ip_law-hokie wrote:133743Hokie wrote:ip_law-hokie wrote:LOL.. chain restaurants have been a volatile/finicky business - i dunno- forever- turnover there has zero to do with "millennials" - its called "the restaurant business"- google it. Golf courses have never in history catered to underemployed, wimpy 20 something white guys and gals- never.. Golf is back where it has always been for a 100 years- save the artificial "tiger woods" bubble of 2001-2006 that spawned some over-built "daily fee" courses that should have never been built that way in the first place. Motorcycles have been replaced by "scooters" by millennials in the same way "cabs" have been replaced by "uber"- no material difference in the two.
You should take this up with the FAKE NEWS stories blaming millennials for killing X business.
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Nah, it was a funny well done article that made some good points.. and he admits golf is pretty much unchanged from the "norm" over the past 40 years
Agree with that. I may play a handful times each year for social occasions like most other hackers in generations preceding me.
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I'm an avid golfer- but I do not belong to a country club, so I play a lot of different courses- and I enjoy that. I have really not noticed much difference- courses are still relatively crowded on the weekends- even similar to boom levels after the woods phenomenon. Like I said, what HAS changed is some of these "county club like" expensive "daily fee" courses have either closed or changed their business model to offer more affordable rounds- because- shock, not a lot of people cared about being able to play 36 for the same greens fee IF the starter had room for you after your 18... looking back its hard to believe "daily fee" course pricing even took off the way it did.[/quote]
What is the deal with this daily fee stuff? I'm as into golf as much as anyone, and I've never heard of it. Is it a thing to pay for the day instead of the round?
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In the industry, public courses are daily fee courses. You pay to play that day.[/quote]
OK. I've been playing public courses for 22 years and have only paid by the round.[/quote]
Yes. "By the round", "by the day", "Free replays", "Unlimited holes", etc. It's all lumped into the same category in the industry -- either you pay recurring dues (membership) or you pay to play (called daily fee in the industry)[/quote]
Apologist was suggesting that pay by day to be a trend in at least the Tiger years over pay by round.
I think golf's purported demise to be exaggerated. As apologist said, I think it's where it has always been. The Tiger obsession was an aberration, golf is not a mainstream sport for the masses. But it still has a niche of very loyal supporters that is more affluent, and more dedicated to the sport, than your average NFL fan.
If you are in the industry, or were, I'd be fascinated to know how busy a course must be, and at what fees, in order for it to be profitable. I understand they tend to be poor investments.
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Rounds played has been trending down for 10 years. Except for the top end exclusive private clubs, golf clubs (as they have existed historically for generations) are a dying breed. Successful country clubs now focus on the entire family and not just the golfer. 20, 30, even 40 year olds aren't getting with their buddies every Saturday to play. They spend time with their family.
Young people are pressed for time. Can't spend 5 hours on around of golf. They actually spend more time practicing than playing. Private clubs have greatly expanded and enhanced their practice facilities for this reason. More people playing 9 holes (USGA and PGA are both pushing this).
A lot more to thus but essentially golf is declining. Courses grossly overbuilt. Private clubs closing all the time. Public too.
Courses are expensive to build so they carry a lot of debt. Even with courses closing there is a lot of competition for a reduced number of players so cost per round is dropping making it hard to make money. Operational costs are high. Tough business. Courses used to make good money on outings but those are getting fewer and smaller as today's younger person isn't playing as much and don't care to play in such events.