Lightspeed Commerce Inc. (NYSE | TSX: LSPD) is proud to partner
with 19 renowned public golf facilities which have been named to
SCOREGolf’s 2023 list of the Top 59 Canadian Public Courses.
Powering the world’s best businesses, Lightspeed is the unified POS
and payments platform for ambitious entrepreneurs who wish to
accelerate growth, provide the best customer experiences and become
a go-to destination in their space.
Lightspeed courses feature prominently on the list, with 19 of
the 59 leveraging the technology platform and 6 inside the top 20.
Lightspeed’s customer success is particularly evident in Ontario,
with Lightspeed software used at 8 of the 17 Ontario-based golf
facilities on this year’s list.
Notable Lightspeed customers named to the list include: Tobiano,
the Thomas McBroom masterpiece in Kamloops, BC that was recently
listed in Golf Digest's World's 100 Greatest Golf Courses; The
Algonquin, a stunning layout set along the shores of New
Brunswick’s Passamaquoddy Bay that was reworked in the 1920s by
legendary architect Donald Ross and recently revitalized by noted
Canadian designer Rod Whitman; and all three courses at TPC Toronto
at Osprey Valley (Hoot, North and Heathlands), Canada’s only TPC
Network facility, which offers an unparalleled variety of golf amid
the rolling hills of Caledon, Ontario.
“To see TPC Toronto at Osprey Valley recognized as one of the
top places to play golf in Canada and have all three courses ranked
inside the Top 25 is a thrill for our entire team,” says Brian
Decker, Director of Marketing and Communications, TPC Toronto.
“It’s our mission to deliver memorable golf experiences with
exceptional service and a modern approach, and we look forward to
working with partners like Lightspeed to continue this mission into
our exciting future ahead.”
“I’m thrilled about the number of Lightspeed customers named to
SCOREGolf’s Top 59 Canadian Public Courses this year,” said
David Hope, GM, Lightspeed Golf. “Supporting
public, accessible golf is very important to us. This list shows
that many of the best public facilities in Canada are using
Lightspeed every day to help simplify their operations and deliver
incredible customer experiences. I couldn’t be happier for our
customers who have made this list and I look forward to seeing more
and more on the list in the future.”
Golf’s surge in popularity seen during the pandemic is still
holding strong. In June, US rounds played up year-over-year for the
third straight month. Demand remains high and continues to trend
above pre-pandemic levels. Pair this with the fact that
participation is up among women, juniors and people of color, and
it’s clear that access to public golf in North America is more
important than ever. Public facilities that deliver rich,
fulfilling golf experiences are well-positioned to succeed.
Lightspeed’s platform is the perfect choice for facilities
looking to reach more golfers, drive revenue and deliver a great
customer experience. Although many courses expected a contraction
in the industry in 2022, Lightspeed customers future-proofed their
businesses and experienced a sustained interest in the game with
rounds played, GTV and transaction sizes up year-over-year between
2021 and 2022:
- Rounds played increased +9.5% YoY in North
America (11.4% in the US, 7.5% in
CA)
- Food and beverage sales rose +30% YOY and were
a dominant contributor to this increase
- Average transaction size grew +4% YOY from $53
to $55
Top 59 Canadian Public Courses
The full list of Lightspeed customers named to this year’s list
of top public golf facilities includes:
6 |
Sagebrush Golf Club |
Merritt, BC |
7 |
Muskoka Bay |
Gravenhurst, ON |
11 |
Tobiano |
Kamloops, BC |
16 |
TPC Toronto at Osprey Valley - Hoot |
Caledon, ON |
18 |
TPC Toronto at Osprey Valley - Heathlands |
Caledon, ON |
20 |
The Algonquin |
St. Andrews-by-the-Sea, NB |
21 |
TPC Toronto at Osprey Valley - North |
Caledon, ON |
22 |
Waskesiu |
Waskesiu Lake, SK |
24 |
Black Bear Ridge |
Belleville, ON |
27 |
Talking Rock |
Chase, BC |
30 |
Bear Mountain - Valley Course |
Victoria, BC |
33 |
Taboo |
Gravenhurst, ON |
36 |
Tower Ranch |
Kelowna, BC |
37 |
The Nest at Friday Harbour |
Innisfil, ON |
40 |
Deerhurst Highlands |
Huntsville, ON |
42 |
Northumberland Links |
Pugwash, NS |
46 |
Fairmont Le Manoir Richelieu |
La Malbaie, QC |
52 |
The Links at Brunello |
Halifax, NS |
55 |
Bear Mountain - Mountain Course |
Victoria, BC |
To dive into Lightspeed Golf’s transformative features and
witness its powerful capabilities, visit
https://www.lightspeedhq.com/golf/.
About Lightspeed
Powering the businesses that are the backbone of the global
economy, Lightspeed's one-stop commerce platform helps merchants
innovate to simplify, scale and provide exceptional customer
experiences. Our cloud commerce solution transforms and unifies
online and physical operations, multichannel sales, expansion to
new locations, global payments, financial solutions and connection
to supplier networks.
Founded in Montréal, Canada in 2005, Lightspeed is dual-listed
on the New York Stock Exchange (NYSE: LSPD) and Toronto Stock
Exchange (TSX: LSPD). With teams across North America, Europe and
Asia Pacific, the company serves retail, hospitality and golf
businesses in over 100 countries.
For more information, see www.lightspeedhq.com.
Follow us on social media: LinkedIn, Facebook, Instagram,
YouTube, and Twitter.
Forward-Looking Statements
This news release may include forward-looking information and
forward-looking statements within the meaning of applicable
securities laws ("forward-looking statements"). Forward-looking
statements are statements that are predictive in nature, depend
upon or refer to future events or conditions and are identified by
words such as "will", "expects", "anticipates", "intends", "plans",
"believes", "estimates" or similar expressions concerning matters
that are not historical facts. Such statements are based on current
expectations of Lightspeed's management and inherently involve
numerous risks and uncertainties, known and unknown, including
economic factors. A number of risks, uncertainties and other
factors may cause actual results to differ materially from the
forward-looking statements contained in this news release,
including, among other factors, those risk factors identified in
our most recent Management's Discussion and Analysis of Financial
Condition and Results of Operations, under "Risk Factors" in our
most recent Annual Information Form, and in our other filings with
the Canadian securities regulatory authorities and the U.S.
Securities and Exchange Commission, all of which are available
under our profiles on SEDAR at www.sedar.com and on EDGAR at
www.sec.gov. Readers are cautioned to consider these and other
factors carefully when making decisions with respect to
Lightspeed's subordinate voting shares and not to place undue
reliance on forward-looking statements. Forward-looking statements
contained in this news release are not guarantees of future
performance and, while forward-looking statements are based on
certain assumptions that Lightspeed considers reasonable, actual
events and results could differ materially from those expressed or
implied by forward-looking statements made by Lightspeed. Except as
may be expressly required by applicable law, Lightspeed does not
undertake any obligation to update publicly or revise any such
forward-looking statements, whether as a result of new information,
future events or otherwise.
Media Contacts
Canada:Victoria Baker, NKPR - victoriab@nkpr.net
USA:Jennifer Fugel, Newsmaker Group -
jfugel@newsmakergroup.com
Lightspeed Media Relations - media@lightspeedhq.com
Investor Relations: Gus Papageorgiou, Lightspeed Investor
Relations - investorrelations@lightspeedhq.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/c9705536-b647-4f1d-b5f4-8f849fa90a59
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