News

Last Update :5/9/2019

Apr Weather Impact, Up But vs. Low "Comp" month

April Golf Weather Impact:

Significantly Beat a Low "Comp"

April’s results, on the surface, were a significant "beat" as Golf Playable Hours (GPH) improved 19% compared to the same month last year. That padded our gain for the Year-to-Date (YtD) period which is now +9%. YtD regional GPH breadth strengthened to 1:1 with 23 favorable regions countered by 17 unfavorable regions (with 5 in the neutral zone of +/- 2% with all 45 regions now "in season" based on Pellucid's weather-based rules). Looking at weather impact performance by day-of-week for the YtD period, both weekparts (weekday vs. weekend) were up but with negative and neutral variances when broken down to the individual days (Fridays stand out as weather-negative YtD). Once again, the Year-End (YE) forecast shows a downward revision from the previous reading so we're having to slightly temper our early season optimism that we'll get a significant bounce from last year's abnormally poor weather (our subscribers and SoI attendees know the initial number, everyone else will have to either guess or order one of our weather impact reports/services (see link below) to put you “in the know”).

 

Played Rounds data for March published by Golf Datatech registered flat to year-ago which was disappointing when coupled with the previously-reported GPH gain which yields a drop in the key Utilization metric for the month. That drop compounded the YtD Utilization unfavorability so, once again, our ability to generate demand even matching weather continues to lag (Played Rounds down vs. Available Rounds up). As always, beneath this national picture, there are winners and losers in both Played Rounds and Utilization Rates among the 61 key Markets (including Pellucid's designated Top 25 markets) and this next-level-detail of results is also available to Pellucid Publications members and Geographic Weather Impact report subscribers.

 

Jim Koppenhaver comments, "On the surface, I'm happy with the double-digit gain in GPH for the month. It begged the question however of how the month compared to the 10-year average which showed that April, weather-wise, was basically flat vs. that benchmark of normal. So, we got a good bounce vs. a really poor April of '18 but, like in Chicago, it was not a particularly memorable month for us as golfers with a mix of warm/cold/rain/snow (yes, we had 2 snow accumulations in April this year, go figure). So, depending on whether your course did its financial planning vs. last year or vs. the multi-year norm (our perennial recommendation), you'll either be happy with your comparative report or concerned. Among Pellucid's Top 25 US Golf Markets for the YtD period, Seattle now stands as the only Utilization gainer while Dallas/Ft Worth and Atlanta switched spots for the leading laggard crown. Again, if you want to know which of our Top 25 Golf Markets posted Utilization gains, how much and what the diagnostics are behind those gains, just go to our website and get on the Monthly Weather Impact subscription or sign up for Cognilogic (facility-level access via the web)."

 

A broader and more detailed scorecard of the monthly key industry metrics can be found in Pellucid’s free digital magazine, The Pellucid Perspective. To register to get the current and future editions, go to www.pellucidcorp.com/news/elist, fill in the information and you'll be registered for the next edition on 5/15/19.

 

Intelligent, curious and courageous industry stakeholders wanting the detailed metrics and monthly updates on weather impact at the national, regional and market level as well as utilization and the full year forecast numbers have two subscription options:

GEOGRAPHIC WEATHER IMPACT ANALYSIS TRACKING

 

12 reports annually at national, 45 weather regions and 61 key markets levels, all for $299.

 

SUBSCRIBE HERE

PELLUCID PUBLICATIONS MEMBERSHIP

An even better value (at $495)

includes the Geographic Weather Impact Tracking report as well as:

·    Outside the Ropes

·    State of the Industry report

·    Top 25 US Golf Markets Health Scorecard

·    National Golf Consumer Franchise Scorecard

 

SUBSCRIBE HERE

For Individual Facility Owner/Operators

 

For individual facility owner/operators who need facility-level history, current year results by month and day-of-week and full year forecast data, Pellucid/Edgehill’s self-serve, web-delivered, real-time weather impact service product, Cognilogic, is your answer. It’s available for $240 for the year-end report and unlimited annual access via the Cognilogic web portal or $120 for a single year-end report. For more information, contact Stuart Lindsay of Edgehill Golf Advisors (edgehillgolf@msn.com) or Order Cognilogic.

 

You can order any of the above information services via Pellucid's Online Store.

 

Sincerely,

 

Jim Koppenhaver

Visit Our Website

 

Pellucid Corp.

680 Mayfair Lane

Buffalo Grove, IL 60089

847-808-7561



[ More News ]


Join NGCOA Mid-Atlantic - Great Membership Benefits!

Join Our Team! Part-Time, Remote Sales Role with NGCOA MA

Don Rea Jr. Elected as 44th President of the PGA of America

Acquisition Opportunity - Hillendale Country Club (MD)

New Georgia Listing!

NGCOA Mid-Atlantic Elects New Board for 2025

Can you assist Hurricane Helen- damaged golf courses?

Summer Edition of the Mid-Atlantic Golf Business Newsletter Now Available!

Golf Property Economics

New Listing! Hilda W. Allen Real Estate

Breaking News: Henrico EDA buys local golf course, The Crossings, aims to make it long-term home for PGA tourny

Mid-Atlantic Golf Business Newsletter - Spring Issue with NC

Who Should Run Clubs

Women's Golf Day Events Celebrate Record Attendances

What Defines a Club's Culture?

Selling Your Golf Course - Treat the Patient, not just the Disease

The Golf Property Analysts 2024 Market Report

The Cost of Golf - There Might be a Better Way

Click to Watch the Video - Lee Coble Receives USGA Dey Award

NGCOA MA Mouns the Loss of Frank Edward Herrelko Jr.

Lee Coble Honored by USGA

Members Take Charge at Lakeside Golf Club

NGCOA Seeking Events Manager - click for info

Middle Atlantic PGA Section Announces 2023 Special Award Winners

Partner News: Better Billy Bunker Buzz

NGCOA Announces Education Highlights for Golf Business Conference 2024

The Federal Club in Glen Allen, VA seeks General Manager

Bayville GC gains Audubon certification

Cost Versus Value - They're Not the Same - Why Does it Matter?

Williamsburg National GC (36 holes) Seeks Director of Agronomy and Grounds

Accountability & Fiscal Responsibility in Club Governance

Bunkers - Do They Really Matter?

2023 NGCOA MA Annual Award Winners Press Release

NGCOA MA Annual Meeting Registration Open, The Crossvines Winery and Poolesville Golf Cousre, Wednesday, October 4th

Current Golfer Mindset and it’s impact on Facility Planning

Sagacity Golf Partners with NC GCOA

Virginia Beach Golf Trips Made Easy

Custom Williamsburg Golf Trips with Golden Horseshoe, Kingsmill & Condos

Ready to Sell?, Aerification and Prof. Jakubowski on Golf Turf and Water

For Sale: The Crossings Golf Club, Durham, NC - Hilda W. Allen Real Estate

Save the Date - October 4th, NGCOA MA Annual Meeting at Poolesville GC

Club Tax Assessments, The Concept of Value and RSM's Phil Newman on Finances

NGCOA MA / NC Summer Newsletter - click here to read

Reminder: The Latest from Golf Business Advisors!

Call for Offers - Westchester CC (FL)

Golf Acquisition Opportunities (3) - FL, PA, & NY

National Golf Day - 2023 - Outside the Box

Golf Course Acquisition Opportunity - Country Club of Otterkill (NY)

Debt - The (not so) Silent Club Killer

The Cost of Golf - Is it $ustainable?

National Golf Day Registration Open

​Private Club Governance & Management - Defining Roles

Virginia Golf Colleagues Mourn the Loss of Paul Michaelian

NCA Webinar on Your Club's Real Estate Tax Assessment

Golf Property Analysis & Valuation - 2nd Edition Now Available

Erik Larsen incorporates traditional elements into St. Johns (FL) Golf Course to Rave Reviews

Choosing the Best Management for Your Club or Golf Course

Measuring Performance, Selling Solutions, Clubs, Fraud & a Hotline, & The GPA Practice Tee

Fall Issue of Mid-Atlantic Golf Business Newsletter Joint with NC GCOA - Click Here to Read

Register for the 2022 NGCOA MA Annual Meeting, November 2

Selling in Uncertain Times - Develop a Strategy

Just Listed by Hilda W. Allen Real Estate, Inc.

Some Reponse to Why Clubs are Closed on Mondays

Save the Date NOW for Golf Business Conference 2023

Summer Issue of Mid-Atlantic Golf Business Newsletter Joint with North Carolina GCOA - Click Here to Read!

Golf Property Analysts - Private Club Planning, Golf as it was meant to be, Is It Time to Sell?

A Consumer/Culture Based Approach to Private Club Planning

Transparency at Private Clubs

The Golf Pro Crisis & Its Impact on Clubs

Golf Property Analysts - Your Club's Tax Assessment

Hilda Allen - the source for golf course sales and advising owners

NGCOA Mid-Atlantic Annual Meeting Set for Nov. 2 at Independence GC in Richmond

Fairfax County Park Authority seeks Golf Course General Manager

Announcing Facility BMP Virtual Workshop and Prize Contest

Another Beautiful Listing by Hilda Allen Real Estate!

Just Listed by Hilda Allen - The Frog GC in Georgia, a Fazio Design

National Golf Day 2022 - Information and Registration

Mattaponi Springs Golf Club in Ruther Glen, VA Seeks General Manager

Larry's Interview on TurfNet Renovation report Podcast

Golf Leagues - A Lightspeed Guide to Growing Business

Register your course for Women's Golf Day - June 7th

Download the Pellucid Presentation at the Annual Meeting

Golf Property Analysts - Time to Sell?

New Listings and Recent Sales from Hilda Allen Real Estate

Hanover Golf Club sold to unidentified local buyer

Club Master Planning - A Market Based Approach

January Abstract OtR: '21 Sol Scorecard is 6 birdies, 2 pars!

Damon DeVito Named the 2021 Mid-Atlantic Golf Leader

Golf Course Acquisition Opportunity - Maryland - For Sale By Auction

Sep Weather, Aug Util; steady, solid results against strong "20 comps"

Employee Retention Tax Credit May Save You Thousands $

Glenwood Golf Course redevelopment gets planning commission approval

Google's New "Local" Ads Provide Big Advantages to Golf Courses

The Appraisal Journal - Valuation of Private Clubs for Tax Assessments

Morning Read and Sports Illustrated Announce Editorial Partnership

Is it Time to Review Your Golf Property Tax Assessment?

 



Join Our Email List