Quote:
Originally Posted by darklord700
The 20 minutes tee time seem extreme. You can only sell 3 tee times in a hour to collect 12 green fees. Let's say you open 12 hours a day, that's only 144 green fees for the entire day. With practically no F&B sale, clubs must jack up the green fees to make up the difference.
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Different clubs can handle this differently. It will obviously hit the public courses the most with the green fees, but no F+B sales also means no F+B costs either (aside from the building upkeep and the like) so it offsets there. For some private courses, their F+B operations will have fewer losses than a typical season since most operate at a budgeted loss. Golf-Grab and Go will have to become a popular business model for clubs hoping to get some F+B sales, which might work out a bit.
So the reduced tee access is at least balanced a little by the reduced operating costs (of course the downside of that being much fewer jobs). The government's wage subsidy will be able to help out with the staff they do hire as well.
The key will be for courses to really look at the positives (as cliche as it is). A lot of these reduced costs can potentially carry over into the future. Getting rid of accessories and other superfluous 'services' that have been added proabbly won't be missed much but have a noticeable effect on the bottom line. Same with maintenance and other operational savings that previously didn't seem apparent but now there's a necessity to try new things.
Knowing revenue will be down, trying to think long term: take a bigger hit this year to try and keep things more sustainable long term. Clubs have gotten better at trying to encourage families, it might be worth more clubs offering free golf to juniors under 18 playing with a parent and bigger discounts to the transition group of U25 golfers.
One thing that should be apparent, is that conditions should be pretty good. Later start allowing more recovery time and less wear on the course is good for the turf.