3-Minute Business Insights
When it comes to online search activity and golf, the first week of April is indeed a time unlike any other. Thank The Masters Tournament (and the unofficial start of the golf season).
Some changes come to the biennial Top 100 businesses in golf
An effort to highlight the vitality, size and diversity of an almost $100 billion-a-year industry, the NGF GOLF 100’s mission is to recognize the most successful, prominent, influential and innovative companies in the commercial golf business.
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.
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.
Top Takeaways: Golf Executive Sentiment Survey
Golf leaders weigh in on their business, state of industry
Rising inflation, labor challenges, supply chain issues, the threat of an impending economic recession... How do golf business leaders feel about growth potential for their companies and organizations in years ahead? And how does that compare to CEOs more broadly?
8 best practices to help your business
The past several years have been generally very positive for golf operators, thanks to the "Covid boom." But how should we be improving the customer experience to ensure we're prepared and positioned for the future?
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?
Despite some lingering supply chain constraints, shipments from golf equipment manufacturers in 2022 have remained strong, matching last year’s impressive growth.
Equipment Market Remains Strong Midway Through '22
Member look: Golf club & ball shipments up significantly compared to pre-pandemic
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.
U.S. Golf Facility Investments Total Nearly $1.8B Annually
Spend is almost split between public and private, but share is not
Beyond the exciting (but limited) number of new golf courses we read about, the real industry investment is in upgrades, improvements, renovations and restorations at existing facilities. And it's significant.
