The post Golf Isn’t Getting Cheaper—Here’s How Expensive It’s Become appeared on BitcoinEthereumNews.com. PEBBLE BEACH, CA – FEBRUARY 1991: A general view of the 7th hole at Pebble Beach Golf Links during the 1991 AT&T Pebble Beach National Pro-Am held during February 1991 in Pebble Beach, California. Point Lobos State Natural Reserve is visible at upper left across Carmel Bay. (Photo by David Madison/Getty Images) Getty Images The golf universe has changed substantially since COVID-19, with an influx of new players joining the game. This surge in popularity has led to an estimated 40 percent increase in costs across the board. While rounds at local municipal courses saw the smallest changes in pricing, country club memberships and destination golf experienced significant cost increases. In the Twin Cities, Minnesota (Minneapolis and St. Paul), many major country clubs previously offered memberships with little or no initiation fee; often allowing costs to be amortized over several years prior to COVID. Greg Nathan, CEO of the National Golf Foundation, said the pandemic renewed the need for community among many Americans. The isolation and shutdowns of COVID led people to search for a so-called “third place.” “If home is one place and work is the second place, what’s the third place where you feel like you belong in a community of people? And I think that’s also had a meaningful effect on the demand of private golf in America as you look at all socio-behavioral trends,” Nathan told Front Office Sports. “You could say that private golf is a loose extension of that, in terms of wanting to be part of a community,” he added. Source: https://frontofficesports.com/country-club-initiation-fees-soar-with-golfs-popularity/ Fast-forward to 2025, and those same clubs have significantly raised their initiation fees; one example increasing from $5,000 amortized over five years to $40,000 due in full. The Club at Golden Valley, formerly Golden Valley Country Club, previously offered a zero-dollar… The post Golf Isn’t Getting Cheaper—Here’s How Expensive It’s Become appeared on BitcoinEthereumNews.com. PEBBLE BEACH, CA – FEBRUARY 1991: A general view of the 7th hole at Pebble Beach Golf Links during the 1991 AT&T Pebble Beach National Pro-Am held during February 1991 in Pebble Beach, California. Point Lobos State Natural Reserve is visible at upper left across Carmel Bay. (Photo by David Madison/Getty Images) Getty Images The golf universe has changed substantially since COVID-19, with an influx of new players joining the game. This surge in popularity has led to an estimated 40 percent increase in costs across the board. While rounds at local municipal courses saw the smallest changes in pricing, country club memberships and destination golf experienced significant cost increases. In the Twin Cities, Minnesota (Minneapolis and St. Paul), many major country clubs previously offered memberships with little or no initiation fee; often allowing costs to be amortized over several years prior to COVID. Greg Nathan, CEO of the National Golf Foundation, said the pandemic renewed the need for community among many Americans. The isolation and shutdowns of COVID led people to search for a so-called “third place.” “If home is one place and work is the second place, what’s the third place where you feel like you belong in a community of people? And I think that’s also had a meaningful effect on the demand of private golf in America as you look at all socio-behavioral trends,” Nathan told Front Office Sports. “You could say that private golf is a loose extension of that, in terms of wanting to be part of a community,” he added. Source: https://frontofficesports.com/country-club-initiation-fees-soar-with-golfs-popularity/ Fast-forward to 2025, and those same clubs have significantly raised their initiation fees; one example increasing from $5,000 amortized over five years to $40,000 due in full. The Club at Golden Valley, formerly Golden Valley Country Club, previously offered a zero-dollar…

Golf Isn’t Getting Cheaper—Here’s How Expensive It’s Become

2025/12/07 23:13

PEBBLE BEACH, CA – FEBRUARY 1991: A general view of the 7th hole at Pebble Beach Golf Links during the 1991 AT&T Pebble Beach National Pro-Am held during February 1991 in Pebble Beach, California. Point Lobos State Natural Reserve is visible at upper left across Carmel Bay. (Photo by David Madison/Getty Images)

Getty Images

The golf universe has changed substantially since COVID-19, with an influx of new players joining the game. This surge in popularity has led to an estimated 40 percent increase in costs across the board.

While rounds at local municipal courses saw the smallest changes in pricing, country club memberships and destination golf experienced significant cost increases. In the Twin Cities, Minnesota (Minneapolis and St. Paul), many major country clubs previously offered memberships with little or no initiation fee; often allowing costs to be amortized over several years prior to COVID.

Greg Nathan, CEO of the National Golf Foundation, said the pandemic renewed the need for community among many Americans.

The isolation and shutdowns of COVID led people to search for a so-called “third place.” “If home is one place and work is the second place, what’s the third place where you feel like you belong in a community of people? And I think that’s also had a meaningful effect on the demand of private golf in America as you look at all socio-behavioral trends,” Nathan told Front Office Sports.

“You could say that private golf is a loose extension of that, in terms of wanting to be part of a community,” he added.

Source: https://frontofficesports.com/country-club-initiation-fees-soar-with-golfs-popularity/

Fast-forward to 2025, and those same clubs have significantly raised their initiation fees; one example increasing from $5,000 amortized over five years to $40,000 due in full. The Club at Golden Valley, formerly Golden Valley Country Club, previously offered a zero-dollar initiation beginning in late fall, with memberships around $400 per month. After substantial renovations and a rebrand, the Club at Golden Valley now has a $39,500 initiation fee and monthly dues starting at $816.

