I really think the golf industry as a whole is facing a perfect storm over the next 2 years. I think its gonna get really ugly.
Golf courses:
:shark::shark::shark::shark::shark:
Golf courses:
- Losing membership due to an aging population.
- Not gaining new, younger members to make up the losses above.
- Companies like mine cutting back almost entirely on sponsorship of golf tournaments and outings for this coming season.
- Alot less corporate golf this coming year.
- Alot less disposable income for players particularly retirees and people with families.
- Players cutting back any way they can including walking rather than riding and cutting back on tips etc..
- Too many new courses built in recent years to support the number of golfers and their dwindling golf budgets in this economic downturn.
- Nothing new this year that is really worth buying.
- People may buy new iron sets and wedges this year but they definately will not be running out to the store next year to buy the latest V-groove sets.
- Less disposable income
- Fewer people playing the game.
:shark::shark::shark::shark::shark: