Golf Biz Soars in Pandemic Year, Growing Sales and Participation
The golf industry is decidedly optimistic heading into 2021 after consumers desperate to escape coronavirus lockdowns sent rounds of play and equipment sales up double digits in 2020, after several years of treading water. Rounds played jumped 13.9% and equipment sales gained 10.1% last year despite widespread course and retail shutdowns in Mar. and Apr., according to Golf Datatech. The increase in rounds was a welcome recovery after 2019’s weak 1.3% increase lapped a 4.8% drop in 2018. It proved to be the largest increase on record since Golf Datatech began tracking data in 1998, topping 2005’s previous record of ... Log in to view full article.