Larry Hirsh, Owner/President of Golf Property Analysts identifies some of the determinants of value and fundamental concepts and issues that drive golf course appraisals.
The big story of 2012 in the golf business is the year over year increase in rounds played. In fact, if fourth quarter rounds are flat with the same period in 2011, we would end the year with the largest single-year jump since the turn of the century; a national gain of more than 30 million rounds.