Bill,
I concur with your view that Streamsong will need a mix of golfers to be financially successful. That is the challenge they have. The only two REALLY profitable, quality golf destination facilities ( with NO real estate money in the mix) created in the last 15- 20 years have been where? Well stateside Bandon is the runaway winner, and overseas it has been Kingsbarns, without a doubt.
Both have a CADDIE dynamic at their core...imagine that!? Yeh, you know, the entity that the golf industry would have you believe is: a dying vestige of another age, not worth much of anything, hard to maintain, has liability issues, is expensive to run and merely a novelty. HOGWASH.
It has been the single greatest driver of each's success, working DIRECTLY in tandem with suberb course presentation(s) to deliver exceptional, memorable golf experiences.
Sure, you can play the courses at Bandon, and Kingsbarns, without caddies. But there is NO WAY those locations have the pedigree and success they have enjoyed without them. Why? The answer is quite simple. Caddies, particularly ones of quality, and age alone is no determinant on that score, give experiencing great ground its human soul. They bring the holes to life in a unique way, and sharing the tacking around a track with a good caddie, savoring the good and the comical, is one of the game's great pleasures. That is, if one is capable of embracing and entertaining the experience.
Streamsong has quality ground and the golf vibe there will be crucial to their potential success.The heat will necessitate cart golf during much of the year. That requires forecaddie golf, which is much different, and in many ways is more difficult to deliver well, than just having caddies that carry for players. It also changes the vibe, unless those charged with creating the caddie program really understand the nuances. No caddie outsource model or a white-suit operation will suffice. It requires a whole different level of craft.
What Kingsbarns and Bandon have gotten right, most of the time, is an almost elite, private feel to the golf presentation with a slightly relaxed approach. The presence of caddies has been a significant factor in creating that ambiance. Without them, a rather sterile, dare I say corporate aura about the place becomes the norm...NO MATTER how great the ground...something is found wanting. It is THAT difference that separates the truly great destinations from the rest!
Cheers,
Kris