The Pellucid Perspective - August 2017 - 4

GOLF INDUSTRY
OPERATIONS

While it may be simplistic to break US golf course inventory into neat
thirds of safe, at risk and definite goners, golf course closures and
attempts at re-purposing are likely to continue for the foreseeable future.

becoming increasingly important.
Of course, we wouldn't be doing this work if there wasn't interest in "re-purposing" golf course acreage. Cash strapped municipalities are finding it harder to kick the can down the road
with bandaid repairs, bringing in outside management and trying
alternative activities such as Footgolf. Many such as Tucson are
starting to realize that neglected maintenance, irrigation replacement and other deferred capital expense needs will eventually
lead to expensive renovation projects. Some are even starting to
realize that the current competitive landscape will make it difficult to forecast the ability to amortize those projects.
ted out in his
These decisions are never easy. As Jim poin
for potential
ified
ident
e
cours
ar-ticle, there are core users of a
There are
s.
nent
oppo
vocal
re-purposing that can be very
clients
our
of
one
as
and
s,
often is-sues of political correctnes
ent of
elem
in
certa
a
be
to
s
in Ohio is experiencing, there seem
of
spite
in
ge
chan
any
st
almo
the popula-tion that will oppose
the merits of redevelopment.

While it may be simplistic to break US golf course inventory
into neat thirds of safe, at risk and definite goners, golf course
closures and attempts at re-purposing are likely to continue for
the foreseeable future. For privately owned golf courses and municipal courses alike, the challenges of declining participation and
changing demographics are taking their toll. While private sector
courses many times have the closure decision forced by a nervous
bank, disgruntled shareholders and/or bad project planning in the
first place, it remains to be seen if municipalities will be able to
make some tough decisions in the face of inevitable public outcry,
complicated land use issues and the ghosts of previous governmental decisions.
The inevitable re-balancing of the US golf course inventory
will not be completed until both private and municipally owned
golf courses address the issues of changing demographics and
recognize the realities of their respective local environments.
At least there are an increasing number of municipalities taking
those steps.
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4 The Pellucid Perspective

August 2017


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Table of Contents for the Digital Edition of The Pellucid Perspective - August 2017

TOC
Like snowflakes, each golf course is unique
Golf equipment direct-to-consumer distribution: Force to be reckoned with or passing fad?
Parsons and PXG take club fitting to a new level, and price point
July golf weather impact: Much-needed national “bounce”
Boston metrics favorable, but more rounds needed
Moving day for the PGA, and Justin Thomas
The Pellucid Perspective - August 2017 - TOC
The Pellucid Perspective - August 2017 - Like snowflakes, each golf course is unique
The Pellucid Perspective - August 2017 - 3
The Pellucid Perspective - August 2017 - 4
The Pellucid Perspective - August 2017 - Golf equipment direct-to-consumer distribution: Force to be reckoned with or passing fad?
The Pellucid Perspective - August 2017 - 6
The Pellucid Perspective - August 2017 - Parsons and PXG take club fitting to a new level, and price point
The Pellucid Perspective - August 2017 - 8
The Pellucid Perspective - August 2017 - July golf weather impact: Much-needed national “bounce”
The Pellucid Perspective - August 2017 - 10
The Pellucid Perspective - August 2017 - 11
The Pellucid Perspective - August 2017 - Boston metrics favorable, but more rounds needed
The Pellucid Perspective - August 2017 - 13
The Pellucid Perspective - August 2017 - 14
The Pellucid Perspective - August 2017 - Moving day for the PGA, and Justin Thomas
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