Exclusive NGF Articles and Reports
Renovations, Restorations & Revitalizations Lead Investment at Existing Facilities
Over $3 billion invested at U.S. courses in discretionary improvements
For a growing number of U.S. golf facilities, investment into improving their existing product is being driven by three primary factors: they're better positioned financially to reinvest, upgrades were overdue, and they recognize the importance of keeping up with the competition.
Golf’s Multi-Billion Dollar Investment
Amid the uptick in golf construction (and understandable excitement about a few brand new courses), perhaps the most noteworthy sign of the health and vitality in U.S. golf supply is the considerable investment being made in existing facilities.
Americans Still Playing More Golf
When looking at rounds-played momentum on the heels of the peak season, the only real question has been whether the weather will hold up. Hurricane season was a not-so-gentle reminder of the impact weather has on an outdoor sport like golf.
Rounds Played by Age Group
How much did Hurricane season impact 2024's momentum?
After general stability over the peak season months, September saw more fluctuation when it comes to year-over-year play. How did this impact the pursuit of another potential record-setting year for rounds in 2024?
August rounds follow regional precipitation changes as summer play finishes strong
August rounds were up in six of eight geographic regions, with all of those experiencing less precipitation than a year ago. Two regions on the East coast saw fewer rounds thanks to wetter weather than a year ago, but play at U.S. golf facilities overall remained steady through the end of the peak summer months.
Golf course living, in general, is enjoying a rebound like the game itself in the post-pandemic era. And golf-related real estate is a topic we’re asked about frequently and a subject our consulting team addresses regularly with developers and municipal planning boards or other authorities.
Assessing Golf's Real Estate Market in the U.S.
Golf real estate trends, economic impact and the best-supplied U.S. markets
The direct economic impact of golf real estate is almost $15 billion in the U.S., which has nearly 3,200 golf communities in total. And the opportunity to live in active, outdoor communities (especially those with golf courses) has only gained favor in post-pandemic years, amplified by remote work options.
The Surge's Impact on the Private Side of Golf
Amid the recent increases in play and participation nationwide, what's happening on the private side of the game? This NGF member-exclusive examines supply and demand changes when it comes to private clubs, as well as the overindexing of private course development.
Does Golf Have a Capacity Problem?
More golfers have played more rounds over the past several years and this means U.S. golf courses – broadly speaking — are busier than ever. So what are operators and golfers saying about current capacity, whether it's being able to run a facility efficiently given the manpower and course conditioning, or getting tee times at crowded public courses on the weekend?
Top U.S. Metro Areas for Golf
Slight peak season dip in play driven by hotter temperatures in parts of southern U.S.
Record or near-record high July temperatures in a number of golf-rich states, including Florida and California, helped keep national play levels below 2023 pace -- at least for the month.
