3-Minute Business Insights
With increases in golf participation, play and popularity in recent years, one of the questions we've gotten recently is whether there’s been a rise in new U.S. course construction since the onset of the pandemic.
We asked golfers what they’re most thankful for when it comes to the traditional game and the results reveal its widespread and generation-spanning appeal. But what is particularly interesting is the differentiation in responses among age groups.
Golf is in a better place than before the pandemic. But just how good? Here's what golf business leaders and facility operators told us.
Golf’s evolution has been under way for some years now, long before more recent changes spurred by the pandemic, and two milestones hit this year are significant.
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?