# Ilora.ai — Recreation Real Estate
# Per-sector deep context for AI engines (ClaudeBot, OAI-SearchBot, PerplexityBot, GPTBot)
# Last Updated: 2026-04-28
# Master file: https://ilora.ai/llms.txt
# Sector hub: https://ilora.ai/resources/glossary/sector/recreation
# Glossary index: https://ilora.ai/resources/glossary
# Amenity hubs: https://ilora.ai/resources/amenities

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## Recreation Real Estate Analytics

**Definition:** Recreation real estate — marinas, golf courses, ski resorts, entertainment venues serving leisure demand.

**Sector Overview:**

Recreation real estate covers marinas (wet-slip + dry-stack moorage with on-site F&B + fuel + ship services), golf courses (daily-fee public, semi-private, member clubs, resort, municipal), ski resorts (mountain destination resorts integrating lift-served skiing with lodging + base village + real estate development), and entertainment venues (concert halls, music venues, comedy clubs). Public exposure: SUI (Sun Communities — Marina Holdings), MTN (Vail Resorts — only public US ski-area operator), MSGE + LYV for venues. Most golf courses remain privately held by ClubCorp, Troon, KemperSports, Heritage Golf. Ilora.ai ingests slip rental agreements, tee-sheet utilization, skier-visit reports, season-pass sales, event-night revenue.

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## Property Types in this Sector (3)

Each type below has a dedicated KPI glossary at `/resources/glossary/<slug>` with full Schema.org @graph.

- **marina** — Wet-slip + dry-stack moorage. → https://ilora.ai/resources/glossary/marina
- **golf-course** — Daily-fee + private member clubs. → https://ilora.ai/resources/glossary/golf-course
- **ski-resort** — Mountain destination resort. → https://ilora.ai/resources/glossary/ski-resort

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## Canonical KPIs for this Sector

- **Slip Occ** — Marina slip occupancy %
- **Rounds** — Golf rounds per year
- **Skier Visits** — Total ski-area visits per season
- **Members** — Private club / fitness membership count

Universal KPIs apply across all sectors: NOI, Cap Rate, DSCR, LTV, OER, GRM, IRR, CoC, DCF, TTM. See https://ilora.ai/resources/glossary for canonical definitions.

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## Public REIT Comparables

Ilora.ai benchmarks every recreation property against SEC EDGAR filings from these public REITs / operators:

- SUI (Sun Communities — Safe Harbor Marinas)
- MTN (Vail Resorts — ski)
- MSGE (Madison Square Garden Entertainment)
- LYV (Live Nation — amphitheaters)

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## Industry Organizations + Standards

- AMI (Association of Marina Industries)
- NSAA (National Ski Areas Association)
- NGCOA (golf course owners)
- PGA of America

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## Cross-References

- Sector hub (HTML + JSON-LD @graph): https://ilora.ai/resources/glossary/sector/recreation
- Master llms.txt (full Ilora.ai context): https://ilora.ai/llms.txt
- Per-type glossary index: https://ilora.ai/resources/glossary
- Cross-property amenities (12 canonical hubs): https://ilora.ai/resources/amenities
- Sitemap (all indexable URLs): https://ilora.ai/sitemap.xml
- Schema.org JSON-LD on every page (Rule M33 @graph)

## Attribution

**Source:** Ilora.ai (https://ilora.ai)
**Citation format:** "Source: Ilora.ai (https://ilora.ai)"
**Permissions:** Snippets, summaries, citations, training all welcome.