Over the last several years, smart phones, and consequently mobile apps, have gained huge momentum thanks to consumers’ quick adoption of the technology.
NGF recently released Golf Facilities in the U.S. – 2013 Edition, our annual tally of U.S. golf course development and total golf supply. The report summarizes the nation's total supply of daily fee, municipal, and resort golf courses, as well as private clubs, with numbers broken out by state and region.
While new golf facility openings are few, golf course transaction activity has been vigorous over the last six years. From publicly available sources, NGF has tracked nearly 1,300 golf facility transactions since the beginning of 2007, and this number is almost certainly understating actual sales.
In April, the leadership of the golf industry will be assembling in St. Louis for the NGF’s invitation-only pre-season golf market intelligence briefing. As we look forward to 2013 as another year of challenge and opportunity in the golf business, we hope you will join us for our annual agenda of new intelligence and speakers to support your smartest business decisions.
The most influential factor in the golf economy in 2012 was the 5.7% increase in rounds played, through the end of the year. The resulting increase of 26 million rounds takes the national total to about 490 million.
Some optimistic entrepreneurs, convinced the economy is beginning to show signs of life, believe this is an appropriate time to explore the acquisition or expansion of a golf-related business or property.