DS NYSE

Drive Shack Inc. (DS) is a hospitality entity specializing in golf-centric leisure and entertainment experiences. The company's operations are strategically divided into three distinct segments: Entertainment Golf Venues, Traditional Golf Properties, and Corporate. The Entertainment Golf Venues division manages innovative golf entertainment facilities that merge advanced gaming technology with a sophisticated social atmosphere, offering gourmet food, artisanal cocktails, and diverse social events. It also includes Puttery, an indoor mini-golf and social entertainment concept. As of December 31, 2021, this segment oversaw six owned or leased locations situated across four U.S. states, with specific sites in Orlando and West Palm Beach, Florida; Raleigh and Charlotte, North Carolina; Richmond, Virginia; and The Colony, Texas. Conversely, the Traditional Golf Properties segment focuses on conventional golf course and country club operations across the United States. By the close of 2021, this segment had a portfolio of 55 properties, which it either owned, leased, or managed, spanning nine different states. The Corporate segment encompasses its financial investments, including securities, and general executive management functions. Initially established in 2002, the entity underwent a name change in December 2016, transitioning from its former identity as Newcastle Investment Corp. to Drive Shack Inc. Its corporate headquarters are located in Dallas, Texas.