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re: University Club (LSU) golf membership cost
Posted on 2/18/14 at 7:52 am to JOHNN
Posted on 2/18/14 at 7:52 am to JOHNN
quote:
But I guess if people will pay, then why not charge that much?
all depends on your market clientele. Those clubs market to the touring pros and the 1% of america. I couldn't even imagine the initiation fee at last weeks tour stop Rivera CC in Pacific Palisades, CA. I assume 200K plus
1
Posted on 2/18/14 at 7:56 am to theBeard
It's all relative to the club. If you host a huge tourney that brings in loads of cash your fees/dues can be minimal.
example:
Augusta is rumored to have a $25k/year dues
Eat Lake is like $50k
You would expect those courses to be astronomically higher, but they each host 2 of the largest tourneys of the year that generate millions in revenue for the club allowing them to be extremely exclusive, and very cost efficient (to their clientele).
example:
Augusta is rumored to have a $25k/year dues
Eat Lake is like $50k
You would expect those courses to be astronomically higher, but they each host 2 of the largest tourneys of the year that generate millions in revenue for the club allowing them to be extremely exclusive, and very cost efficient (to their clientele).
This post was edited on 2/18/14 at 7:57 am
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