In an era when golf course closures far outweigh new openings – a market correction that’s the result of oversupply in the industry coupled with a strong demand for real estate — here’s a look at facilities that have escaped the chopping block. From the posh Wynn Golf Club on the Las Vegas Strip to a 9-hole layout in Nebraska that costs just $9 to walk on weekdays.
As some golf communities have matured, new generations of homeowners seem less interested in golf and, as a result, certain courses began to struggle. The number one issue now facing NGF’s consulting practice is helping to resolve conflict between golf community residents and course owners.
As the supply and demand of golf courses continues to self-balance, some owners are taking advantage of the current real estate market—by choosing to sell.
It’s been more than three years since the last round was recorded at Ocean Meadows Golf Club in Goleta, California. Birdies, no. But there are birds galore.
Topgolf CEO Dolf Berle discusses the company’s new one-floor venue concept that will debut in Augusta during Masters week, including what prompted the approach and how it will impact engagement in the golf industry.
Quick question: are there more McDonald’s, Starbucks or golf courses worldwide? NGF’s Greg Nathan gives that answer and more in this Golf Channel appearance, discussing the golf business and golf travel alongside Ship Sticks CEO Nick Coleman.
Over the past 25 years, Tom Cox has grown Golfballs.com from a startup that sold used golf balls found in lakes to a world leader in the online sale of customized golf products – most notably, new golf balls. Golfballs.com now exceeds $33 million in annual sales, with 80% of its business customized in some way.
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