June 1, 2023


Business leisure

Travel Shack Inc. Announces Collaboration with Qualified Golfer Rory McIlroy and its New Indoor Amusement Golfing Knowledge, Puttery

NEW YORK–(Business enterprise WIRE)–Generate Shack Inc. (NYSE: DS), a main operator and operator of golfing-associated leisure and leisure firms, announced these days that it is partnering with global golfing superstar Rory McIlroy on its enjoyment golf brand name. Puttery is the Company’s new indoor, small format amusement practical experience that will feature substantial-tech mini golfing and quality food stuff and beverage offerings.

“I am thrilled to spouse with the Push Shack staff on their new amusement golf expertise,” stated Rory McIlroy. “Once Covid is underneath handle, the means to blend high-tech mini-golf with a higher quality food stuff & beverage menu will make Puttery a terrific encounter for any social gathering. I am individually creating a economic investment decision in the expansion of long run Puttery venues throughout the nation and just cannot hold out to debut our to start with Puttery in Dallas this summer season.”

“Rory is one of the best golfers in the earth. His expertise and viewpoint that he will deliver to Puttery as we increase and grow will be a must have and genuinely assistance even further gas our results,” claimed Chairman Wes Edens.

“We are so enthusiastic to partner with Rory McIlroy as we in close proximity to the start of our very first Puttery venue in Dallas this summer season,” said Hana Khouri, President and CEO of Travel Shack. “Since to start with assembly Rory and speaking about the vision for our new indoor amusement golf working experience, he has remained remarkably engaged and committed to investing in the foreseeable future expansion and achievement of Puttery. There is no other individual that we’d rather collaborate with for this undertaking and we glance forward to constructing a lengthy-standing romantic relationship with Rory and his crew.”

Push Shack expects to open up its first Puttery place in The Colony/Dallas, Texas in the summertime of 2021, followed soon thereafter by a second place in Charlotte, North Carolina. Travel Shack has previously announced it options to open an extra five Puttery places by the conclude of 2021 and 10 more areas by the conclusion of 2022.

The conditions of Generate Shack’s partnership with Rory McIlroy are set forth in a non-binding memorandum of being familiar with and continue being matter to the execution of definitive documentation.

About Rory McIlroy

Rory McIlroy is a expert golfer from Northern Eire who is a member of both equally the European and PGA Excursions. Rory is a four-time Main Champion, two-time FedEx Cup winner and, hence considerably, has invested 106 months as variety a person in the Formal Earth Golf Ranking.

About Push Shack

Drive Shack Inc. is a primary owner and operator of golf-related leisure and entertainment organizations.

Ahead-Seeking Statements

Certain statements concerning Travel Shack Inc. (with each other with its subsidiaries, “Drive Shack”, “we” or “us”) in this push launch could constitute forward-wanting statements within just the that means of the Private Securities Litigation Reform Act of 1995. You can discover these ahead-on the lookout statements by the use of ahead-wanting words this sort of as “outlook,” “believes,” “expects,” “by”, “approaches”, “nearly”, “potential”, “continues”, “may”, “will”, “should”, “could”, “seeks”, “approximately”, “predicts”, “intends”, “plans”, “estimates”, “anticipates”, “target”, “goal”, “projects”, “contemplates” or the adverse version of those words or other comparable words. Any ahead-looking statements contained in this push launch, such as statements regarding the envisioned advancement timetable and timing of specific milestones for our facilities, including The Puttery and Travel Shack venues, and Rory McIlroy’s financial investment in the Puttery and the other phrases of our collaboration with him, are based on our historical efficiency and on our present options, estimates and anticipations in light-weight of details (like marketplace info) currently available to us. The inclusion of this ahead-hunting info need to not be regarded as a illustration by the Business or any other person that the future designs, estimates or anticipations contemplated by us will be realized. These statements are matter to a range of aspects that could trigger precise results to differ materially from those people described in the ahead-wanting statements, lots of of which are beyond our regulate, like, in the case of Rory McIlroy’s expense in the Puttery and the other terms of our collaboration with him, the thriving execution of definitive documentation. We can give no assurance that its expectations pertaining to any forward-looking statements will be attained. Accordingly, you should really not spot undue reliance on any forward-wanting statements produced in this press launch.