Legend Golf & Safari Resort Operations (PTY) Ltd joined Legend Hospitality Group’s portfolio over a decade ago. At the time the development was registered under an operational company as well as a property development company. As is often the case, in a development of this size, certain changes in the business model are inevitable after a period of time. Legend Golf & Safari Resort Operations has been operating on a “rental pool” basis, like many other golf resorts and restructuring of the current rental pool model was needed.
As a result, the current operational entity, Legend Golf & Safari Resort Operations (PTY) Ltd, has been liquidated. The liquidation is however only applicable to the operational aspect of the entity and will not affect the property assets at all.
Legend Golf & Safari Resort intends to continue operating as a golf & safari destination of choice, offering legendary experiences to its guests, under a new “Operational Entity” which will be completed soonest. During this time period, the property has been closed for annual maintenance and will re-open 01 August. It is anticipated that the new rental pool structure should be finalized by July 2019.
Therese Cilliers, Managing Director of the Legend Hospitality Group (Hotel Management Company of Legend Golf & Safari Resort) stated: “This process will in no way affect the Group or any other property within the Legend Hospitality Group portfolio, and we will continue to deliver legendary experiences to our guests, as we have done over the past 20 years.”