STABILITY VS. CHANGE - WHERE'S THE BALANCE?
Recently, we’ve been privileged to work on several assignments that are unfortunately the result of golf facilities that had ceased operations and in all but one case seeking alternative uses. Though we all know about the trend of golf courses shutting down, preliminary estimates show that 2016 closures exceeded 200 courses nationwide, which would top previous years.
The golf industry continues to seek reasons for this decline and mobilize efforts to turn things around. Here are some observations I’ve made in my travels to private clubs, daily-fee courses and everything in between: