PerformanceTrak, a publication from the PGA of America and the National Golf Course Owners Association, reported that at the nationwide level, March 2009 rounds were nearly flat at -0.2%, and days open were up 6.7% compared to March 2008.
During March 2009 there were only 9 weekend days compared to 10 weekend days last year, which accounted for some of the decreased play. In total, YTD rounds played stand at 0.3%, with YTD days open up 1.9%.
While overall rounds played were nearly flat for March 2009, there were clear differences in results by facility type. For example, municipal/military/university facilities reported growth of 2.6% in same-store rounds played, supporting a theme that a core segment of golfers had stable demand in March for golf at value/affordable facilities.
Usable same-store golf fee revenue responses were down 10.7%. All other gross revenues (merchandise revenue, food and beverage revenue, and total revenue) were also down in March 2009 compared to March 2008.
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