Tabellab
Industry Finance Intermediate

Golf Course Economics: Rounds, Tee-Sheet Utilisation, Green Fees & Maintenance

Run the numbers of a fictional 18-hole club: playable days and round capacity from daylight and tee intervals, tee-sheet utilisation by daypart, green-fee yield and dynamic pricing, dues per member round, food & beverage and pro-shop profit per round, maintenance cost per hole, acre and round, weather scenarios with a line chart and a club P&L with a capex reserve: 8 graded labs with illustrative numbers.

8 lessons 8 labs 1.9 h Certificate

The first lesson is free — no account needed.

About this course

A golf course economics course that runs the numbers of one fictional 18-hole club, Larchmere Golf Club, in a spreadsheet, for golf club managers, board and finance committee members, hospitality students and golf investors. You turn calendar days, closures and daylight into playable days and the season's round capacity, measure tee-sheet utilisation by daypart and colour the weak slots, calculate green-fee revenue, revenue per available round and the effect of dynamic weekend pricing, find the dues per member round and how often a member must play to beat the visitor fee, measure food & beverage and pro shop profit per round, cost course maintenance per hole, acre and round, apply wet-year and dry-year scenarios in a line chart, and build the club P&L with a capex reserve and the dues increase that closes the gap. Fictional club, illustrative numbers, with no affiliation with any golf association. The first lab is free.

Lessons

  1. Playable Days & Round Capacity: Tee Intervals and DaylightLab14 minFree
  2. Tee-Sheet Utilisation by DaypartLab14 min Pro
  3. Green-Fee Yield: Members vs Visitors and Dynamic PricingLab15 min Pro
  4. Membership Dues & Rounds per Member: What Does a Member's Round Cost?Lab13 min Pro
  5. Food & Beverage and Pro Shop: Spend and Profit per RoundLab13 min Pro
  6. Course Maintenance Cost per Hole, Acre and RoundLab14 min Pro
  7. Weather & Seasonality Scenarios with a Line ChartLab16 min Pro
  8. Club P&L and the Capex Reserve: Can the Club Afford Its Future?Lab17 min Pro