"Harder to bear, however, will be the dent to his pride."

Lawrence Donegan fleshes out more details on the delays with Tiger Woods' Al Ruwaya project, which he says will "not open this autumn and has been pushed back to 2010 or even later," amid claims that the real estate element of the project will be delayed indefinitely.

He also offers this conclusion about Woods:

A long-time aficionado of golf course architecture, as well as a fierce guardian of his image, he will not be happy to have his name or his first foray into the field of course design associated with anything less than an unqualified success. Even if the global economy does eventually recover, it will be some time before Dubai restores its reputation as the coming destination for the newly wealthy.