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re: Post Covid golf greed

Posted on 2/2/23 at 3:47 pm to
Posted by bopper50
Sugarland Texas
Member since Mar 2009
9209 posts
Posted on 2/2/23 at 3:47 pm to
quote:

More people are playing golf. Supply and Demand. When people quit buying the tee times the price will come back down. Golf courses are businesses.



You would think that would be the case, but not always.

Meadowbrook Farms here in Houston area during the week would rather have 10 cars in the parking lot at a 70.00 green fee than lowering the price to 50 bucks and filling up the course.

And since covid, a lot of courses have forgotten how much food and beverages profits add to the bottom line.

Posted by DestrehanTiger
Houston, TX by way of Louisiana
Member since Nov 2005
12497 posts
Posted on 2/2/23 at 4:00 pm to
quote:

Meadowbrook Farms


I've played there once when the weekend rate was $100. I figured I'd see if it was worth it. When it pops up in Golf Now, I am astounded that the rate has gone up to $115. It's just not a great course. I'd much rather play Cinco for the same rate, let alone lower.

I've mentioned it before, but the same thing is happening with Black Horse. I cannot believe that people are paying $150 on the weekend to play an average course. They're losing a ton of money the last few days. It's still under water after the rain from the weekend.
Posted by 0jersey
Paradise
Member since Sep 2006
1842 posts
Posted on 2/2/23 at 9:04 pm to
I get all the people saying "supply and demand", but my point is really that these courses just are not supplying anywhere close to the value anymore.

It was always significantly more to golf in the winter here. But living here as a resident you could at least count on the summer rates in the heat to be reasonable.
These days every course wants you to buy their "card" that includes one or two other courses for discounted rates. I buy a Troon card every year for about $500 and every year they reign in the 2 for 1 greens fee perks a little more. The rates are a bit more reasonable, but it's not just me. All my buddies out here can't believe what some of these goat ranches are charging these days not just during this unique week.

Let me phrase it to you this way- Would you pay $150 to play Santa Maria? How about $395 to play TPC? If the Bluffs were still around I'm sure you would be ok with the once a year $450 price tag right?

Supply and demand? It's cool you could still play Webb for $90 or City Park for $65 (only after 1pm though otherwise it's $110 and $90)

I play about 80-110 rounds a year and I would join a club if I could but there are long wait lists and the initiation fees are stupid. I'm talking $65k to $350k prior to dues.

Part of me is ready for the upcoming correction.

I get that fertilizer and other costs have gone up, but when you are getting $75-$300 a round and you don't have to take but 6 weeks off for overseed all year you aren't barely making profit. You are raking it in.

Anyway, hopefully prices don't get out of control where you all live. I can just tell you it really sucks to be paying high fees for garbage courses.
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