Why Should Private Clubs Know their Market Value? August 8, 2022 Member owned private clubs rarely focus on the market value of the club in favor of a focus on balancing […] by Larry Hirsh
RULES of the Road (Club) – Are they hindering sustainability of the COVID surge? Among the many elements that define the culture of private clubs is each club’s rules. Some clubs are inundated with […] by Larry Hirsh
A Consumer/Culture Based Approach to Private Club Analysis July 13, 2022 Like any business, the foundation of a successful club is based on satisfied customers (Members) continuing to purchase products and […] by Larry Hirsh
A Fresh Look – Is Now the Time to Sell? July 6, 2022 Back in January, I raised the same question. Six months later, the world has experienced some changes. The war in […] by Larry Hirsh
Golf As It Was Meant To Be – The Scottish Highlands July 5, 2022 Last week, after a two year wait and along with several friends I took my son Jack for a golf […] by Larry Hirsh
NGCOA’s Jay Karen on Key Issues Impacting Golf July 4, 2022 This month, our series of interviews with some of golf’s movers and shakers focuses on NGCOA CEO, Jay Karen. I […] by Larry Hirsh
Transparency and the “3 C’s” at Private Clubs June 20, 2022 Among the most common complaints of members at private clubs is a lack of transparency. Not surprisingly, at investor-owned clubs […] by Larry Hirsh
The Golf Pro Crisis & Its Impact on Clubs June 13, 2022 A few weeks ago, Golf Digest ran an article entitled “The Club Pro Crisis” and talked about the long hours, […] by Larry Hirsh
Analyzing Golf Properties – Are they all “Golf Courses?” If I’ve learned nothing else in 35+ years of focusing my appraisal/consulting practice on golf properties it’s that they aren’t […] by Larry Hirsh
Ethics in the Game of Golf June 9, 2022 Ethics, as defined by Dictionary.com, means: “a system of moral principles; or the rules of conduct recognized in respect to […] by Larry Hirsh
Herb Rubenstein, JD, PGA, MPA – A Really Interesting Golfer May 31, 2022 Among the great things about golf is the fascinating folks I’ve encountered in my travels. Herb Rubenstein ranks near the […] by Larry Hirsh
Can Things In the Private Club World Be Too Good? May 25, 2022 Among the things many clubs rely on for capital projects and deferred maintenance is entrance fee revenues. During the past […] by Larry Hirsh
Will Golf Ever be Outlawed? May 12, 2022 Sounds like a crazy question, no? Just last month I wrote that even in these good times for the golf […] by Larry Hirsh
Superstar GM/COO – Geoff Hasley – Roaring Fork Club (CO) April 18, 2022 As anyone in the club industry is aware, a capable General Manager (GM/COO) is critical to the success of any […] by Larry Hirsh
How the COVID “Surge” Impacts Estimating Value April 8, 2022 Just the other day, an old friend and active buyer of golf and club properties called to ask about how […] by Larry Hirsh
Repurposing Real Estate – Even Now, Golf Courses Need a Plan April 6, 2022 Last night, I read about a major Philadelphia Area Mall owner making plans to repurpose some of their properties. Pennsylvania […] by Larry Hirsh
Membership Development & Retention – Steve Graves March 24, 2022 Steve Graves, and his Creative Golf Marketing firm have assisted numerous clubs in developing sound membership development programs. They’ve been […] by Larry Hirsh
The Most Interesting Man in Golf – Brad Klein February 16, 2022 Brad Klein is known to many as the longtime architecture critic for Golfweek Magazine. He’s much more. In the late […] by Larry Hirsh
More Demand than Supply – A Good Problem? February 11, 2022 Just this week, my friend, longtime club attorney Dennis Hiller of Greenberg Traurig raised the issue of compaction and I’ve […] by Larry Hirsh
Private Golf & Country Club CULTURE – “Owners or Customers” February 8, 2022 Among the characteristics prospective members try to assess when joining a private golf or country club is that club’s culture. […] by Larry Hirsh
“ICONIC” CLUBS – More Valuable? Recently, the following question was raised: “Does the iconic status of a club increase the market value of the club […] by Larry Hirsh
Club Master Planning – A Market Based Approach February 1, 2022 With recent surges in membership and increased revenues, many clubs are considering, developing or implementing master plans for their future. […] by Larry Hirsh
Private Clubs, Transparency & Corruption January 25, 2022 Private clubs are to a great degree a microcosm of the broader society. Like our regions and communities, each has […] by Larry Hirsh
Refundable Club Membership Deposits – The Economics January 24, 2022 About 30 years ago, when golf development was booming, many new private clubs focused membership development on the concept of […] by Larry Hirsh
Losing More Golf Courses for Affordable Housing? January 14, 2022 According to an article in “The First Call” by Bradley Klein, California is about to consider a law targeting municipally […] by Larry Hirsh
Market Value and Golf Properties in the COVID Era January 12, 2022 Recently, we’ve come across a few assignments where we provided estimates of market value and then advised our client not […] by Larry Hirsh
Is Now the Time to Sell? January 7, 2022 Over my many years as a consultant, appraiser and broker in the golf course industry, we’ve been privileged to assist […] by Larry Hirsh
2021-2022: What Did We Learn – My 22 Wishes for the New Year December 22, 2021 Last Year at this time we all thought COVID would be short-lived and life would be returning to normal as […] by Larry Hirsh
Why it Pays to use a Specialist December 16, 2021 Some may say this is a self-serving post. So be it. Last week, while traveling I received a call from […] by Larry Hirsh
Golf Course Trees – They Need a Pro too Steve Shreiner, former Eagle Scout, high school wrestler and son of a college professor, decided as a teenager that he […] by Larry Hirsh
Clubs, Success and a “Take it or Leave It” Approach December 5, 2021 This past weekend, I played golf with a friend who had taken a leave from membership at our club for […] by Larry Hirsh
Capital Plans, Change, and Your Club’s Value November 29, 2021 A challenge we often encounter is the valuation or analysis of a club considering or planning capital improvements. If debt […] by Larry Hirsh
Jason Straka – new president of ASGCA November 24, 2021 I’ve known Jason Straka for 20+ years. As a young member of the Hurdzan-Fry team he was involved in the […] by Larry Hirsh
21 Things I’m Thankful for – Thanksgiving ’21 November 23, 2021 2021 has been an interesting and challenging year. On one hand, we’re still dealing with the COVID pandemic and can’t […] by Larry Hirsh
Golf, Inc. 2021 Palm Springs – What’s the Word? November 2, 2021 Last week, I traveled west to Palm Springs to attend and present with Jon Last of Sports & Leisure Research […] by Larry Hirsh
Industry Perspective – Matthew Galvin of Morningstar Golf Matt Galvin is a golf industry presence. His company, Morningstar Golf is a team of experts in their respective disciplines […] by Larry Hirsh
Finding Your Club’s Niche – Build an Identity October 12, 2021 Private or Public, all golf courses and clubs have a potential niche in the marketplace. Market positioning is key to […] by Larry Hirsh
The Politics of Municipal Golf September 15, 2021 Municipal golf has many images. To some, the “muni” is a low cost, high value golf solution. To non-golfers the […] by Larry Hirsh
Club Food & Beverage w/ Tim Brown September 13, 2021 The marriage of golf courses & clubs and their food and beverage (F & B) operations is often anything but […] by Larry Hirsh
Golf Courses & Extreme Weather – Dan Meersman of Philadelphia Cricket Club September 10, 2021 While the cause is debated, there is no argument that climate change is a real phenomenon. The broad reach of […] by Larry Hirsh
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