Golf is an $84-billion industry nationwide according to a study commissioned by the World Golf Foundation that was released in 2016. The impact was up 22% from a similar study released in 2011. The game also supports almost 1.9 million jobs and $58.7 billion in compensation and more than 15,000 businesses are closely associated with golf.
In Nevada, the golf industry also has a large economic impact and the Nevada Golf Alliance has commissioned a state-specific study that will be completed in 2019. All expectations are that it will add up to more than $1 billion dollars and thousands of jobs.
In 2018, the National Golf Industry released its “Golf Industry Report” and it revealed the following:
An estimated 23.8 million people played golf on a course in 2017 — the same as a year earlier. Another 8.3 million played exclusively off-course at facilities like Topgolf, driving ranges or in indoor simulators, putting the game’s overall participant pool at more than 32 million.
The number of U.S. non-golfers who said they are now “very interested” in playing at a golf course hit a new measured high, at 14.9 million. This represents a 16% jump over 2016 and the continued increase in latent demand helped boost the number of golf newcomers (2.6 million) for the fourth year in a row.
There were 456 million rounds of golf played in 2017, an average of 19 rounds per golfer. Total golf course supply declined by 1.5%, with the opening of 15.5 new 18-hole equivalent golf courses and 205.5 course closures, in a continuation of a correction in supply and demand. The U.S. remains the best-supplied golf market in the world with 14,794 facilities, 75% of which are open to all players.
April 7, 2020
The Nevada Golf Alliance, represented by golf facilities and allied associations throughout Nevada, encourages all golfers and golf facilities to follow the latest Best Practices Protocols informed by recent social distancing policies. Each golf facility is encouraged to share their Best Practices on their websites and to inform guests and staff to facilitate a safe environment for all.