LIFE CYCLES OF
GOLF COMMUNITIES AND CLUBS
One of the more interesting dynamics we encounter from time to time is the life cycle of golf communities and clubs.
There is a fundamental difference between primary communities and their clubs and those of second-home, retirement, resort and vacation destinations. With primary communities and clubs, the life cycle is longer. In a primary community, often buyers are in their 30’s and 40’s and raising families. The tend to stay for longer periods of time unless their employment forces a relocation. Accordingly, the associated club can expect a longer term member. Conversely, in second home, retirement, resort and vacation destinations, typically the buyers are in their 50’s and 60’s (or older) and the club in particular may suffer from having that member for a shorter period of time.