THE BOULDERS RESORT (NORTH AND SOUTH COURSES)

North Course Architect: Red Lawrence (1969), Jack Snyder (1974),
                        Jay Morrish (1985, with renovation work in 1999)
Year Opened: January, 1985
Location: Carefree, Arizona
Slope: 137. Rating: 72.6
Par: 72
Yardage: 6,959
Hole-by-Hole: 1 - Par 5 513 Yds    10 - Par 4 451 Yds
                      2 - Par 3 195 Yds    11 - Par 4 445 Yds
                      3 - Par 5 548 Yds    12 - Par 5 525 Yds
                      4 - Par 4 404 Yds    13 - Par 4 457 Yds
                      5 - Par 4 425 Yds    14 - Par 3 183 Yds
                      6 - Par 3 142 Yds    15 - Par 5 483 Yds
                      7 - Par 4 347 Yds    16 - Par 4 424 Yds
                      8 - Par 4 356 Yds    17 - Par 3 220 Yds
                      9 - Par 4 417 Yds    18 - Par 4 424 Yds
                      Par 36  3,347 Yds     Par 36  3,612 Yds

Awards Won: Rated four stars by Golf Digest's "Places to Play" (2000-06),
            Named by Golf Magazine as a Gold Medal Resort (1998-2010),
            Named by AAA as a Five Diamond Resort (1990-2004),
            Named by Golf for Women as 50 Best Courses for Women (2002-03),
            Ranked 13th by Golf Magazine in best State-by-State Access (2004),
            Number 2 U.S. Golf Resort by Travel + Leisure Golf (2005).
            Rated No. 10 by Golfweek - Top-20 courses in Arizona (2011).

South Course Architect: Jay Morrish (1983)
Year Opened: January, 1983
Location: Carefree, Arizona
Slope: 140. Rating: 71.9
Par: 71
Yardage: 6,726
Hole-by-Hole: 1 - Par 4 421 Yds    10 - Par 3 221 Yds
                      2 - Par 3 150 Yds    11 - Par 5 601 Yds
                      3 - Par 4 413 Yds    12 - Par 4 321 Yds
                      4 - Par 4 409 Yds    13 - Par 4 429 Yds
                      5 - Par 5 545 Yds    14 - Par 5 532 Yds
                      6 - Par 4 355 Yds    15 - Par 3 151 Yds
                      7 - Par 3 187 Yds    16 - Par 3 198 Yds
                      8 - Par 4 455 Yds    17 - Par 4 420 Yds
                      9 - Par 4 404 Yds    18 - Par 5 514 Yds
                      Par 35  3,339 Yds     Par 36  3,387 Yds

Awards Won: Rated four stars by Golf Digest's "Places to Play" (2000-06),
            Top 80 Golf Resorts - Conde Nast Traveler (2010),
            Rated No. 18 by Golfweek - Top-20 courses in Arizona (2011)
            Gold Medal Resort - Golf Magazine (2010-11),
            Platinum Medal Resort - Golf Magazine (2011-13),
            No. 1 Resort in the United States - Harper's Hideaway Report,
            No. 6 - Top 10 golf courses in Arizona - Gold Channel (2011)
            No. 47 - Best Golf Resorts in U.S. - by Golf Digest (2011).

Website: theboulders.com

HISTORY: Designed back in the mid-1980s by Jay Morrish, the golf courses at
The Boulders, a Waldorf Astoria Resort, have developed into a world-class
experience, for both the serious golfer and for the laid-back social afternoon
outing with friends and family.

Morrish crafted the North and South Courses with designs built right into the
desert foothills, featuring time worn saguaros that stand guard around each
and every hole. The natural beauty of the land is complemented by nothing less
than amazing rock formations, which accentuates the difficulty and the
spectacular experience of the courses.

For almost 60 years, Morrish has been in the golf design business. First with
the legendary Robert Trent Jones and then for 10 years with the Jack Nicklaus
design team, before embarking on his own and then with Tom Weiskopf to craft
over 20 courses.

Some of his most spectacular work with Weiskopf included Troon Golf & Country
Club, Scottsdale TPC and Forest Highlands in Arizona.

It was his work however at The Boulders, Morrish's first solo designs that
brought him into the forefront of golf course architecture. "Designing the
Boulders really helped launch my career," said Morrish. In fact, The Boulders
is one of only two Gold Medal resorts in the Scottsdale region, as rated by
Golf Magazine.

Back in the late 1960s, Red Lawrence designed the original nine holes, with an
additional nine added a few years later by Jack Snyder, but it was Morrish who
put The Boulders on the map.

"The Boulders afforded me a chance to create a sort of desert Pine Valley with
a lot of forced carries for the good players," Morrish continued. "This wasn't
very common at the time we built the course. Of course, now everyone does it.
I had great support from the owners who loved the concept."

Morrish gave the South Course a complete overhaul in 1983 and remodeled and
renovated the North just two years later, returning on occasion for a facelift
every now and again.

"For the original owners, I returned once or twice a year to tweak things,"
Morrish added. "Mostly this consisted of lowering vegetation in front of the
tees that had grown during my absence and blocked views."

Nowadays, all golf course architects are ecologically conscience, and with
good reason, but back then most designers were given carte blanche to mold and
shape the landscape.

"The environmentalists had not descended upon the desert as they have of
late," said Morrish. "We just used common sense in the design and
construction, so that as much of nature was left as possible. I am not exactly
a minimalist, but the land really lent itself to using the natural terrain.
This also worked well for the housing around the course."

HOLE-BY-HOLE REVIEW (NORTH COURSE): Usually, when  a course opens with a par-
five the better than average golfer tells  himself that this is  a great way
to  start out - with a birdie lurking down  the fairway. It's  possible, and
nice  to dream but beware. The first hole on  the  North  Course requires
pinpoint  accuracy  off the tee, not to mention  a  200-yard carry over  the
desert. Thoughts at this point are starting  to  turn to  making par. The
first hole is  indicative of what's in store as this is target golf at its
best. There is no doubt that the  green is reachable  in two; however, your
second shot  must carry numerous  bunkers en route  to  the putting surface.
If you're  going to miss,  do so to the left, setting  up an  easy pitch to
the narrow green.

The second is a nice par-three that  can  stretch from 120  yards to 195  from
the tips.  A swale in front of the  green  and a  bunker in  the back  define
the  precision of this one-shot approach. The putting surface slopes back-to-
front but, being a resort course, it's  usually not that  slick so go with
your normal follow- through.

The par-five  third  is a dogleg  left of 548  yards and, realistically, not
reachable for mere mortals. A tee shot down the center will set up a simple
layup to the 100-yard mark. From there, attack as anyone  with a sand  wedge
in their hands should  be able  stick this one close.

The  fourth is right in front of you, a wide fairway leading straight up into
the  beautiful foothills that are worthy of  a  photo opp.  Your approach will
play  slightly uphill  to a two- tiered green.  With  a  solid  drive,  the
fourth can  be  had.

At  425  yards  and doglegging  to the left, the fifth presents yet another
interesting challenge. At  the outset,  your tee  shot must  be long  and
favor the right-center  of the  fairway.  Second, your approach will  be
uphill to a very difficult green that  slopes from  back-to-  front. Finally,
bunkers right  and  back with  a guarding  tree left  will  make this  your
hardest challenge  on the  outward nine.

A  thing of beauty. That's  what the sixth  is. Just 142 yards from the back
buttons, this par-three features three of  the most  difficult bunkers on the
course...front,  back and left.  They are  deep and menacing. Choose your club
wisely or  else bogey looms large,  maybe even a double.

