3-Minute Business Insights
The U.S. golf industry is now in its 50th month since pandemic-related restrictions on golf were lifted in 2020. And the numbers continue to reinforce that we're enjoying a "new normal" when it comes to play.
Topics: Engagement, Facilities, Facility Operations, General Interest, Golf Courses
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
Midyear 2024 U.S. Golf Course Development
Topics: Construction, Development, Facilities, Facility Supply, General Interest
National rounds continue to track ahead of 2023's record pace
For the second straight month, play was relatively flat in May on a national level. Rounds continue to run slightly ahead of last year's record pace heading into the peak months of the golf season.
Topics: Facilities, Facility Operations, General Interest, Golf Courses, Participation
Regional mix as YOY play remains relatively flat in April
After a significant increase in March rounds, April play was relatively flat on a national level compared to 2023 as several golf-rich regions of the country saw slight dips that are likely attributable to weather.
Topics: Facilities, Facility Operations, General Interest, Golf Courses, Golf Facilities
The number of golfers traveling to play has been at or near record levels the past several years. And golfer surveys for 2024 show no sign of let-up when it comes to golf wanderlust.
Topics: Consumer Spending, Engagement, General Interest, Golf Courses, Golf Travel
Topics: Cost Of Golf, Economy, Facilities, Facility Supply, General Interest
Strong spring start in northern climes lead to spikes in play
March rounds see biggest national jump since the 2021 rebound that followed 2020's pandemic lockdowns
Topics: Facility Operations, General Interest, Golf Courses, Golf Facilities, Participation
The money golfers pay to play benefits courses and companies throughout the industry. But for the first time in a generation, golf courses are perhaps the business segment enjoying the greatest benefit from the game's current surge.
Topics: Consumer Spending, Cost Of Golf, Economy, Facility Operations, Golf Courses
Municipal golf is not facing an existential threat. In fact, it surprises some to learn that the number of municipal courses nationwide has actually increased over the last decade. This gain stands in contrast to broader U.S. supply reductions and the challenges 'muni golf' encounters in some areas.
Topics: Facilities, Facility Supply, General Interest, Golf Courses, Golf Facilities
Topics: Facilities, Facility Operations, Facility Supply, General Interest, Golf Courses
