[JMintzer]

Originally Posted by BrianL99

You're welcome to check my math, I did it this morning before coffee:

There are approximately 90 Tee Times per 27 Hole Golf Course in Prime Time (1st/2nd Wave). That equals 360 Players per course. There are (10) 27 Hole courses. That equals 3600 players.

Between 8 a.m. & 3:00 PM there are 57 Tee Times at the 18 hole courses. 228 Players/course/per day. That totals 684 Players

Total Play = 4300/day. I calculated the Average Greens Fee Yield = $70. Multiply 4300 players at $70 and you get $301,000.00

Not every Tee Time has a foursome and there are some 9 holers. That said, the cheapest 18 Hole Rate is OBH at $34 + the fees paid for "Enhanced Membership". The lowest rate at most course is $67 (or $49 + Enhanced Membership"). Guest & Non-Resident is substantially higher. Again, I estimated the yield at $70. It could be $62 or even $59. That doesn't change the equation very much.

How much does the "average" golfer spend when he plays golf? Some % take carts. Guests take carts. Many have a beer or lunch ... or, 12 beers and no lunch. How many people take "practice balls"? I figured about $20 a person. It could be less.

If the actually yield is only $50/Person for Greens Fees and the average player spends only $10, the daily total is still $275,000/Day. That's nearly $2,000,000 per week. I'd say that's a significant Cash Cow for the Developer.

Just to give you some basis for comparison, there were 2,562,000 rounds of golf played on The Villages 42 Executive Courses in 2022. That's 167 (9 Hole) Rounds per day. An 18 Hole Championship Course can handle upwards of 250 Players per day and a 27 Hole facility can handle over 375 per day.

You're assuming that all the tee-times are filled. That is NOT the case on the championship courses... Not even in the busy season...