bm2
I'm still standin'
Courtesy of todays Brisbane Courier Mail, page 25 in the Business section:
"Ten pin bowling's uncool image is set for a major makeover to attract new players to the popular pastime of the 60's.
Macquarie Leisure Trust, owner of the AMF centres, plans to 'awaken the sleeping giant' that is tenpin bowling.
The Macquarie bank-backed trust yesterday boosted the value of its assets which also include the Dreamworld theme park on the Gold Coast and a string of marinas from Rushcutters Bay in Sydney to Cabarita in northern NSW.
It plans an aggressive roll-out of new and refurbished bowling centres in all capital cities, some with bars and restaurants.
After a year of ownership, MLT's bowling business has delivered an impressive result, with the AMF freehold portfolio increasing in value to $42.7million from $34.2 million in the December 31, 2005 half.
After costs, the updated vauluations represent an increase of $7.2million over AMF's book value.
The trust bought all 43 AMF centres - including the lanes at Mt Gravatt and Greenslopes - for $67 million, and later offloaded three non-core sites for $14 million.
The group's bowling strategy aims to target both the traditional markets of league enthusiasts, childrens birthday parties and family events as well as tapping into the corporate market.
The upgraded facilities such as the Sliders Bowling Bar and Grills plus state of the art sound and lighting will hopefully attract new customers."
the rest of the article goes on to talk about Dreamworld.
"Ten pin bowling's uncool image is set for a major makeover to attract new players to the popular pastime of the 60's.
Macquarie Leisure Trust, owner of the AMF centres, plans to 'awaken the sleeping giant' that is tenpin bowling.
The Macquarie bank-backed trust yesterday boosted the value of its assets which also include the Dreamworld theme park on the Gold Coast and a string of marinas from Rushcutters Bay in Sydney to Cabarita in northern NSW.
It plans an aggressive roll-out of new and refurbished bowling centres in all capital cities, some with bars and restaurants.
After a year of ownership, MLT's bowling business has delivered an impressive result, with the AMF freehold portfolio increasing in value to $42.7million from $34.2 million in the December 31, 2005 half.
After costs, the updated vauluations represent an increase of $7.2million over AMF's book value.
The trust bought all 43 AMF centres - including the lanes at Mt Gravatt and Greenslopes - for $67 million, and later offloaded three non-core sites for $14 million.
The group's bowling strategy aims to target both the traditional markets of league enthusiasts, childrens birthday parties and family events as well as tapping into the corporate market.
The upgraded facilities such as the Sliders Bowling Bar and Grills plus state of the art sound and lighting will hopefully attract new customers."
the rest of the article goes on to talk about Dreamworld.