“We’ll recommend another 80 rooms to the next owners.”
Sunday, October 10, 2010 at 07:49 PM
Geoff in Golf Business

Sad to say I didn't catch a minute of the McGladrey Classic Sunday but I did enjoy the shower-inducing Q&A Matty G has posted with point-misser extraordinaire Bill Jones III, the dude who ran Sea Island into bankruptcy in pursuit of five-star status.

When I asked if he felt like President Obama, he said, “I feel more like President Bush--at least the media still supports Obama.”

When I asked him who was responsible for the fall of Sea Island, he said, “I’m the chairman and CEO; I take responsibility. When I took over, I had two options, to sell or to make it better. My goal was always to be the finest resort community in the world. Yes, you can always improve, and I made my share of mistakes, but I’m proud of what we’ve been able to build.”

At one point, before the renovations, the Cloister had dipped to a three-star rating. Both the Cloister and the Lodge have since earned five stars.

When I asked if 140 total rooms at the Cloister and the Lodge were enough to have a profitable resort-business model, Jones said, “We’ll recommend another 80 rooms to the next owners.”

And I'm sure they'll thank you for the advice as they show you the door.

The auction is today!

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