Several questions arise when discussing today’s Private Country Club’s survivability. What is causing Country Clubs to fail? What can Country Clubs do to avoid bankruptcy? What is the attitude towards Country Club lifestyle by the next generations golfers? Just to mention a few. I discussed most of this in my recent blog..Why Are Country Club […]
Country Clubs: Younger Golfers Are Not Understanding Them
Why Are Country Club Giving the Baby Boomer Golfers the Shaft?
The Cost of Turning an Old Country Club to New
Sitting tight would be the wise thing to do, but if the infrastructure of a country club is costing more a month to repair than the monthly interest on a capital improvement note then maybe sitting tight is not the right answer.
Increasing revenue is the optimum option which would usually mean raising membership fees or bring in new members. The thinking that these two options are the only ways to raise revenue is where most governing boards and owners of country clubs begin to limit themselves.