Source: https://www.theclubgv.com/membership/golf-membership

In major golf markets, the cost of joining a high-end country club can far exceed published initiation fees. With the influx of golfers, many clubs now have extensive waiting lists. At The Silverleaf Club in Scottsdale, Arizona, the $400,000 initiation fee is often tied into real estate transactions, dramatically increasing the asking price of homes on the course.

“I could ask for an extra million dollars for the home because you jumped the wait list,” John Middlekauff of the 3 and Out podcast said. “They’re coming from Chicago or L.A., so it’s worth it for them to pay way more to jump the line, because it’s one of those things where you can’t really pay people off to jump the line just because you have money.”

Source: https://frontofficesports.com/country-club-initiation-fees-soar-with-golfs-popularity/

These rising costs aren’t limited to country clubs. Destination golf has also become more expensive due to golf’s resurgence. Courses like Pebble Beach, Bay Hill, and TPC San Antonio require a stay to play, adding new layers to the term “public golf.” In 2019, Pebble Beach did not require a stay, and tee times could be booked in advance by off-resort guests. Today, Pebble Beach requires a resort stay—averaging $1,400 per night—to book tee times more than 24 hours in advance. While green fees increased modestly from $550 to $675, the added lodging requirement effectively places a $1,400 surcharge on the experience, making the No. 1-ranked public course cost-prohibitive for many golfers.

BANDON, OREGON, UNITED STATES – JUNE 23: The 217 yard par 3, 6th hole on the Bandon Dunes Course, designed by David McLay Kidd, at the Bandon Dunes Golf Resort on June 23, 2005 in Bandon, Oregon, United States. (Photo by David Cannon/Getty Images)

Getty Images

Other golf-centric destinations like Bandon Dunes and Sand Valley have kept prices relatively stable over the years. However, these resorts continue to add new courses, which increases both the length and cost of trips for golfers seeking the full experience. Sand Valley recently announced two additional courses, The Commons and an unnamed match-play course. A stay is not required, and public tee times range from $100 to $295. Still, each added day required to play the full slate of courses could add around $600 to the cost of a trip.

With waiting lists and destination golf continuing to go up in popularity prices going into 2026 are estimated to go up, asking the question, when will golf hit its pricing limits.

Source: https://www.forbes.com/sites/break80/2025/12/07/golf-isnt-getting-cheaper-heres-how-expensive-its-become/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

EUR/USD posts modest gains near 1.1650 amid Fed rate cut bets

EUR/USD posts modest gains near 1.1650 amid Fed rate cut bets

The post EUR/USD posts modest gains near 1.1650 amid Fed rate cut bets appeared on BitcoinEthereumNews.com. The EUR/USD pair posts modest gains around 1.1645 during the early Asian session on Monday. The prospect of a US Federal Reserve (Fed) rate cut at its December meeting on Wednesday could weigh on the US Dollar (USD) against the Euro (EUR). Later on Monday, the German Industrial Production and Eurozone Sentix Investor Confidence reports will be published.  Markets are currently pricing in a nearly  87% probability of a 25 basis points (bps) rate reduction, which would bring the federal funds rate down to a target range of 3.75%-4.00%. Traders will closely monitor the press conference and a Summary of Economic Projections, or ‘dot-plot,’ for fresh impetus. If the US central bank delivers a “hawkish cut,” this could support the Greenback and act as a headwind for the major pair.  “We expect to see some dissents, potentially from both hawkish and dovish members,” said BNY’s head of markets macro strategy Bob Savage in a note to clients. Across the pond, the Eurozone inflation came in slightly higher than expected in November, reducing the immediate pressure for a rate cut from the European Central Bank (ECB). Economists expect the ECB to keep rates on hold at the upcoming meeting on December 18. Growing expectation that the ECB is done cutting interest rates could underpin the EUR against the Greenback in the near term.  Goldman Sachs analysts anticipate the deposit rate will stay at 2.0% throughout 2026 unless inflation significantly decreases. Meanwhile, Deutsche Bank economists see a probability of a 25 basis point (bps) rate hike by the end of 2026, citing inflationary pressure. Euro FAQs The Euro is the currency for the 20 European Union countries that belong to the Eurozone. It is the second most heavily traded currency in the world behind the US Dollar. In 2022, it accounted for 31% of all foreign exchange transactions,…
Share
BitcoinEthereumNews2025/12/08 10:03
Robinhood’s Bold Crypto Acquisition In Indonesia

Robinhood’s Bold Crypto Acquisition In Indonesia

The post Robinhood’s Bold Crypto Acquisition In Indonesia appeared on BitcoinEthereumNews.com. Strategic Expansion: Robinhood’s Bold Crypto Acquisition In Indonesia Skip to content Home Crypto News Strategic Expansion: Robinhood’s Bold Crypto Acquisition in Indonesia Source: https://bitcoinworld.co.in/robinhood-crypto-acquisition-indonesia/
Share
BitcoinEthereumNews2025/12/08 09:47