TPC Sawgrass Marriott files for bankruptcy

TPC Sawgrass Marriott files for bankruptcy

Published Mar. 2, 2010 1:45 p.m. ET

The Sawgrass Marriott Golf Resort & Spa, where nearly 300 media gathered last month to report on Tiger Woods' first public appearance since confessing to affairs, has filed for bankruptcy protection.

The Marriott is located down the street from PGA Tour headquarters, and the majority of guests are there to play the TPC Sawgrass.

Jeff Mayers, the hotel's general manager, said the economic climate and failure to reach a restructuring agreement with lenders led to the bankruptcy protection. He expects no change in daily operations.

David Pillsbury, the president of PGA Tour Golf Course properties, says it should have no bearing on the golf course, which is home to The Players Championship. He says the TPC Sawgrass is independently owned and managed by the PGA Tour.

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