How A Texas Oil Billionaire Hit A Gusher In Hotels [Forbes]
WHARF HLDG LTD UNSP ADR (WARFY)
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Source: Forbes
Robert Rowling set out to diversify the family fortune into hospitality, but he never dreamt of owning 26 golf courses. T he only beneficiary of Covid was golf,” shrugs Robert Rowling. Which is fortunate considering the $500 million that he invested into the game during the pandemic. “It's one of those rare instances where reality transcends the vision,” he says of the Omni PGA Frisco , which he built between 2021 and 2023 on 660 acres on the former Fields Ranch in Frisco, Texas, 30 minutes north of Dallas by toll road. The designers of the two championship courses, Beau Welling and Gil Hanse, left behind hints of the old ranch. Fence posts, gates and barbed wire sprinkle the 36-holes. Cart paths are crushed granite. Trickling through the courses, Panther Creek provides the topography for challenging play. The property includes a 500-room resort and spa, 10 guesthouses (Dolly Parton has already stayed in one), and a members-only clubhouse, all done in “Texas Modern” style. Since
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