Golf Course Closures Still Trending Downward

As the saying goes: one is an example, two is a coincidence and three is a trend. And while we’re not all the way there yet, indications midway through the year are that the U.S. golf industry is headed for a third straight decline in the number of annual golf course closures. Historically, just over half of annual closures are discovered during the first two quarters of NGF’s annual U.S. verification cycle. If that pattern holds, we might see this year’s closure total finish well below last year’s total of 130.5 (as measured in 18-hole ...