3-Minute Business Insights
U.S. golf course development and investment in existing faciltiies are up, including an increased number of renovations, reconstructions, and resurrections. Meanwhile, the number of annual course closures has decreased for five straight years, with the 2024 total dipping to its lowest levels in two decades. The result is a supply stability that has legs.
Topics: Closures, Construction, Development, Facilities, Facility Supply
There are hundreds of new golf courses in varying stages of development around the world, with over half of those in the pipeline within the U.S. So, which other countries are especially active in the world of golf course construction?
Topics: Closures, Construction, Development, Facilities, Facility Supply
Contextualizing 2024's Course Closures
Taking a closer look at mid-year supply changes - stocks & flows
New course development is up fairly significantly, but midyear course closures continue to outpace openings. Here is some added context on the "why" behind inevitable course shutdowns in the U.S. market.
Topics: Closures, Course Closures, Facilities, Facility Supply, General Interest
Annual Difference Between U.S. Course Openings/Closings
Topics: Closings, Closures, Development, Facilities, Facility Supply
U.S. Golf Course Closure Trend
Topics: Closures, Facilities, Facility Supply, General Interest, Golf Courses
Golf Supply Update: More Openings, Fewer Closings
Golf course closures last year came in at their lowest figure in almost two decades, resulting in less than a 1% reduction in overall U.S. supply. Here’s a bit more context, as the closure of golf courses is a topic of frequent interest… and frequent misinterpretation.
Topics: Closures, Facilities, Facility Operations, Facility Supply, General Interest
Get the full accounting on U.S. golf courses and facilities through year-end 2023
The newest member reports on golf supply in the U.S. are now available, including a comprehensive 46-page dive into the world's best supplied-golf market. As a complement to this annual report is a one-page summary overview of golf facility supply in the U.S. Click here to access and download.
Topics: Closures, Construction, Course Owners, Development, Facilities
Midyear Momentum: Course Openings & Closures
Continued signs of equilibrium in world's best-supplied golf market
Over the past four years, the number of annual golf course closures has dropped 62%. So what does the market look like at the midway point of 2023? And how do course openings compare to recent years?
Topics: Closures, Construction, Development, Economy, Facilities
Midyear Update: U.S. and Worldwide Course Supply
Golf has remarkable geographic spread, with at least one course in 83% of countries and territories worldwide. In fact, there are more golf courses globally than Starbucks locations.
Topics: Closures, Construction, Development, Facilities, Facility Supply
Golf Course Supply: The Long View
There have been only two sustained periods of golf course supply contraction in the United States. They've ended in two very different ways.
Topics: Closures, Facilities, Facility Supply, Golf Courses, Golf Facilities
Mid-Year Update: Golf Course Closures
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?
Topics: Closures, Facilities, Facility Supply, Golf Courses, Golf Facilities
Golf Course Closures Still Trending Downward
Member report: Closures on pace for lowest total in 17 years
The ongoing correction in the world's richest golf market began in 2006 after an unprecedented, and unsustainable, 20-year golf course building boom. The recent slowdown in closures may indicate the market is moving closer to equilibrium.
Topics: Closures, Economy, Facilities, Facility Supply, Golf Courses
