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Golf Course Performances in EMA

Golf courses were active in 2010 cutting costs, including staff and maintenance budgets, as well as changing pricing and marketing strategies, according to KPMG’s survey. For some, this will have improved their performance or mitigated the ongoing effects of the economic downturn. However, it is clear from the number of loss-making golf facilities that market forces continue to impact on the performance of golf courses.

Research & Publications

Still on the road to recovery

The new KPMG survey reveals that less than half of golf courses in the region were profitable in 2010.

Golf and the economic downturn

KPMG 2009 survey of golf course owners and operators in Europe, Middle East and Africa

Share your opinion

How has the economic downturn affected your operations?

Send us your comments to gbc@kpmg.hu how the economic downturn affected your operations?

Video interview

Golf and the economic downturn

Andrea Sartori discusses the various effects of the economic crisis on golf operations & development

Opinion Poll

Do you expect improved market conditions for the golf industry in 2011?

Vote

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Golf Business Community website is managed by KPMG in Hungary.

KPMG in Hungary offers audit, tax and advisory services for local and international companies, government entities and investors. Our specialist Golf Advisory Services Practice provides professional services to existing golf courses and to developers of new golf courses in numerous countries across Europe, Middle East and Africa.

© 2012 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved.