Page 28 - GBC Magazine Winter ENG 2023

Visit www.ngcoa.ca for the Latest Research Reports
PRESENTED BY
The National Golf Course Owners Association Canada’s monthly Research Reports, presented by Club Car, provide crucial data at the course level, as well as to the industry at large.
This highly impactful data on rounds played, weather and revenues come directly from hundreds of golf courses across the country and allows course operators to benchmark their data against their competitive set to help make sound business decisions. These reports also generate critical data to the entire industry, providing year-over-year, year-to-date and 5-year comparisons on national, provincial, and regional levels.
Delivered to Your Inbox
Members are participating and utilizing these reports more than ever. Thank you to all participating members for their efforts! The Reports and data requests will be deliv- ered to your inbox the first week of each month during the golf season, or you can view them online at www.ngcoa.ca.
For more information or to participate in the Revenue Tracker, Rounds Played and Weather Reports, contact Al Helmer at ahelmer@ngcoa.ca or 866-626-4262, ext 17.
AUGUST 2023
$Revenues
August YTD #Transactions August YTD
$Revenues
August
YTD
#Transactions
August
YTD
%C from 2022
+4.5%
+9.0%
%C from 2022
+4.5% +10.0%
BC
+1.1% +8.7%
BC
-1.2%
+9.0%
March: Revenues & transactions for the month [August 2023 vs. 2022]
YTD: CumulativeamountsforthecalendaryeartoAugust31[2023vs.2022]
Data is total Visa, MC, Amex & Debit volume from over 900 NGCOA Canada merchant facilities. Does not include cash or cheque revenues or transactions.
REPORT HIGHLIGHTS
AB
+9.0% +18.8%
AB
+8.5% +20.7%
MB | SK
+8.2% +8.1%
MB | SK
+2.1% +6.2%
ON
+5.2% +3.6%
ON
+6.5% +7.1%
QC
+1.4% +10.6%
QC
+6.6% +14.5%
ATL
+1.6% +13.2%
ATL
+4.9% +3.0%
Dollar volumes increased 4.5% over August 2022 with Alberta showing the highest increase followed by Manitoba/Saskatchewan. While all regions gained over August 2022; Atlantic, Quebec and British Columbia saw slight growth. Regionally YTD revenues in all regions were ahead of the prior year, although Ontario’s growth remained quite modest at 3.6%.
Transactions in August were up 4.5%, with increases in all regions except British Columbia, bringing YTD transactions to a 10% increase over 2022.
AUGUST 2023
NATIONAL Rounds AUGUST 5138 YTD 20232
Rounds
5 YR AUG. 4844 5 YR YTD 18291
REGIONAL BC AUGUST 4.8% YTD 8.1% 5 YR AUG. 5.1% 5 YR YTD 10.3%
Highlights
%C from 2022
+1.5%
+2.8%
%C from 2022
+6.1% +10.6%
3.1% 10.7% 14.1% 16.3%
YTD: YeartoDate
5 YR: Average rounds for 2018-2022
%C: Percent change
DATA: based on our survey panel of over 800 member courses.
AB
MB | SK
1.9% 10.6% 12.6% 10.1%
ON QC
2.1% -1.8% -0.1% -5.6% 5.2% 0.8% 13.8% 2.3%
ATL
-5.2% -5.3% -4.2% 0.1%
RNEatPioOnRalTlyHroIGunHdLsIGplHayTeSd in August remained relatively stable, showing a marginal increase of 1.5% compared to the previous year. This brings the National YTD rounds to a 2.8% increase over 2022 and still some 22% higher than pre-covid levels.
Regionally YTD rounds are up in the western half of the country and down in the east. With the start of YTD weather closure reporting, we can see that Québec has averaged 18 weather-related closures since May 1 and Atlantic has seen 16. In stark contrast, British Columbia averaged only 3 weather closure days. These differences are visibly reflected in their rounds results with British Columbia showing an increase of approximately 8%, while Quebec and the Atlantic region experienced a decline of 5%. While not solely attributable to weather, it is certainly a contributing factor.
WEATHER SCORE • AUGUST 2023
• • • •
AUGUST: average weather score given by golf course operators on how weather impacted their business in the month WEATHER CLOSURES: Average number of closures (minimum 1⁄2 day) due to inclement weather in the month.
YTD: Year to Date
5 YR: Average Score for 2018-2022
BC AB MB. | SK.
ON QC ATL
6.3 5.5 5.0 5.8 4.9 5.0 7.6 7.3 8.7 6.2 6.7 6.8
AUGUST 7.9 YTD 7.7 5 YR MONTH 7.9 5 YR YTD 6.3
7.8 7.4 7.4 6.4 7.3 6.8 6.3 5.7
WEATHER SCORE RATING SCALE: 5 = Average for this time of year. 10=Perfect Weather. 0=Course unplayable due to weather. WEATHER CLOSURES
BC AB MB. | SK. ON QC ATL
AUGUST 1 2 1 3 4 5 YTD 3 11 6 11 18 16
This month we begin reporting Year-to-Date Weather Closures and there are some significant differences across the country. Quebec courses have averaged 18 closures since May 1, representing almost 3 full weeks of play. The Atlantic region is not far behind with 16 closures, more than 2 weeks of play. Both regions saw their rounds decrease 5% from 2022. In contrast, British Columbia had just 3 closures since May 1 and saw rounds rise 8% over 2022.
NOTE: At the time of publication, the August 2023 Research Reports are the most current Research Reports that could be included in this edition. 28For the most up-to-date reports, please visit www.ngcoa.ca.
Golf Business Canada