Golf facility investment spending reflects a healthy industry

Although the total supply of golf courses nationwide has dropped some 10% in the last decade, golf facility investment spending has risen considerably to the tune of $9 billion, the National Golf Foundation reports.

Only 200 golf courses have opened in the last 10 years, and some have seen that figure as a bellwether for the state of the overall industry. However, the data from a 2020 NGF study shows that the opposite is true.

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