3-Minute Business Insights
The peak-season, summer months of June, July and August are disproportionately important for the golf industry -- a make-or-break period for most golf facilities. This summer, the industry climbed out of the hole that Mother Nature dug early in the year.
There are interesting and noteworthy distinctions between age groups when it comes to behaviors, needs and motivations related to golf. So what do we do with this information?
More than one in seven U.S. golf facilities are now being managed by an MCO, or multi-course operator. It's a market penetration that's risen 18% in the past decade-plus.
Each time a recession looms, the question arises, “Is Golf Recession Proof?” Perhaps a more important question, however, is what can golf do to prepare for the next inevitable recession?
After a couple of great years for rounds, some might feel the pandemic ‘bloom’ might be off the rose, so to speak. NGF President & CEO Joe Beditz weighs in.
Despite some lingering supply chain constraints, shipments from golf equipment manufacturers in 2022 have remained strong, matching last year’s impressive growth.
The downward trend in U.S. golf course closures that began in 2020 has continued into its third year. Where could it go from here?
It's more than windmills these days. We weigh in on the mini golf movement, Millennials, latent demand and... Winston Churchill?
Almost 1-in-9 Americans are active golfers, whether that’s playing on a golf course, hitting balls at a driving range, or swinging and socializing at golf entertainment venues. More people played golf in some form last year than participated in basketball, baseball, tennis, soccer or skiing.
The latest monthly rounds played report it out and shows a 10% decline in play year-to-date. Is it a sign that golf’s pandemic dividend is eroding?
For anyone who suggests the relatively limited number of new course openings in recent years speaks to golf's overall health and points to limited investment in the game, the research tells a far different story.
Indications are that the overall travel industry has hit an inflection point and is primed for a big summer. So what about golf travel, a $20 billion business in the U.S.?
