Golf Inc. - October 2008 - (Page 18) Skyrocketing expenses have forced operators to get creative to balance the bottom line. Here are some cost-trimming strategies that some in the industry have adopted to help them get though these tough economic times. By Jim Dunlap COST At Pumpkin Ridge Golf Club, General Manager Scott Humphrey has changed the way he does business. By stepping up recycling efforts, he’s saved $400 to $500 a week on trash pickup. And he’s cut out credit cards as an option for members paying monthly bills, chopping $40,000 a year off administrative costs. Those are just two of the cost-cutting strategies that the North Plains, Ore., club has implemented to combat the ris18 Golf Inc. October 2008 ing costs of doing business in these tough economic times. It would be hard to identify an aspect of golf course development and operations that has not been negatively impacted by inflated costs, from construction materials to fuel to food and beverage supplies to maintenance products and equipment to labor. So what are golf executives doing about the escalating costs?
Table of Contents Feed for the Digital Edition of Golf Inc. - October 2008 Golf Inc. - October 2008 Contents From the Editors: Smaller is Less Costly Survey Reveal Golf's Economic Impact in EMA Private Club Managers Earn Bigger Salaries Dyes Mourn Loss of Family Member Changing Demographics Impact European Golf Scene RDC Golf Group Finds Affordable Golf Niche Links at Summerly Offers Unique Twist Cost Crunch Most Powerful People in Golf Contractors Focus on Renovations, International Projects Troon, IMG Reach Into Booming Middle East Market Americas Recap: New Player Design in Mexico Europe-Africa Recap: Moroccan Lakeside Development Asia-Australia Recap: 3 Billion Dollar Resort in Vietnam The Last Word: There's No Substitute for Good Friends on a Golf Course Golf Inc. - October 2008 Golf Inc. - October 2008 - Golf Inc. - October 2008 (Page Cover1) Golf Inc. - October 2008 - Golf Inc. - October 2008 (Page Cover2) Golf Inc. - October 2008 - Contents (Page 3) Golf Inc. - October 2008 - From the Editors: Smaller is Less Costly (Page 4) Golf Inc. - October 2008 - From the Editors: Smaller is Less Costly (Page 5) Golf Inc. - October 2008 - Survey Reveal Golf's Economic Impact in EMA (Page 6) Golf Inc. - October 2008 - Survey Reveal Golf's Economic Impact in EMA (Page 7) Golf Inc. - October 2008 - Survey Reveal Golf's Economic Impact in EMA (Page 8) Golf Inc. - October 2008 - Private Club Managers Earn Bigger Salaries (Page 9) Golf Inc. - October 2008 - Dyes Mourn Loss of Family Member (Page 10) Golf Inc. - October 2008 - Dyes Mourn Loss of Family Member (Page 11) Golf Inc. - October 2008 - Changing Demographics Impact European Golf Scene (Page 12) Golf Inc. - October 2008 - Changing Demographics Impact European Golf Scene (Page 13) Golf Inc. - October 2008 - Changing Demographics Impact European Golf Scene (Page 14) Golf Inc. - October 2008 - RDC Golf Group Finds Affordable Golf Niche (Page 15) Golf Inc. - October 2008 - Links at Summerly Offers Unique Twist (Page 16) Golf Inc. - October 2008 - Links at Summerly Offers Unique Twist (Page 17) Golf Inc. - October 2008 - Cost Crunch (Page 18) Golf Inc. - October 2008 - Cost Crunch (Page 19) Golf Inc. - October 2008 - Cost Crunch (Page 20) Golf Inc. - October 2008 - Cost Crunch (Page 21) Golf Inc. - October 2008 - Most Powerful People in Golf (Page 22) Golf Inc. - October 2008 - Most Powerful People in Golf (Page 23) Golf Inc. - October 2008 - Most Powerful People in Golf (Page 24) Golf Inc. - October 2008 - Most Powerful People in Golf (Page 25) Golf Inc. - October 2008 - Most Powerful People in Golf (Page 26) Golf Inc. - October 2008 - Most Powerful People in Golf (Page 27) Golf Inc. - October 2008 - Most Powerful People in Golf (Page 28) Golf Inc. - October 2008 - Most Powerful People in Golf (Page 29) Golf Inc. - October 2008 - Most Powerful People in Golf (Page 30) Golf Inc. - October 2008 - Most Powerful People in Golf (Page 31) Golf Inc. - October 2008 - Most Powerful People in Golf (Page 32) Golf Inc. - October 2008 - Most Powerful People in Golf (Page 32a) Golf Inc. - October 2008 - Most Powerful People in Golf (Page 32b) Golf Inc. - October 2008 - Most Powerful People in Golf (Page 33) Golf Inc. - October 2008 - Most Powerful People in Golf (Page 34) Golf Inc. - October 2008 - Most Powerful People in Golf (Page 35) Golf Inc. - October 2008 - Most Powerful People in Golf (Page 36) Golf Inc. - October 2008 - Contractors Focus on Renovations, International Projects (Page 37) Golf Inc. - October 2008 - Contractors Focus on Renovations, International Projects (Page 38) Golf Inc. - October 2008 - Contractors Focus on Renovations, International Projects (Page 39) Golf Inc. - October 2008 - Troon, IMG Reach Into Booming Middle East Market (Page 40) Golf Inc. - October 2008 - Troon, IMG Reach Into Booming Middle East Market (Page 41) Golf Inc. - October 2008 - Troon, IMG Reach Into Booming Middle East Market (Page 42) Golf Inc. - October 2008 - Americas Recap: New Player Design in Mexico (Page 43) Golf Inc. - October 2008 - Europe-Africa Recap: Moroccan Lakeside Development (Page 44) Golf Inc. - October 2008 - Asia-Australia Recap: 3 Billion Dollar Resort in Vietnam (Page 45) Golf Inc. - October 2008 - The Last Word: There's No Substitute for Good Friends on a Golf Course (Page 46) Golf Inc. - October 2008 - The Last Word: There's No Substitute for Good Friends on a Golf Course (Page Cover3) Golf Inc. - October 2008 - The Last Word: There's No Substitute for Good Friends on a Golf Course (Page Cover4)
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