Bussiness
Record visitors give St Andrews Links best ever profits
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More than 283,000 rounds of golf were played on the St Andrews Links Trust courses, which include the Old Course
OCTAVIO PASSOS/GETTY IMAGES
1. A record number of visitors has propelled the St Andrews Links Trust to its best ever financial performance.
There were more than 283,000 rounds of golf played across its courses, including the world famous Old Course, in 2023, up 11 per cent on the previous best in 2019.
The trust’s practice facilities, retail and food and beverage services also had bumper years.
That lifted total revenue at the charitable trust by 29 per cent to £43.8 million while its net income increased by more than 200 per cent year-on-year to £11.5 million.
Neil Coulson, the chief executive, said: “The demand, not just on our golf courses but