The seventh and eighth  are  definite   birdie   chances  at just 347  and 356
yards, respectively, in  length. Both  holes dogleg  to the  left and  require
just  a three-metal  or long-  iron off  the tee.  Don't make  the mistake  of
hitting driver  as  that will  cost you  dearly. After  your tee  ball on the
seventh, just  a  wedge will  remain to  a well-  guarded green.  A back-left
pin could cause  trouble  but go for  the gusto  while you have  the chance.
More of the same  on  the eighth but you  must play to the  right off the tee
to avoid the gully  and  rock croppings  that guard  the corner of  the
dogleg. The putting surface  is  well flanked by numerous,  deep bunkers that
mandate some careful reading  and  navigation, especially  if the  wind is
blowing. The green does slope from back-to-front  and  left-to-right, so  stay
below the hole to have a shot at birdie.

The  front side  closes with  a majestic,  dogleg left par-four, that takes
you downhill to the fairway and uphill to the green. Usually into a breeze,
this  417-yarder plays  much longer than the yardage indicates. You  will love
the view  of  the Sonoran  desert  and, if  you're playing  in the  late
afternoon...  well,  just  use your  imagination.  However, back  to golf.
Playing  uphill,  your  second shot club  selection  will  be  quite
demanding, particularly with a back- left pin placement. This is one of those
holes where a par is a great score and something to remember.

The  teeth  of the  course are to  be found  at the opening  holes on the back
nine.  At 451  yards,  the 10th  is  a brute,  playing as  a  dogleg left  and
uphill.  A huge  tee shot is needed to  have a prayer at reaching the green in
two.  Miss left  off the  tee and  you'll have  to contend  with desert  brush
and  bunkers  guarding  the  corner.  A long-iron  or  fairway-metal  will  be
needed  to  reach the putting surface.  This is where you start thinking bogey
and,  with it,  a sense  of accomplishment.  Miss right  and you'll  lose your
ball, not to mention your mind . One bright  spot - the green is not protected
by sand, a small, but welcome, consolation.

Next up is  the dogleg  right 11th. This  445-yarder  puts a premium  on
driving  accuracy and length. The fairway is  quite ample  but try  to cut off
to  much on  the right  and you'll  make double-bogey.  After  a successful
tee shot,  a medium-  to long-iron will be left  to a  putting surface
guarded, both  left and right, by sand. If someone told  me  that I  could
have par and move on before I played the hole, that certainly would  have
been  my choice.

Although  the  12th  is  a  definite birdie  chance,  it is not  without its
difficulties. A  big tee shot down the left  side of another dogleg left will
put you in the "go-zone" for the green. What  makes  this par-five arduous  is
the  green. Sloping severely from back-to-front,  the  two-tiered surface  is
protected  by deep sand  and right by a large  mound, obstructing your  view.
You only live once so go for it.

Hard to believe  that any  hole could play harder  than 13. When played from
the tips, this  hole  is a challenge  you will love  and hate at  one and the
same time. Ample  fairway  will  be your  only  saving  grace.  That  leaves
you  with  a difficult  approach over  a desert  canal  to a  wide, but
narrow, green.  Be short  and  your  ball will  land  in  a  collection  area;
long  and  a  deep menacing  bunker  awaits. Making par is  certainly one's
goal here followed by moving  on  rapidly but the  fact of the  matter is that
bogey is not so bad.

Looking  directly  into  the  Sonoran  sky, the  14th  is  quite  picturesque.
Entirely  over water,  this  par-three  is all  carry  to  the green.  Bunkers
protect  the  backside  of  this  diabolical green  that  slopes  towards  the
water. A front pin will be nothing less than formidable but use the incline to
get  it close  with a  very delicate  touch.

The  15th should  be played  as a par-four, since it's just 483 yards, but the
scorecard says  par-five so play it  as  a three-shotter  since you  will need
every  advantage you can muster. Bending  slightly to  the right,  your tee
shot should  favor the  right side leaving you with a reasonable chance to get
home. The green is fairly open but sand does await the errant shot to the
right. If  all else fails, play to the left,  chip close  and make  a four.
Then get  out of  there.

The  16th is  a solid  par-four,  straightaway and stretching 424  yards. A
good tee shot will leave  a medium-  to short-iron  to a  difficult green.
What makes  this hole tough  is the desert gulch  that must be cleared in
order to reach the  uphill green.  The  putting surface is  very undulating
and guarded left and long by sand.  This  is not  the  time  to fool  around
with shots you  thought  you could  make. Go  for the  ones you  know  you can
since there  are still  two difficult  holes left.

The  longest par-three  on the  course,  the 17th  can stretch  to 220  yards
from the  tips.  Although it's  long,  the hole  plays downhill  to a  fairly
large green with  a huge bunker, featuring a boulder in the  center,  guarding
the right entrance  to the surface. If the hole doesn't inspire  you,  then
the sunset  will.

It's  time to head  home and the 18th is the  sharpest dogleg  on the  course,
snapping  90-degrees to  the right.  Cut the  corner  and you're  left with a
short- to medium-iron  to a fairly small green. A perfect finish to a
wonderful layout.

HOLE-BY-HOLE REVIEW (SOUTH COURSE): The South opens up with a wonderful, but
tough par four that doglegs to the right. From the tips, you'll run out of
fairway at the 310 yard mark, so you should be able to blast away. Avoid the
trio of traps down the right side of the landing area and you're home free.
Well, sort of. A medium iron remains to a slightly elevated green with bunkers
left and rocks right. Be wary of a back-right pin, as this will bring plenty
of trouble into play.

The par three second is the shortest hole on the South at just 150 yards in
length. Distance control certainly is critical, as the putting surface is just
26 paces in depth and fronted by a trio of deep bunkers. Just a word of
caution, missing long is no bargain either.

Another sharp dogleg right, the third is one of seven par fours on the South
over 400 yards in length. The fairway is generous, but very undulating. Aim
for the 20 yard bunker at the end of the landing area, as this will set up a
medium to short-iron approach. You might need an extra stick, as the green
sits above the fairway. The putting surface is small with plenty of movement,
so try to stay below the hole for your best result. Miss long and you might
end up in a nasty pot bunker.

Next up is the 409 yard, par four fourth. The landing area off the tee is
generous and you'll need a 300-yard plus drive to reach the pond at the end of
the fairway. With a successful tee ball, just a short iron should remain to an
uphill putting surface that is the longest on the course at 46 paces. Although
it's long, the green is quite narrow, so pinpoint control with your approach
will be needed.

The first par five on the course is the fifth, which reaches 545 yards from
the back markers. There is no doubt that this is the signature hole at The
Boulders. This beauty features a split fairway for the tee shot. Playing down
the right will give you a better angle, but little in the way of an advantage.
The best play is towards the left landing area, thus leaving a medium to long
iron for a layup. The key is by-passing the traps down the right side. Your
approach to the minuscule green will be a short one, but again, you'll have
several bunkers to contend with. The putting surface is split into three
segments, but it's the beauty of the landscape that will keep you occupied.

Number six is another course favorite. Just 355 yards long, this gem bends to
the right with water guarding the fairway on the same side. The more you
decide to cut off, the more the lake will come into play. Since it's such a
short hole, play down the left and you'll be left with a 120-yard play to a
long and narrow putting surface. This is where accuracy will pay off, as the
back of the green is pinched tight between sand.

A medium lengthened par three awaits at the seventh. Most players will stop
and pull out the camera on this beaute, thanks mainly to the enormous
balancing boulder to the left of the blue tees. The backdrop of the green is
not too shabby either. A medium iron should suffice, unless the pin is on the
back tier of the putting surface. If that's the case, add another club or two
to reach the flag. Right or left and you'll be swallowed up by sand, which
will make for a difficult up and down.

From an elevated tee, the eighth can be stretched to 455 yards. The longest
par four on the course, features the widest fairway, so lock and load and bomb
one out there. Even with a big tee shot, you'll have a long iron or fairway
metal approach to another small green. In addition, your approach must clear a
wash 40 yards from the putting surface. How tough is the eighth, it plays as a
par five for the women...and me too.

