The majority of the golf and club market is enjoying a period of stability that is a welcome relief from ten years of contraction, consolidation, and member attrition/transition.
Forbes Weighs In on State of Golf Industry as U.S. Open Begins
“There remain concerns about the long-term success of the golf industry among a class of Millennials who are gaining purchasing power and are largely the target of networks seeking to raise their floundering ratings,” wrote contributor Darren Heitner. “However, there exist many signs that the state of the golf industry remains strong, despite Tiger Woods’ prolonged absence from the sport.”
Vote of Confidence
By Joe Barks, Editor Established in 1863 by six officials of the U.S. Treasury Department during the height of the Civil War, the stated objectives behind the formation of The Metropolitan Club of the City of Washington, D.C. included “mutual improvement and social purposes.” With the club on the verge of its 150th anniversary, those…