Industry Analysis & Industry Trends
Over the five years to 2014, the Golf Courses and Country Clubs industry has struggled to make par due to the lingering effects of the recession and a decline in golf participation. High unemployment and lower consumer spending pushed down membership and golf course usage from 2009 through 2011, causing industry revenue to decline. In the coming years, the industry will return to moderate growth due to high corporate profit, rising disposable income and increased consumer sentiment. These factors will likely stimulate demand for industry clubs as people return to the golf courses and country clubs... purchase to read more
Industry Report - Industry Locations Chapter
Geographic spread of industry establishments falls broadly in line with population distribution; without sufficient population sizes, country clubs and golf courses will remain empty and industry operations will fail. Another factor that determines establishment distribution is a region's weather profile; states with warmer climates are more likely to have country clubs and golf courses than colder northern states. Other factors that influence establishment concentration include availability and cost of sufficient land to develop club houses and courses and a region's golf participation rate.
The Southeast region, with 25.4% of industry establishments, has the highest concentration of country clubs and golf courses in the United States... purchase to read more