If you want to take it on, then 255 is your number on the ninth. That's right,
a tee shot of 255 or more in the air is required to clear the bunker on this
slight, dogleg right. The more conservative route will be to aim towards the
left-center of the fairway, with the saguaro in the distance standing tall in
a fairway bunker. From here, it's a medium iron to a two-tiered green that
slopes from back to front. A back flag brings extra trouble in play, so play
to the center of the green if the pin is up top.

Number ten is the longest par three at The Boulders, stretching 221 yards from
the tips. Although it plays from an elevated tee box, this lengthy hole is all
you can handle. Bunkers guard three sides of the putting surface, which
reaches 35 paces and split from left to right by a ridge. Bail out left if you
must for your best shot at par. Better yet, choose the right set of tees for a
real chance at three.

From the longest par three to the longest par five, as you stroll up to the
11th tee box. From the back markers, you'll need a 200-plus carry just to
reach the fairway on this 601-yard monster. Avoiding the traps off the tee and
then again with your layup will be key. Favor the right side of the fairway
for the best angle to the pin and beware of the bunker laying in the center of
the landing area, just 60 yards away. The green is large with a steep ridge in
the middle and sand all around. There's good reason why it's rated as the
second most difficult hole on the course.

Depending upon which tee box you're playing from, the 12th is a reachable par
four off the tee. There is plenty of risk if that's your play, as the fairway
tightens considerably as you near the green. The heart-shaped putting surface
boasts three distinct sections and is quite small at just 26 paces. The best
play is a fairway metal off the tee and a wedge to the green. Making birdie
the old fashioned way is quite acceptable.

You'll need to crack a tee shot on the 13th just to reach the fairway of this
429 yard par four. Playing straightaway, you must avoid the 40-yard trap down
the left side, otherwise, you'll have little chance of clearing the wash that
fronts the green, not to mention the large mound. The green is long and
undulating, making this one of the most difficult holes on The South.

Birdies might be hard to come by on the closing holes, so you'll need to play
14 and 15 in an aggressive fashion. The 14th is a medium-lengthed par five,
reachable in two, especially after a successful tee shot. Playing from an
elevated tee, everything is right in front of you, just a wide open fairway.
It's the second shot that will have you guessing. The landing area near the
green is guarded by several crossing bunkers to keep you honest. If you're
able to reach the two-tiered putting surface, hope for a front flag, as the
long and narrow green runs from back to front. Miss long with your approach
and you'll have the saguaro's to contend with.

Although the 15th plays uphill, this little par three can yield a birdie or
two. Just 151 yards in length, the key here is pin position. The two-tiered,
31 paced green boasts two distinct pin positions. A front pin has attack all
over it, unless it's tugged close to the left pot bunker. A back-left flag
brings additional sand into play, so pick your stick and go for it.

It's not often you have back-to-back par three's, but that's what's in store
at the 16th. This time around, it's a robust 227 from the back markers, not to
mention a forced carry from tee to green. A draw from the tee is the play,
unless you overcook your approach and end up in the left, greenside bunker.
The putting surface is long with several undulating features, so stay right
and who knows, maybe you'll sink a long bomb for birdie.

Club selection off the tee is crucial to conquering the 17th hole, as the
fairway runs out at the 270-yard mark. Although this hole is over 400 yards in
length, a three-metal might be the play. It will leave a slightly longer
second, but, better safe than sorry. Your approach must clear another wash
that's 80 yards from the green. The putting surface is long and narrow,
reaching 38 paces, with three distinct tiers. Just getting on this green does
not guarantee par.

