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.
The number of U.S. golf facilities working with professional management companies has increased from 10.6 percent in 2006 to about 16 percent currently.
In a competitive golf marketplace, retaining existing customers is critical. Here’s how management companies are engaging golfers.