According to the 2017-18 edition of Trends in Private Clubs by RSM US LLP, private clubs in Florida have spent $1.49 for every dollar of depreciation they have incurred, and “are staying ahead of the curve when it comes to replacing club infrastructure.” RSM US LLP, a provider of audit, tax, and consulting services focused…
RSM Releases Trends in Private Clubs Report
The 2016-17 edition details the financial and operational trends in private clubs throughout Florida. According to the 42nd annual report, clubs have focused on enhancing the dining experience with more informal and outdoor dining options, and successful clubs are continuing to make capital improvements.
McGladrey’s Trends in Private Clubs Report Finds Clubs “Flourishing”
The 41st annual report on the financial and operational trends in private clubs throughout Florida found that 42% of clubs plan significant projects in the current year at an average cost of $6.9 million, while 54% increased food prices by an average of 4%, and full membership dues increased 3% from prior year levels.