Why so many country clubs are undertaking massive capital-improvement projects | Courses
Membership elevated by roughly 200 after the enhancements. The members are utilizing the membership loads. “We went from being an $8-million membership (in gross income) to a $13.5-million membership in about six years,” Cutler says. One in all his latest challenges is managing the tee sheet. “Golfers had gotten used to simply strolling as much as play, and so they can’t try this anymore.”
At North Ranch Nation Membership exterior Los Angeles, dwindling curiosity in new memberships led the membership to drop its initiation payment from a excessive of $75,000 within the early 2000s to a low of $18,000. The way in which the membership was arrange, members may stop solely when there was somebody new to take their place—and new members had been onerous to return by. It appeared destined to turn into one among Ray Cronin’s financially distressed “crimson bucket” golf equipment.