Page 50 - LVGL Summer 2019

[ GOLF ]

COMMUNI T Y

KEY FINDINGS
In 2018, the Nevada golf industry’s $1.198 billion of direct
economic activity generated secondary and tertiary activity
that resulted in:

• $1.907 billion of direct, indirect, and induced econom-
ic output

• 17,006 direct, indirect, and induced jobs
• $675.4 million in wages and benefits
• $136.2 million in state and local tax revenue

STUDY HIGHLIGHTS
• Nevada’s 88 regulation golf facilities (which managed
98.5 18-hole equivalent courses) generated $265.1
million in operating revenue.
• Golf supports the state’s tourism industry, attracting
travelers to different parts of the state and offering an
outdoor recreational activity that complements other
grow. There are some great high-profile events here, for example the popular tourist activities. Travelers who played golf
Shriners Hospitals for Children Open, which last year enjoyed its best
field in years and high attendance. That was also an important event while on a day trip, overnight vacation, or business trip
in terms of tourism because it helped align Las Vegas with the PGA to Las Vegas, Reno, or the rest of the state generated
brand. The Las Vegas Convention and Visitors Authority (LVCVA) $744.3 million in spending.
works with our local golf courses both in Las Vegas and in our extend- • Golf championships also drive tourism. In 2018, Neva-
ed destinations for familiarization trips, for both media and various
industry partners, including sales and travel agents. Those familiariza- da hosted two PGA TOUR Events: the Shriners Hospi-
tion trips are incredibly important for both the golf industry and the tals for Children Open, played at the TPC Summerlin
destination as a whole, helping garner both media exposure and sales/ in Las Vegas, and the Barracuda Championship, played
agent opportunities. Ideally, the LVCVA would like work in collabora- at Montrêux Golf and Country Club, near Reno/Tahoe.
tion with the local golf industry to form a cooperative Visit Las Vegas
golf task force to both increase the number of rounds and enhance the • New golf home construction was occurring at Sun City
visitor experience.” Mesquite at Conestoga Golf Club, Lake Las Vegas at
Reflection Bay, Tuscany Village at Chimera Golf Club,
and The Pointe, Wintercreek, and other subdivisions at
EDITOR’S NOTE: Look for part 2 in the fall issue when we focus on Somersett Golf and Country Club.
charitable impact and overall tourism impact.

The Nevada golf economic impact report was prepared by TEConomy Partners, LLC in agreement with GOLF 20/20, the Southern Nevada Golf
Association, the Northern Nevada Golf Association, the Nevada State Golf Association, the Nevada Golf Course Owners Association, the Southern
Nevada Chapter of the Southwest Section of The PGA of America, the Northern Nevada Chapter of the Northern California Section of The PGA
of America, and the Southern Nevada Golf Course Superintendents Association of America. In addition, support for this report comes from the
following allied national golf organizations: CMAA, GCSAA, LPGA, NGCOA, PGA of America, PGA TOUR, and USGA. The Nevada Golf Economic Im-
pact Study was conducted by Jennifer Ozawa, Peter Ryan, Marty Grueber, and Dylan Yetter at TEConomy Partners, LLC with support from Nevada’s
Allied Golf Associations.

48 LVG&L SUMMER 2019 W W W.L ASVEGASGOLFANDLEISURE.COM