Mark: Is that the same course that Faldo is doing in Iceland? Which of them is doing it?
I believe there will come a saturation point of "destination" clubs. Hopefully we haven't reached it yet, but there are only so many people who will pay $5000 a year in dues for a course they only visit once or twice a year. However, I believe that the world of "destination" resorts still has a lot of growing room, especially in places around the world where people are keen to travel. They just have to be affordable for the local golfers to be successful. [Barnbougle is, Kidnappers isn't.] If a great course in Iceland or Croatia or Argentina is affordable, it will be successful.
PS I'm about to find out if there is more pressure working in Scotland, since our Archerfield project has been approved. Personally, I don't feel any pressure, but I know that Americans' expectations will be higher for us there.