Golf Courses & Country Clubs in the US
Over the five years to 2018, the Golf Courses and Country Clubs industry has struggled to make par due to slow gains in golf participation. Overambitious course development over the past several decades resulted in some establishment closures during the five-year period, but the industry's long-term challenges include broadening the sport's appeal to new players. The Golf Courses and Country Clubs industry is projected to continue recording moderate growth over the five years to 2023 due to rising corporate profit and disposable income.
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.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.