2012 Rounds Played – The Largest Single-Year Jump Since the Millennium
2012 Golf Course Openings & Closures Update
Hall of Famer Ozzie Smith to Present at NGF Golf Business Symposium
December 2012 Rounds Played Report
In a “Content Everywhere” World, Golfers' Media Preferences Show Specialization
List of NGF's New Members in Q4
Sponsored by: NGF's GolfSAT
Top 5 - States with the largest % increase in 2012 playable days
Don’t Miss The Mobile Connection
by Marlene Stone

Over the last several years, smart phones, and consequently mobile apps, have gained huge momentum thanks to consumers’ quick adoption of the technology.


Golf Course Living: Renovating the View?
by Robert Harris

While no uniform answers can be provided to situations that are factually and legally distinct, there are certain issues to which aspiring golf community residents should be attentive.



2012 Golf Course Openings & Closures Update

U.S. golf course openings remain at historic lows, as NGF recorded only 13.5 openings in 2012, compared to 154.5 golf course closures, measured in 18-hole equivalents (18HEQ). As in recent years, closures were disproportionately lower priced public facilities (68% of total closures).

According to NGF data, since the market correction in golf course supply began in 2006, there has been a cumulative net reduction of 499.5 golf courses (18HEQ), which represents a drop of 3.3% off the peak supply year of 2005. However, the cumulative decline over that period must be considered in context: even with seven consecutive years of net reduction in supply, closures represent only about 500 of 16,000 total facilities. For perspective, we opened 400 courses in a single year during the heart of the building boom. And, over the 20-year period from 1986 to 2005 the U.S. saw more than 4,500 18H-EQ golf courses open.

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Click to Enlarge

NGF projects that golf course openings will remain at 20 or fewer per year for the forseeable future, while annual closures are expected to continue in the 150-180 range. The gradual market correction is expected to continue with annual net reduction of supply in the 130-160 range, helping us inch gradually closer to equilibrium.

In next month’s Dashboard, we will further explore the openings/closures data and golf course supply as we summarize findings from our 2013 Golf Facilities in the U.S. report. We will also review the NGF Golf Course Supply Index, which tracks the ratio of golfers to golf courses.

Featured Report
Hall of Famer Ozzie Smith to Present at NGF Golf Business Symposium

More than 40 of golf’s business leaders have already registered for the 2013 NGF Golf Business Symposium to be held at the Ritz-Carlton in St. Louis, MO. NGF announced that Symposium guests will be hearing from Baseball Hall of Famer and proud St. Louian, Ozzie Smith.

Published by VCT