’re excited about our renewed partnership and equally as enthusiastic about what’s to come with new innovation we have in the works together.”

Troon President and CEO Tim Schantz

With the new, multi-year agreement, NBC Sports Next will remain a preferred partner of Troon and its managed facilities around the world, which have access to a menu of NBC Sports Next’s innovative technology solutions and services, including:

  • Point-of-sale technology
  • Streamlined payment processing through GolfNow Payments
  • Booking engines and electronic tee sheets
  • World’s largest tee-time distribution portal operated by NBC Sports Next’s GolfNow brand
  • Proprietary revenue management and benchmarking technologies
  • Best-in-class golf reservation concierge service that drives data collection and cross-selling benefits between Troon-affiliated facilities, the latter of which has delivered significant additional revenue to participating Troon locations in the prior three years.
  • Golf vacation marketing and fulfillment for Troon’s golf destination and resort partners via TroonGolfVacations and GolfPass travel

NBC Sports Next-Troon Partnership Milestones

In addition to GolfNow distribution contributing to more than $200 million in golf fee revenue since 2021, NBC Sports Next has:

  • Processed more than $400 million annually for Troon properties through the GolfNow Payments service
  • Sold more than $2.9 million in golf travel packages since 2019 as the official licensee of Troon Golf Vacations
  • Supported Troon-managed golf courses to achieve significant annual savings through both preferred technology pricing and group purchasing

Forging Future Collaboration

The renewed partnership aims to integrate more of NBC Sports Next technology, services and innovation into Troon’s consumer efforts. Troon plans to reimagine its entire suite of digital offerings, its Troon Card program and its Troon Rewards program, one of golf’s premier loyalty programs. In addition, as Troon looks to relaunch the Troon Card, it will pilot options, including NBC Sports Next’s GolfPass membership offerings. Co-founded by global golf superstar and Troon investor Rory McIlroy, GolfPass is a must-have for golf lovers, providing more than 4,500 video instruction and entertainment titles, exclusive resources to learn and make informed decisions about golf purchases, and member-only discounts and perks on golf rounds and gear. There also are plans for the two companies to collaborate on a series of global GolfPass-Troon Rewards sweepstakes, starting in 2025.

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