For the record, I hate the term “golf boom.” I’m old and I’ve learned that booms always bust, and busting is no fun. But this thing we’re in now is unprecedented. Rounds continue at record levels, waiting lists for a lot of clubs are bloated, big renovations are happening everywhere, and the pandemic gift that keeps on giving – work from home – continues to shower golf with riches.
So, with nearly five years of post-Covid golf course operations behind us, we’re still experiencing both the highs and the lows of this new, dynamic golf market. Here’s a look at some of the big issues that shaped the world of golf course maintenance in 2024.
The Equipment Saga Continues
Between 2010 to 2020 – from recession to pandemic – I gave the same speech about the state of the industry: supply (the inventory of U.S. courses) would slowly decrease as courses closed but demand (total rounds) would remain essentially flat. I was cautiously optimistic that more kids and women would pick up the game, but there wasn’t anything big on the horizon that promised to jump-start new course construction or grow the business substantially.
Business models for industry manufacturers reflected that. Sales forecasting was a pretty straightforward thing for companies, including the equipment suppliers. Revenue growth of 3%-5% annually wasn’t optimal, but it was predictable in what was largely a flat market. As a result, just-in-time production became the norm.
Then three things happened kind of simultaneously:
First, the market model for golf course mowing equipment shifted for the first time in 40 years as a significant player downsized their presence in the U.S. market. That alone had already started to tilt things when the pandemic threw a giant monkey wrench into just-in-time production globally. Finally, that beautiful burst of golf enthusiasm arrived and, to everyone’s astonishment, course revenues and demand for maintenance supplies went through the roof.
Thus, five years after we all raced out to buy toilet paper and masks, we still have a giant gap between expectations and promises and the reality of actual new equipment delivery. I unscientifically polled Turf X (Twitter) about the current state of things and the feedback was not good. The delivery timeline for new equipment is still not meeting expectations, to say the least.