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Arizona Update: 'Getting Hit From All Sides'
The Arizona Republic starts the new year with an update on the overall golf market in Phoenix and the surrounding suburbs. In summary: golf course owners and developers aren't noticing any rebound, at least not yet. Some, uh, highlights:Many private...
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The Meaning of a Strong Golf Club Market
Are golf club memberships a reliable indicator of overall economic health?We've written on this blog throughout the year of the downturn in the private golf club market in both the United States and the United Kingdom. But here is the...
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Nancy Berkley on the FedEx Cup and Liberty National
As I was following the coverage of the Barclays, the first event in the PGA Tour's Playoffs schedule, I was particularly intrigued by the "Deeds & Weeds" related angle: the host site, the very private Liberty National GC, which cost...
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Skibo Castle Goes Into the Red
Skibo Castle, the lavish private golf club and sporting retreat near Dornoch, Scotland -- once part of the private club empire of Peter de Savary and probably best known for hosting Madonna's 2000 wedding to film director Guy Ritchie --...
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Wheeling and Dealing in Richmond
Read many of the stories about private golf clubs these days, and you would think they were a dying breed. Then you read an article like this, from Thursday's edition of the Richmond, Va., business publication Richmond BizSense, and you...
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Golf's Economic Woes Make the CBS News
Looking for proof that the golf economy is actually struggling? On Saturday's edition of the CBS Evening News, correspondent Jeff Glor filed a story about that very subject, focusing mostly on The Hamlet G&CC on Long Island. You can watch...
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Bonita Bay Group Troubles Worsen
The financial struggles of Bonita Bay Group continue. As this story in today's Naples Daily News reports, the company's CEO is resigning, four of its golf courses are about to shut down for the entire summer to save costs, and...
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Tough Times in Ohio
From Sunday's Columbus Times-Dispatch, a story on the local golf market. I'm afraid to say it's another version of a familiar story: In Ohio, as in most states, golf isn't as popular in 2009 as it was in, say, 1999....
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Trump Sets New Fees at Lowes Island
In February, Donald Trump added to his golf course portfolio by buying the Lowes Island Club, a 36-hole private club on the banks of the Potomac River in Loudon County, Va., for $18 million. At the time, the real estate...
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Sacramento's Serrano CC Mulls Initiation Fee Cut
We have written about the struggling private golf club market in Sacramento several times in the last couple of months and here is the latest chapter: Serrano CC in suburban El Dorado Hills is considering a plan to cut its...
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Deeds and Weeds continues
