Industry Analysis & Industry Trends
The industry has rebounded slowly after the recession kept golf clubs collecting dust in the garage. This trend will continue through 2019 as disposable income continues to increase and corporate profit continues to rise. However, as Canadians resume work, their leisure time will decline, which may slow revenue growth... purchase to read more
Industry Report - Industry Products Chapter
The Golf Courses and Country Clubs operates golf courses as its primary activity and may include country clubs that have dining and other recreational facilities. Most golf courses also typically offer food and beverage services, in addition to equipment rental services and golf lessons.
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 about 32.0% of industry revenue. Although this segment accounts for the largest share of revenue, demand for it has declined over the past five years. According to the National Allied Golf Associations, about 6.5% of people leave private or semiprivate clubs each year... purchase to read more