Hamilton Hall By The (2014) Numbers

The Scottish Herald's Simon Baines has gone through Herb Kohler's annual report for Old Course Ltd and shares all sorts of fun numbers for those who care about the plumbing magnate's investments in the Home Of Golf.

Namely, Baines highlights what Kohler has sunk into Hamilton Hall and the optimism Kohler has for his investments as The Open is headed for St. Andrews in 2015.

Food for wonks...

The Old Course Ltd reduced trading losses last year as the first £1m-plus apartments were sold, and took on an extra 46 staff in response to higher occupancy levels. It also recognised an accelerated £4.6m liability for the wearing out of the tees and greens on the Duke's course. That pushed it to a £5.1m pre-tax loss, and took the cumulative deficit on the profit and loss account to £15.7m.

Mr Kohler, who bought the resort 10 years ago, says the return of the Open Championship to St Andrews next year "will provide a further opportunity to grow revenue and gain more exposure ein the market-place". His corporation also owns the Whistling Straits links, used for US PGA championships, in its home state of Wisconsin.

Earlier this year, Graylyn Loomis posted this history of the Hamilton.