BY AAGD STAFF
“33 golf courses have closed so far this year. If that pace is maintained, we will reach 360 courses closed this year, which would be the second year in a row, we have set a record. The best projections were for around 280 to close this year,” says a Facebook page post by Sam W. Adams, a PGA Member and President, Owner and Founder of S.W. Adams, Inc., McCormick, S.C.
Mike Mucci
Annually, about 240 golf courses have closed down each year. “Suddenly we are in the 300+ range,” says Mike Mucci, a specialist facilitating unmatched revenue management results for daily fee golf courses at RevTechPlus. The RevTechPlus firm is Founded & Directed By PGA Master Professional in Golf Operations Tom Barnhart and offers the industry’s most talented revenue managers using the most state of the art technology to manage golf course tee sheets 24/7.
“If the experts were right about overbuilding and balancing supply and demand it would be slowing down and not be increasing, states Mucci. “At this point, I have no explanation for why it has suddenly started to increase.”
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This closure rate is a sensitive topic for golf course owners who have been steadily watching their tight budgets as golf rounds have continued to decline in an era of millennials alternative sports interests such as soccer. Soccer – football outside of the United States – is one of the most popular sports in the world. According to Statista.com, the number of participants in U.S. high school soccer programs (2014/2015 season) recorded an all-time high.
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