Topgolf Enters New England With Opening Of Rhode Island Venue
Portfolio Pulse from Benzinga Newsdesk
Topgolf, a modern golf entertainment company, is set to open its first venue in Rhode Island and New England on October 6. The venue, which is Topgolf's 91st globally and 81st in the U.S., will employ around 500 people. The venue features 102 outdoor climate-controlled hitting bays, Toptracer technology, a full-service restaurant, and private event rooms. The opening is seen as a significant economic boost for the region, promising jobs and economic growth.
October 02, 2023 | 12:50 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Topgolf, a subsidiary of MODG, is expanding its footprint with a new venue in Rhode Island. This expansion could potentially boost MODG's revenues and profitability.
The opening of a new Topgolf venue, a subsidiary of MODG, in a new market (Rhode Island and New England) represents a potential increase in revenues for MODG. The venue is expected to attract a significant number of customers and create jobs, which could lead to increased profitability for MODG.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100