3-Minute Business Insights
Golfers aren’t just playing more, they’re also spending more time at golf facilities in general. As golf courses continue to position themselves as destinations beyond on-course golf – from practice and retail offerings to additional amenities and broader food & beverage offerings – the average length of stay has increased significantly compared to the pre-Covid era.
How Much is New Golf Course Development Up?
Three U.S. states are leading the way in new golf course construction projects
As participation and play enjoy well-chronicled jumps during golf’s post-pandemic renaissance, what is the impact on golf facility development? Here is a snapshot of the new golf projects NGF's database team is tracking entering 2025.
New U.S. Golf Course Projects - by State
Click here for PDF links to the latest national and state-level golf impact reports
The first new report of its kind in six years reveals that golf now has a direct impact of almost $102 billion on the U.S. economy, a 20% increase over 2016. Several individual states have commissioned economic impact reports as well.
Tracking "Resurrections" - Closed Courses Get New Life
New golf course openings in the U.S. remain limited, averaging about 13 over the past decade. But the number of “new-to-you” properties in the U.S. market is considerably higher when considering renovations, reconstructions and another category: “resurrections,” or closed courses given new life.
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.
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.
Golf Course Improvement & Investment
Golf's Big Investment
For anyone who suggests the relatively limited number of new course openings in recent years speaks to golf's overall health and points to limited investment in the game, the research tells a far different story.
There have been far more golf course closures than openings in the U.S. over the past 15 years. But did you realize that almost 740 U.S. golf courses have had openings during that period? That total, during what’s looked at as a “down period” for the industry, is more than the entire golf course supply in nations such as Scotland, Ireland, Spain and South Africa.
In an era when golf course closures far outweigh new openings – a market correction that’s the result of oversupply in the industry coupled with a strong demand for real estate -- here's a look at facilities that have escaped the chopping block. From the posh Wynn Golf Club on the Las Vegas Strip to a 9-hole layout in Nebraska that costs just $9 to walk on weekdays.
