How the Economy Is Affecting Golf Resorts

The state of Florida is the home of golf resorts. When you want to go golfing in Florida on vacation, chances are that you are going to end up staying at one of the popular golf resorts in the area such as TPC Sawgrass, Champions Gate, Sandestin or PGA National Resort and Spa. All 4 of these places are amazing, and honestly, I really can not say anything bad about TPC Sawgrass.Who really say anything bad about them anyway?

The problem with these four resorts is that they are catering to the same individual all of the time, upper class people making 0,000 plus a year. They don’t allow the real people such as you and I the time of day to come and play at their course, or stay at their resort. Can I blame them… no I really can not? People are not concerned about the economy and this so called recession, so they are paying the money to stay and play there and they are taking advantage of it just like any good business would do.

Now things have changed in the golf resort world, especially in Florida. When the economy started to slow down, the amount of golf being played, and the amount of people staying at Florida golf resorts also started to slow down as well. The 4 popular golf resorts I mentioned above probably haven’t changed their ways yet, but I can guarantee you that they haven’t changes their ways and are probably losing large amounts of money because they haven’t adjusted to this new economy.

In reality, what did this economy do to the golf world? How has it changed the golf world? Will it ever get better? To tell you the truth, I do not have a truthful answer I can give you because a lot of golf courses and resorts are not being honest with themselves or other professionals in our industry. The economy HAS slowed down play in all areas across the country. The economy has made golfers start to play at cheaper courses, or look for special offers that are occurring at particular resorts. No longer can resorts rely on “regular” customers because a lot of those regulars have ditched their home course in search of the best deal.
What can they do about this growing problem? It is very simple; in fact it is really a no brainer. They need to come up with an astonishing promotion that drives traffic to their golf resort. Need an example? I thought you might want to see one.

Juliette Falls is a new golf resorts in Florida in Dunnellon. It is only about an hour away from both Tampa and Orlando and is roughly 15 minutes way from Ocala. It’s a very secluded town in Florida. Juliette Falls has a beautiful course and the nice golf homes are jaw dropping. So what does a Florida private community do when the economy slows and homes stop selling? They came up with a strategic plan that involved a promotion supplement their lost income. Juliette Falls made the decision to start selling special packages that allow you to stay in a stunning million dollar golf homes, play a round of golf on their amazing course full of waterfalls, and enjoy all of the resorts facilities for 9 a night. Who could refuse this offer, I know I couldn’t. What this does is create a new stream of money using assets that they already have. If they sell only two stays for every night of that year, that’s 5,000 a year in pure profits! It also could supply a steady stream of potential home buyers! Why aren’t the other golf resorts thinking this way?

Golf Resorts need to start trying to think outside of the box. In this economy it may be the only way to keep a positive flow of income!