leisure investments founded 2006 headquarters dubai united arab emirates area served global products investment parent dubai world website www.leisurecorp.com leisurecorp formerly istithmar leisure is a subsidiary of dubai world established in 2006 that invests in sports and leisure facilities with golf being a particular focus . 1 among the sites owned by leisurecorp are pga european tour venues pearl valley golf estates in south africa 2 3 and jumeirah golf estates in dubai . it bought the turnberry resort in scotland in october 2008 which hosted the 2009 open championship 1 4 and sold it to donald trump in april 2014 . leisurecorp also has major shareholdings in island global yachting troon golf gps industries and snowmass colorado . in november 2007 leisurecorp agreed a major partnership deal with the pga european tour . 5 the highlight of the deal saw the creation of the season ending dubai world championship held annually on the earth course at jumeirah golf estates . 6 the us 10 million prize fund makes it the world s richest golf tournament . in addition the european tour order of merit was rebranded as the race to dubai with an additional us 10 million bonus fund and the top 60 players qualifying for the season finale . the pga european tour s international headquarters were also moved to jumeirah golf estates in 2009 7 and from the 2010 season the european tour schedule will open and close at leisurecorp venues starting with the south african open at pearl valley and finishing with the dubai world championship . there are also plans for the european open a regular tour event to be moved and make turnberry its permanent home 8 although there are reports that this could affect the venues place on the open championship rota . 9 having developed this close relationship with the pga european tour leisurecorp hopes that in the future it may be able to stage the ryder cup in dubai . 10 references edit a b walsh dominic may 22 2008 . turnberry set for makeover after 55m sale . london the times . retrieved 2009 02 17 . leisurecorp buys golf estate in south africa . gulf news . june 1 2007 . retrieved 2009 02 17 . dubai s leisurecorp announces purchase of pearl valley signature golf estate and spa in south africa . ame info . june 3 2007 . retrieved 2009 02 15 . leisurecorp finalises turnberry deal . ame info . november 1 2008 . retrieved 2009 02 15 . the european tour lands in dubai . pga european tour . nov 19 2007 . retrieved 2009 02 17 . leisurecorp unveils most challenging mile in golf at showpiece course earth . khaleej times . jan 28 2009 . retrieved 2009 02 17 . the european tour international headquarters . pga european tour . nov 19 2007 . archived from the original on october 6 2009 . retrieved 2009 02 17 . european open on course for turnberry . the scotsman . october 7 2008 . retrieved 2009 02 17 . open threat to turnberry owners . the scotsman . november 4 2008 . retrieved 2009 02 17 . reason mark jan 29 2009 . ryder cup could be hosted in the middle east . london the daily telegraph . retrieved 2009 02 17 . external links edit leisurecorp official site v t e dubai world subsidiaries dubai drydocks dubai maritime city dubai ports world dubai ports world controversy economic zones world island global yachting istithmar world leisurecorp nakheel properties p & o ferries tamweel related dp world tour championship dubai this golf related article is a stub . you can help wikipedia by expanding it . v t e this uae related article is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title leisurecorp & oldid 723184565 categories companies established in 2006companies based in dubaiinvestment companies of the united arab emiratesgovernment owned companies of the united arab emiratesgolf stubsunited arab emirates stubshidden categories pages using infobox company with unsupported parametersall stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 1 june 2016 at 14 55 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view