How Many Business Deals Are Made On The Golf Course
We’ve measured the health and vitality of the U.S. golf industry for more than 80 years. Through the support of our members, we’re able to provide golf’s stakeholders with accurate and timely information that helps everyone in golf become smarter about the industry in which they operate.
- How Much Business Is Done On The Golf Course
- How Many Business Deals Are Made On The Golf Courses
- How Much Do Golf Course Owners Make
- How Many Business Deals Are Made On The Golf Course Scorecard
Playing golf with business associates is a longstanding practice. Mingling business with fun, however, can be tricky. “Golf reveals your character, your personality,” says Hugues Lechanoine. Doing business on the golf course is a staple of the modern business world. Whether it’s your boss, current/prospective client, or future employer, use these tips to get the deal done on the course. Pick the Proper Venue. Whether you’re playing with skilled or subpar golfers, pick a course that is relatively easy to keep morale high. A golf course is the grounds where the game of golf is played. It comprises a series of holes, each consisting of a teeing ground, a fairway, the rough and other hazards, and a green with a flagstick ('pin') and hole ('cup').A standard round of golf consists of 18 holes. Most courses contain 18 holes; some share fairways or greens, and a subset has nine holes, played twice per round. A Sample Golf Course & Resort Business Plan Template 1. Industry Overview. A golf course is an area of land laid out for golf with a series of 9 or 18 holes each including tee, fairway, and putting green and often one or more natural or artificial hazards —called also golf links.
Golf participation is a core measure of golf’s vitality. NGF closely tracks how many people play the game, as well as the demographic composition of golfing America.
played golf (on-course or off-course), watched the sport or read about it in 2019.
played golf – both on-course and off-course – in 2019.
This includes 24.3 million people who played on a golf course and another 9.9 million who participated exclusively in off-course golf activities at places like driving ranges, indoor golf simulators or golf entertainment venues like Topgolf and Drive Shack.
The number of people who played on a golf course for the first time in 2019:
The industry has had six straight years with more than 2 million beginners. By comparison, there were 1.5 million beginners in 2011. Prior to the past three years, the previous recorded-high of 2.4 million was set in 2000, when Tiger Woods was at the height of his popularity.
The category of young adults (18-34 year olds) is the sport's biggest customer age segment, with
The engagement within this demographic has remained steady for the past six years. Interest in playing among non-golfing young adults is high, with more than 5 million saying they are 'very interested' in taking up the game.
played golf on a course in 2019, remaining relatively stable in relation to recent years, with the participation base fluctuating between 2.5 million and 3 million. This segment of the golf population is more diverse than ever before –
of today's juniors are girls compared to 15% in 2000. More than one-quarter of juniors are non-Caucasian while just 6% were minority participants 20 years ago.
The number of female golfers (adult and junior) has held steady at approximately 6 million over the past six years.
of on-course golfers are women. Females represent a disproportionately higher percentage of beginners (31%), juniors (36%) and off-course participants (46%) than they do in the overall golf population.
people who didn’t play golf in 2019 said they are 'very interested' in playing golf on a golf course.
The significant in this pool of potential golfers over the past three years is attributable in part to the growth and popularity of off-course golf. Almost half of this untapped demand is comprised of 'lapsed golfers' who played on a course previously, but not within the past year, while the rest are those who never played golf on a course before.
There are almost 35 million more who say they are 'somewhat interested' in playing.
(Looking for monthly rounds played reports? Click here.)
of golf played on golf courses throughout the U.S. in 2019,
up slightly from 434 million in 2018 due to a mild improvement in weather conditions in regions with a richer supply of golf facilities.
How Much Business Is Done On The Golf Course
The National Oceanic and Atmospheric Association said 2019 was actually the second-wettest year on record nationally and golf, as the No. 1 pay-for-play participation sport played outdoors, is particularly dependent on the weather.
The number of golfers age 65-and-over increased to 5.3 million in 2019. This number should continue to increase as the balance of Baby Boomers, the youngest of whom are 55, cross this milestone. As they retire, they should continue to positively impact rounds for the next decade. Golfers who were 65 or over played an average of
Golfers in the 18-34 age range played less frequently than boomers - a likely byproduct of increased demands on their time and involvement with a variety of other activities. This segment averaged approximately
Since our start in 1936, we’ve kept tabs on every golf course in the U.S. As the go-to source of golf supply information, our team verifies golf courses every day, identifying which are open, which closed and any new projects in development. Not only do stakeholders benefit from knowing how many golf courses there are, they also get insight into the balance of public and private golf in the U.S., playing fees and more.
(a facility is defined as a business location where golf can be played on one or more golf courses).
there was a 20-year expansion cycle where U.S. golf course supply grew by
How Many Business Deals Are Made On The Golf Courses
there has been a cumulative contraction of approximately
