Full tee sheets and the financial health of America’s golf courses can attest to that. In our “crystal ball,” we just can’t see a domestic golf course building boom in our future (land in or near population centers is too scarce and expensive).
However, relative to previous periods of golf supply expansion, we have seen a modest uptick in the development and construction of new golf courses. The new tracks are disproportionately high-end private and resort courses, many of them special enough to justify their “destination” status.