The world of golf courses is changing and it’s getting cheaper.
The first and most obvious change is that courses are no longer built in the same style as they were 50 years ago.
Today’s golf courses, which include tees, fairways, greens and even course buildings, are not the same as the ones that were built back in the 1970s.
“We’ve been very clear from day one that these courses are going to get better and better,” said Mike Soll, the CEO of Golf Course Designers International.
“It’s not just that there’s a lot of change over the last decade or two, there’s been a lot more to it than that.”
In 2016, golf courses in the United States increased by over 2.3 million acres.
That’s up from 1.8 million acres in 2015.
In 2018, courses in Florida rose by over 300,000 acres, the largest increase in the country, according to the Golf Course Association of America.
The next largest increase was in Georgia, where courses grew by nearly 7.4 million acres between 2017 and 2018.
This trend is expected to continue in 2019.
“Our industry is changing, but that doesn’t mean we’re not looking at it,” Soll said.
“The trends are definitely in the right direction.
And I’m excited about that.”
The rise in costs isn’t limited to the cost of the course itself.
Course designers are also getting paid more for their work.
“I think the industry is growing at a pace that’s very sustainable, so it’s a matter of getting paid for that growth,” said Dave Reisz, the founder of the Soll Golf Course Development Group, which helps design and build courses.
Soll also noted that golf courses have an impact on golf courses around the world, such as at the Royal Palm Golf Club in the Netherlands, which opened in 2017.
The new facilities are designed to accommodate the growth of the sport in those countries.
“As we’ve seen the popularity of the game rise, we’ve also seen that our courses have become increasingly popular as well,” he said.
The golf industry is a fast-growing industry and Soll expects the trend to continue.
“There’s no question that our sport has taken off in countries around the globe,” he added.
“So we’re very excited to see where this growth goes.”
For golf course owners like Reisx, the rising costs are good news.
“When the prices went up, the courses were being built on the spot.
Now they’re being built out over time,” he told National Geographic.
The cost of construction, however, has increased for golf courses all over the world.
While some courses are being built with the lowest bids, others are being financed with more expensive mortgages and construction costs are escalating.
Sull says there’s not much that can be done to change the industry’s financial model.
“At the end of the day, we’re trying to find ways to keep it sustainable, which is what we want,” he says.
“But there are many factors that affect a company’s finances, and not every company is going to be able to do that.”
And if you’re looking to buy a course, you might be more interested in the financial aspects of golf than the golf itself.
According to Soll and other golf course developers, the average home price in the U.S. is $1.6 million.
While the average price of a golf course is likely to increase by 20% in 2019, it will likely be even more if the price of the courses continues to increase.
“You need to have the financial capacity to finance your courses, and then you need to be ready to meet the demand,” Sull said.
With more and more courses being built, there will be a demand for courses of all types, which could make it more difficult for golf course designers to build them.
And with a number of major cities and other large cities around the country looking to have more golf courses on their streets, this is something that needs to be considered, said Reis, the Sll Golf Course Developer.
“And I think that’s one of the major concerns people have with golf,” he continued.
“People are not getting the best amenities in terms of playing golf.”
To get a sense of how the golf industry might be affected by the rising cost of course construction, we spoke to Dave Reissz about how he and his team are using a combination of technology and marketing to help golf courses meet demand.
For example, Reiss says he’s using data to create marketing materials that include real-time stats and reviews about the courses.
And while his marketing materials are geared toward golf courses with an average price tag of $400,000, Reis said that’s only the tip of the iceberg when it comes to marketing opportunities.
“If you look at some of the more expensive golf courses that are built, they’re just not