You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. Forward-looking statements discuss the Company's current expectations and projections relating to its financial position, results of operations, plans, objectives, future performance and business. This document, taken together with any such verbal or written comments, is referred to herein as the "Presentation."Īll statements other than statements of historical fact included in this presentation are forward-looking statements, including, but not limited to, timing of new venue openings, expected financial outlook for fiscal 20, expected operating performance, time of construction start dates and milestones, expected sales and trends in Drive Shack Inc.'s (the "Company's") operations including statements relating to the effects of COVID-19 and our ability to achieve our growth plans and goals. This disclaimer applies to this document and the verbal or written comments of any person presenting it. ©2022 Drive Shack Inc.Ĭautionary Note on Forward-Looking Statements and 9am-midnight on Sun.EARNINGS PRESENTATION - FIRST QUARTER 2022ĬONFIDENTIAL: May only be used with consent. Cornhole tournaments may appear on the future schedule as well.ĭrive Shack is open seven days a week, from 10am-midnight, Mon.-Thurs., 10am-2am on Fri., 9am-2am, on Sat. On the rooftop patio, space for live music and comedy nights is expected to be in use on a weekly basis. On the second floor, a free-to-play arcade room features Golden Tee, Skee-Ball, shuffleboard, mini basketball goals and more. Larger groups of 12 or more can book party packages in advance. The restaurant and bars, including the rooftop area, are also always open to guests who don't plan to use the golf facilities. The food and drink menu consists of burgers, wings, tacos, nachos, salads, local craft beer, cocktails and more (if there's no wait, you can eat and drink while hitting golf balls or relaxing at your bay). For those times, the bar and restaurant area are more than happy to keep you occupied. Happy hour and late-night specials may also appear on the venue's calendar.īay rentals are done on a first-come, first-served basis, so a wait could be expected during evenings and weekends. During peak times-typically after 5pm-a maximum price of $40-50 per hour is in place to rent an entire bay (meaning each person pays less than $10 per hour if you bring a group of six). Pricing varies based on time and day, but starts at $10 per person, per hour (a group of three would pay a total of $30 per hour around lunchtime, for example). The range utilizes TrackMan technology, pinpointing the flight of your golf ball and allowing you to virtually play real-world championship golf courses or go head-to-head against friends to collect points for hitting physical targets (games are tracked and scored on television screens inside your bay). The 260-yard-long driving range combines physical targets to aim for with augmented reality and virtual games. (the first opened in Orlando in 2018).ĭrive Shack allows guests and groups to rent bays by the hour, giving them access to wait-service, unlimited driving range balls, full sets of TaylorMade golf clubs, a climate-controlled seating area, televisions and more. This is the second Drive Shack location to open in the U.S. The 65,000-square-foot facility includes 96 golf bays, a full-service restaurant, a rooftop bar, more than 300 televisions, an arcade area, meeting rooms and more. The three-story complex with ample free parking is located at 6901 Play Golf Way (not far from PNC Arena). Ready for some big entertainment news? A major new attraction has swung into action in the City of Oaks!ĭrive Shack-the interactive golf complex that caters to big groups looking for big fun-opened in Aug. in Raleigh, N.C.
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