Water certainly does not come into play much at The Boulders, but it most
definitely stands out on the closing hole of The South. A wonderful par five
that reaches 583 yards in length, the 18th is a true three-shot hole. Avoid
the bunkers down the left off the tee, not to mention to trap on the right
with the tall saguaro stationed in the center. Your layup must negotiate the
100-yard bunker and the water on the right. Play out to the left and leave
yourself a wedge to this diabolical green. Fronted by water, reminiscent of
Bay Hill's 18th, the putting surface is 39 paces wide and very shallow, so you
better be precise. A back-right pin looks great, but can be costly if you push
the envelope.

FINAL WORD: It comes as no surprise that The Boulders has been rated a Gold
Medal resort by Golf Magazine and a five diamond facility by AAA for years.

And with good reason.

Let's start with beauty. If the millions of year old boulder formations that
mark the landscape don't do it for you, then how about the spectacular
sunsets, maybe the amazing vegetation or how about the stunning saguaros?

There's also tennis, hiking, horseback riding and, of course, the piece de
resistance, the world renowned Golden Door Spa, complete with massages,
facials and mud body wraps.

The amenities alone should keep you coming back for more, but if that doesn't
do it, then golf certainly will.

First of all, you know you're in for an interesting round of golf when the
scorecard reads; "Coyote Rule - If there is reasonable evidence that your ball
was taken by a coyote and isn't found, place a ball on the spot from which the
ball was moved, no penalty." YIKES!

Back to the matter at hand. Thirty-six holes of golf, set up for all levels of
play, featuring five sets of tees ranging from 4,900 to just under 7,000
yards. In addition, The Boulders has just launched two short courses on both
18s, ideal for the golfer on the go with limited time or the young and
inexperienced player, who's not ready for a full 18. Called the "Pebble Tees,"
the courses feature holes ranging from 60 to 200 yards.

"There's an assumption that you must play 18 holes of golf, and new golfers
sometimes are discouraged that the game is difficult and they have to make
this big commitment to braving it out for hours on the course," said The
Boulders' Director of Golf Operations Tom McCahan. "The short courses make it
less stressful, more fun and easier to get into the game."

Yes, this is a resort layout, so it comes complete with beautiful villas and
recently renovated casitas dotted throughout the property, but not infringing
upon the golf courses.

Not to be overlooked is the Golf Academy and practice facility. Recently
expanded and renovated, the driving range is complete with all the latest
technology, while the instructors at the academy are some of the best in the
country. In fact, Director of Instruction Donald Crawley, a Class A PGA and
British PGA member, has been rated as a Top 100 Teacher in America by Golf
Magazine for years. In addition, Crawley, a two-time PGA Teacher of the Year,
is recognized by Golf Digest as one of the top-10 teachers in the state of
Arizona and has been voted the best instructor in the valley three years
running. "We teach GolfSimplified, keeping instruction simple, practical and
personalized," said Crawley.

Year after year The Boulders continues to be rated as one of the top
destinations in the country, but that certainly does not deter them of resting
on their laurels.

Whether its refurbishing every bunker on the courses, or re-seeding each
fairway or as simple as replacing every golf cart on the property, the powers
that be will continue to refresh this wonderful retreat to maintain its top
status. "There is constant year-round maintenance to keep the bent grass
smooth and the 419 bermuda base fairways plush," added Crawley.

There are differences in both courses.

"The North course is longer and features several subtle dog leg holes,"
continued Crawley. "A more traditional layout with generous fairways, but the
back nine is the most challenging. The more advanced players and I prefer the
North: score on the front, hang on to finish strong on the back."

If it's the pretty look you want, well maybe the South is for you.

"The South course is most scenic, no forced carries (over desert) from the
forward tees, but narrower fairways," added Crawley. A true 'target golf'. The
visiting guests prefer the South because of it's beauty."

What makes this place so special is the coupling of the courses with amenities
that are second to none. When it comes to hospitality, you'll be hard pressed
to find a more courteous and helpful staff.

The Boulders will ease your mind and senses and will stimulate your heart,
regardless of your passion. Your time here will make you realize that you
don't have a care in the world. What a perfect place to visit, Carefree, AZ
and The Boulders.