Industry Analysis & Industry Trends
The Gold Driving Ranges and Family Fun Centres industry has struggled to get consumers in the door, causing industry revenue to decline during the current five-year period. However, as the number of individuals aged 19 and younger increases and more families allocate their limited time toward family activities, industry revenue will grow over the next five years. Furthermore, operators will increasingly implement physical activity into their offerings to attract health-conscious individuals... purchase to read more
Industry Report - Industry Products Chapter
In 2016, admissions are expected to account for the largest share of industry revenue at 53.0%. Over the past five years, many consumers were increasingly time strapped, which has supported demand for golf driving ranges and family fun centres. For example, while the population of golfers remained stable, an estimated 38.0% of golfers played fewer rounds, according to the Canadian Golf Consumer Behaviour Study.
As a result, this trend has benefited golf driving ranges, which provided a less time intensive alternative for golfers that wanted to practice their golf swings, compared with playing a full round of golf... purchase to read more