ClubLink Enterprises Limited has a strategic objective to maximize shareholder value over a five to ten year horizon, though the Company may monetize an investment when business conditions present a suitable opportunity.
ClubLink is engaged in golf club and resort operations under the trademark “ClubLink One Membership More Golf”. ClubLink is Canada’s largest owner and operator of golf clubs with 55 ½, 18-hole equivalent championship courses and six 18-hole equivalent academy courses at 45 locations in Ontario, Quebec and Florida.
ClubLink is also engaged in rail, tourism and port operations based in Skagway, Alaska, which operates under the trade name “White Pass & Yukon Route.” The railway stretches approximately 177 kilometres (110 miles) from Skagway, Alaska, through British Columbia to Whitehorse, Yukon. In addition, ClubLink operates three docks primarily for cruise ships.
KING CITY, ONTARIO, Mar 06, 2014 - Consolidated operating revenue decreased 1.0% to 197,425,000 in 2013 from 199,404,000 in 2012 primarily due to a decline in operating revenue from Canadian golf club operations from 813 less golf members. The divestiture of Lake Chesdin Golf Club in the first quarter of 2013 also contributed to this reduction. This decrease was offset by additional operating revenue generated by the rail, tourism and port operations segment from 65,000 additional port passengers and the related rail revenue from these passengers. PDF