Industry Analysis & Industry Trends
Over the five years to 2015, 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 through 2011, causing industry revenue to decline. In the coming years, the industry will return to moderate growth due to higher corporate profit, rising disposable income and increased consumer sentiment... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Golf Courses and Country Clubs industry is highly fragmented. The industry is made up of a few large holding companies that operate hundreds of courses, several medium-size companies that own and operate between five and 20 courses, dozens of companies that operate two to four courses and thousands of independent or public establishments that operate a single course. In fact, over 99.0% of industry firms have fewer than 500 employees. The four largest golf course and country club operators account for less than 10.0% of industry revenue in 2015.
The level of industry concentration is not expected to change significantly in the future... purchase to read more