3-Minute Business Insights
Short Game
The annual tally of golf course closures in the U.S. dropped again last year. Which raises the question: Has supply and demand finally returned to a reasonably balanced state?
As participation levels have increased in recent years, this particular segment has seen a 36% increase in on-course golfers since the start of the pandemic.
Rounds of golf played nationally in 2022 didn't measure up to the record-setting totals of 2021. Weather played a role in the downturn, especially in the shoulder months of this past year.
Traditional, on-course golf participation in the U.S. was up again in 2022, and off-course gains were even more significant.
A number of years back, we introduced the NGF Top 100 Businesses in Golf to recognize the most influential, successful, prominent and innovative companies on the commercial side of golf. Now we’ve released the latest version of this unique list.
Questions lingered throughout the year when it came to rounds: Would demand dip? Would golf’s Covid dividends begin to wane? As 2022 winds down, here's how national play is stacking up.
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?
