ClubCorp Holdings, Inc.
MYCC
New York Stock Exchange17.10
USD
-0.05
- -
CIK
0001577095
ISIN
US18948M1080
Return %
Stock
S&P500
1Y
- -
18.99
3Y
- -
64.75
5Y
- -
71.84
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- David Pillsbury
- Sector
- Consumer Cyclical
- Industry
- Leisure
- Address
- 3030 LBJ Freeway, Suite 600 Dallas United States of America 75234
- IPO Date
- Sep 20, 2013
- CIK
- 0001577095
- Website
- invitedclubs.com
- Similar Companies
- Business
- ClubCorp Holdings, Inc., operating under the brand name Invited Inc., is a leading membership-based leisure company and owner-operator of private golf and country clubs, business clubs, sports clubs, and alumni clubs across North America. Founded in 1957 and headquartered in Dallas, Texas, the company manages a portfolio of over 150 clubs, serving more than 140,000 memberships and approximately 360,000 individual members. Its core products and services include private golf and country club ownership and operation; provision of golf facilities; tennis courts and facilities across more than 60 clubs; meeting and event spaces; resort-style pools and fitness centers; handcrafted cuisine and dining venues; workspaces; and a variety of leisure, recreational, and networking amenities designed for families and active lifestyles. The company's operations are organized into two principal business segments: golf and country clubs, and business, sports, and alumni clubs. Recent major changes include a strategic rebranding from ClubCorp to Invited Inc. completed in 2022 to reflect an expanded lifestyle hospitality focus beyond golf. In 2024, Invited pursued a premiumization strategy, emphasizing core asset growth while divesting noncore assets such as the sale of Aliso Viejo Country Club and Coto de Caza Golf and Racquet Club, yielding proceeds of $126 million. The company used these funds to reduce debt, specifically prepaying its $1 billion first-lien term loan, lowering interest expenses and refinancing risk. As a result, Invited has notably improved its financial leverage and cash flow profile, reflecting strong member retention and EBITDA growth. Its strategy includes ongoing focus on core golf and country clubs while managing exposure in more competitive business and sports club segments. Invited continues to generate sustained positive free cash flow and maintain liquidity to support further deleveraging and refinancing efforts through 2025. ClubCorp operates in the leisure and hospitality industry, targeting affluent individuals and families seeking exclusive club experiences with diverse recreational and social amenities. Its geographic footprint spans the United States and parts of Canada, with clubs located in major metropolitan and resort markets. The company remains the largest owner-operator of private golf and country clubs in North America, focused on delivering high-quality member experiences and network engagement opportunities across its extensive portfolio of clubs and amenities. The company emphasizes a membership model with significant recurring revenue and a longstanding history dating back to its founding in 1957. This comprehensive profile captures ClubCorp’s expansive product offerings, recent financial and operational restructuring, and ongoing strategic direction to enhance premium member experiences and streamline its asset base.