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CARNEGIE GROUP WIN CYPRUS GOLF DEAL

Carnegie Group

4 December 2000
Carnegie Group
Carnegie Group, the sports, entertainment and leisure management business, has been awarded the contract to manage one of Europe’s most prestigious new golf developments.

The £150 million Aphrodite Hills resort is the first integrated golf, tourist, leisure and real estate development of its type in Cyprus. Construction of the development is currently underway with completion of the world-class 18-hole golf course expected by October 2001. The resort also comprises 850 villas, apartments and maisonettes, a 290 bedroom five-star Inter-Continental hotel, a tennis academy, a village of shops, restaurants and bars, and self-catering hotel apartments for up to 600 visitors.

In a six-figure deal, Carnegie Group will operate the golf course, clubhouse and golf academy, with three-hole academy course, for an initial three-year period.

Tom Younger of Carnegie Group, said: “Carnegie’s experience running golfing properties and events throughout the world was undoubtedly a significant factor in winning the Aphrodite Hills golf management contract. Our global sports management capability - covering some of the world’s leading sporting organisations in rugby and football - was also a key factor in the decision.”

“Aphrodite Hills is an excellent golf experience with the course occupying two plateuax overlooking the Mediterranean. We fully expect the resort to attract visitors from all over the world with the design plans placing an emphasis on conservation of the natural environment at
Aphrodite Hills ensuring protection of surrounding forestland.”

Aphrodite Hills, a development by Lanitis Development Ltd of Limassol, occupies a 234 hectare (578 acre) site overlooking the legendary birthplace of Aphrodite in South West Cyprus, 17km (10 miles) from Pafos.

Carnegie Group, headquartered in Edinburgh, operates in sectors including sports management, signage, contact centre, information systems and hospitality. The company has offices in Scotland, England, Australia and New Zealand and is part of Murray International Holdings.
 
More Information: Mr Tom Younger, Tel: 0131-624 0700


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