5 reasons why golf is in recovery
In many ways it’s been a dreadful start to 2014 for the golf club industry. At least six UK clubs announced they had closed, or were to close, in January alone, and the wet and windy weather has caused havoc throughout the country. Some venues might not even have their full 18 holes available to play on again for several months.
But, believe it or not, the signs are actually positive for the industry. Forty-two percent of members’ clubs reported financial growth in 2013 – a rise from just 25 percent in 2011, according to a new survey.
Here are five developments from the start of 2014 that show that the industry appears to be in recovery:
5. Golf clubs are investing again
Several golf clubs have announced that they are spending heavily.
Wentworth and Royal St George’s have both signed six-figure deals to purchase a new fleet of course machinery, while Brocket Hall Golf Club in Hertfordshire is to spend nearly half a million pounds on buying a new fleet of golf buggies and greenkeeping machinery (via pascal), refurbishing its changing room facilities and redecorating its restaurant.
5 REASONS WHY GOLF IS IN RECOVERY http://t.co/KFyO7qSb9H
The ‘5 reasons’ do not reflect the vast majority of the industry what so ever. I could equally name 5 reasons ( more like 25 reasons ) why the industry in NOT in recovery, namely, the weather, fewer golfer’s playing, fewer members, VAT distortion between private and proprietary courses, operating overheads going sky high, more supply than there is demand, the time it takes to play golf, stuffy image – shall I go on ???
Well said Alan… What the likes of Wentworth & Royal St Georges are doing usually bears no relevance to what is happening in the “real” golf industry.
5 reasons why golf is in recovery » Golf Club Management http://t.co/u3lG0s9bD3
5 reasons why golf is in recovery http://t.co/0a5oz9BUAx
5 reasons why golf is in recovery http://t.co/LuT8RY7VD9
5 reasons why golf is in recovery http://t.co/040ScbyZLB
5 reasons why golf is in recovery
Despite the weather, five reasons why golf is in recovery… needs a bit more than these 5 reasons if you ask me
Dig out those sunglasses!
The futures looking bright!
Can you see green shoots on your turf?
We all wish in the golf industry that this was true. But I am not so sure .