Golf and Country Clubs
SIC 7997 | NAICS 713910
The following guide to industry information, research, and analysis provides sources for industry trends and statistics, market research and analysis, financial ratios and salary surveys, and more.
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Industry Analysis, Trends, Statistics, and Forecasts
Comprehensive market research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:
Club Management Magazine
Quarterly trade magazine features news and information for CMAA members, with topics covered including industry trends, business management, sales and marketing, food and beverage operations, building and facilities management, and more. Current and prior digital editions of the magazine are available online.
First Research profiles cover key aspects of an industry's size, scope, and operations and include a five-year growth forecast. Profile contents include:
Bimonthly trade publication features news and information for board and management personnel, with topics covered in the each issue including strategic planning, membership, marketing, operations, facilities, and technology. Featured articles from current and prior issues of the magazine can be viewed free online.
Publications available from this trade association include:
Navigating the Future: The Outlook For Private Clubs
More Resources ››Industry Financial Ratios
Financial Statements and Financial Ratios
Golf Courses and Country Clubs
https://www.bizminer.com Search for "713910"
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.
CMAA Finance and Operations Report
Annual finance and operations survey includes information on income and expenses, food and beverage operations, course operations, facilities, membership, general administration, and more, with data broken out by revenue (greater than or less than $6 million in revenue) and clubs with and without golf course facilities. Detailed table of contents with a list of tables and figures included in the report can be viewed free online
Clubs in Town & Country
Annual statistical review provides operating and financial performance benchmarks in separate sections by type of club (city, country), and includes information on income from membership dues and fees, food and beverage operations, room rentals, and other sources, and expenses by department (e.g., clubroom facilities, restaurant, golf course facilities, utilities, maintenance, and administrative) with an emphasis on labor costs.
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Compensation and Salary Surveys
CMAA Compensation and Benefits Report
Annual compensation and benefits survey provides information on salaries, wages, and employee benefits for executive management, salaried staff, and hourly staff personnel, with survey data broken out by operating revenue (greater than or less than $6 million in revenue) and clubs with and without golf course facilities. Detailed table of contents with a list of tables and figures included in the report can be viewed free online.
Executive Compensation in the Club Industry
Executive compensation whitepaper analyzes general manager compensation based on individual characteristics (e.g., age, tenure, experience, and education), operational characteristics (e.g., number of employees, annual revenue), and external factors (e.g., geographic location and cost of living), and also includes a comparative analysis of general manager compensation as a percentage of operating revenue.
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Business Valuation Resources
Analysis and Valuation of Golf Courses and Country Clubs
Gimmy, Johnson, Appraisal Institute, 2003
Topics covered in this valuation guide include industry data and trends; classifying and analyzing course facilities; identifying and analyzing market characteristics; overview of the valuation process; cost, income capitalization, and sales comparison approaches; and unique aspects of municipal course facilities, daily fee courses, private clubs, and residential community projects. Table of contents is available free online.