The Golf Business Faces Some Formidable Hazards
Two decades ago, people were clamoring to get into the golf business. It was seen as an almost can’t-miss proposition, and individuals and municipalities alike were looking to cash in. Things changed in a hurry, of course, and today, operations are struggling to stay in the black. To do so, they must be imaginative, flexible, and diverse. For several years now, area golf-course operators have been saying there’s at least one too many courses in this region for the collective good, especially given the downward trajectory of the business as overall play has declined.