Overview

In the rough: The industry's slim revenue growth is the result of weakened golf participation

IBISWorld’s industry research report on Golf Courses & Country Clubs in New York contains five-year forecasts and data analysis that can help you identify and mitigate risks in potential new markets. Position yourself as an expert with internal stakeholders by using our comprehensive industry research to inform your reports, proposals and presentations. Our business information will save you money by helping you make better decisions, faster.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • Declining interest in golf and overambitious development have hindered industry revenue growth
  • While golf courses are popular among retirees, golf has not achieved any steady growth in popularity among younger consumers
  • Little interest in golf participation may continue to limit the industry’s success

  • shopping_cartBUY NOW TO READ MORE

    Industry Analysis & Industry Trends

    Over the five years to 2017, the Golf Courses and Country Clubs industry in New York has struggled to make par. Overambitious golf course development has resulted in some establishment closures during the five-year period, which pressured industry growth. However, the industry's long-term challenges concern how it will broaden the sport's appeal to new players. The Golf Courses and Country Clubs industry is projected to experience moderate growth over the five years to 2022 due to rising disposable income and increased consumer sentiment...

    shopping_cartBUY NOW TO READ MORE

    Industry Report - Industry Products Chapter

    Memberships

    Golf course memberships typically entitle the member to unlimited golf games throughout the year, and, if included, access to the associated country club facilities and events. This segment generates an estimated 40.5% of industry revenue in 2017, which is significantly higher than the national industry average. This segment has increased as a share of revenue over the past five years, as membership rates have steadily improved alongside the economy. Moreover, while golf participation rates from marginal players and young consumers giving the sport a pass have decreased over the past five years, the market for consistent golfers has remained much steadier, somewhat increasing this segment's share of industry revenue.

    ..

    shopping_cartBUY NOW TO READ MORE

    Additional Insights for the Golf Courses & Country Clubs in New York Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Golf Courses & Country Clubs in New York Industry are

  • Easy access to further appropriate land for development
  • Economies of scale
  • Access to highly skilled workforce
  • IBISWorld analysts also discuss how external factors such as Per Capita Disposable Income in New York and Corporate profit in the Golf Courses & Country Clubs in New York industry impact industry performance..

    shopping_cartBUY NOW TO READ MORE

    Look under the hood?

    Download a FREE sample report

    Industry Products

    What is the Golf Courses & Country Clubs in New York Industry?

    This industry is primarily engaged in operating golf courses and country clubs that have dining and recreational facilities. These establishments typically provide food and beverage services, equipment rental services and golf instruction. Golf courses can be public, private, semiprivate or an extension of a private country club. This industry excludes golf driving ranges, miniature golf courses and resorts and hotels that have on-site golf courses.

    Industry Products
    Membership
    Green fees
    Food and beverages
    Equipment rental and sales
    Other sales and services
    Industry Activities
    Operating golf courses and country clubs
    Providing food and beverage services
    Providing golf equipment rental services
    Providing golf instruction services

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Per Capita Disposable Income in New York
  • Corporate profit
  • Inbound trips by non-US residents in New York
  • Number of adults aged 20 to 64 in New York
  • Time spent on leisure and sports

  • Current Performance
  • High supply, low enthusiasm
  • Bright spots
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand drivers
  • Tough putt
  • Table: Golf Courses & Country Clubs in New York Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Golf Courses & Country Clubs in New York Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Civic, Social & Youth Organizations
  • Public Administration
  • Consumers

  • Key Selling Industries
  • Beer Wholesaling
  • Car & Automobile Manufacturing
  • Farm Supplies Wholesaling
  • Footwear Wholesaling
  • Grocery Wholesaling
  • Sporting Goods Wholesaling
  • Wine & Spirits Wholesaling

  • Products & Services
  • Membership
  • Food and beverages
  • Green fees
  • Equipment rental and sales
  • Other sales and services
  • Chart: Golf Courses & Country Clubs in New York Industry Products and Services Segmentation

  • Major Markets
  • Consumers aged 35 to 54
  • Consumers aged 24 and younger
  • Consumers aged 25 to 34
  • Consumers aged 55 to 64
  • Consumers aged 65 and older
  • Chart: Major Market Segmentation for the Golf Courses & Country Clubs in New York Industry

  • Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Depreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Golf Courses & Country Clubs in New York

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Golf Courses & Country Clubs in New York Industry

  • Major Companies
    Bethpage State ParkTrump Golf Links at Ferry PointOak Hill Country ClubScarsdale Golf ClubShinnecock Hills Golf ClubWinged Foot Golf ClubThere are no major players in this industry
  • Table: Bethpage State Park - financial performance
  • Table: Trump Golf Links at Ferry Point - financial performance
  • Table: Oak Hill Country Club - financial performance
  • Table: Scarsdale Golf Club - financial performance
  • Table: Shinnecock Hills Golf Club - financial performance
  • Table: Winged Foot Golf Club - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Golf Courses & Country Clubs in New York Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Golf Courses & Country Clubs in New York Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Per Capita Disposable Income in New York (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Green Fee
  • A fee paid to play a round of golf at a course.
  • Occasional Golfer
  • A golfer who only plays up to seven times a year and does not have a significant impact on industry revenue levels.
  • Regular Golfer
  • An avid golfer who plays at least 25 rounds annually, accounts for most golf-related spending and tends to have a greater influence on the industry.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Golf Courses & Country Clubs in New York:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Golf Courses & Country Clubs in New York market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Golf Courses & Country Clubs in New York, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Join IBISWorld today

    Contact Us

    Want to speak to a representative? Call us.

    clear