2005 Green Fees increase

[Golf 4 Fun]

I happened to have last year’s Toronto Star Golf magazine, and by comparing it to this year’s edition, I found 2005 green fees increased on many of the courses I've played or planning to play (weekday prime time rates were used for comparison):



Fees increased:

+ $7 Hunters Glen($46)

+ $5 Richmond Hill($70), Watsons Glen($55)

+ $3 Rolling Hills -Championship($40), Maples of Ballantrae($51)

+ $2 Pheasant Run($69), Deer Creek -North($77), Cardinal($48), Oakridge($55), Lakeridge($55)

+ $1 Bloomington Downs($37), Royal Ashburn($67)



Fees unchanged:

Angus Glen($175), Eagles Nest($175), Deer Creek -South($45), Glen Eagle($59), Ballantrae($75), Bushwood($40), Parkview($46)



Anybody else finding the same uptrend?

* Edited based on suggestion by M JB

[mikejb]

They kinda of look like cost of living increase (CPI). Maybe they are, you would have to present them as a precentage to know really.

[pudubny]

Golf 4 Fun,
Excellent research.
What did Hunters Glen do to deserve a $7 increase? Remove the cattle from the fairways? Never thought much of the place as you may suspect.
Thanks for your efforts.
Pud.

[NOONEKNOWS]

st. andrews valley stayed the same , their twilight is a great deal

[mikejb]

$7 Hunters Glen($46) 15.22%
+ $5 Richmond Hill($70) 7.14%
Watsons Glen($55) 9.09%

+ $3 Rolling Hills -Championship($40) 7.5%
Maples of Ballantrae($51) 5.88%

+ $2 Pheasant Run($69) 2.9%
Deer Creek -North($77) 2.6%
Cardinal($48) 4.17%
Oakridge($55) 3.64%
Lakeridge($55) 3.64%

+ $1 Bloomington Downs($37) 2.7%
Royal Ashburn($67) 1.49%

CPI for the year to date in comparison is about 2.1%. I am now economic major but I can understand maybe a 3% increase in rates because of gas and the like. But some of the jumps are stupid unless they have HUGE captial projects underway that have to be paid for which improve the quality of the club.

Just my $0.02 (a 0.00021% increase over last year).

[golfmonkey]

Good analysis mikejb - you must be bored like me at work today.

[Mok]

Good analysis mikejb - you must be bored like me at work today.

aren't we all bored when at work? hehe

[Grass Roots Tour]

aren't we all bored when at work? hehe

U got that one right! :eek:

[mikejb]

Copy above post, paste into excel, do simple math, copy excel paste on TGN, post quick reply.

Bored not a chance. Dreaming of golf, damn skippy.

[247golfing]

Any price decrease ... Or does it ever happen?

[Grass Roots Tour]

Any price decrease ... Or does it ever happen?

I don't recommend holding your breath on that one but over the next couple years new courses will be built because golf is still a hot commodity. Once the supply exceeds demand prices will have to become more reasonable.

[Golf 4 Fun]

Golf 4 Fun,
Excellent research.
What did Hunters Glen do to deserve a $7 increase? Remove the cattle from the fairways? Never thought much of the place as you may suspect.
Thanks for your efforts.
Pud.I heard that Hunters Glen only has 2-3 more years to operate. You see the massive developments going up all around the area. Take advantage of their spring $18 special? - Yes. Play during their prime rate? - Not a chance.

[Mok]

I heard that Hunters Glen only has 2-3 more years to operate. You see the massive developments going up all around the area. Take advantage of their spring $18 special? - Yes. Play during their prime rate? - Not a chance.
i saw that price also! $1 a hole, damn, that's sweet, hopefully get out to that course before the rates go up.

[Golf 4 Fun]

Any price decrease ... Or does it ever happen?
Like GRT says, don't hold your breath on that one. While new courses are being built, they are the higher-end types. In the meantime, older courses are selling out to land developers (i.e. Brookside in Scarborough, former IBM course - now 9 hole Markham Green, and soon Hunters Glen, etc.).

[Grass Roots Tour]

Like GRT says, don't hold your breath on that one. While new courses are being built, they are the higher-end types. In the meantime, older courses are selling out to land developers (i.e. Brookside in Scarborough, former IBM course - now 9 hole Markham Green, and soon Hunters Glen, etc.).
Yep... Clublink isn't the only one buying up golf courses as often as we get to play a round. :nono:

In my area we have GolfNorth that owns several tracks. Most of them suck but a few good ones.

[Grass Roots Tour]

Whats with everyone building high end tracks that no one can afford? If you flood the market with any ONE thing what do you suppose happens?

[mikejb]

Whats with everyone building high end tracks that no one can afford? If you flood the market with any ONE thing what do you suppose happens?
More people except that is what they have to pay and pay it, then the other rates go up to compensate for these new courses, while the whole time you can play older established Toronto golf course's for $100 a round (Rosedale, Toronto Golf, Mississauga). Now if I could only pay the initiation fee.