Tiger-effect never materialized
This article highlights the problems that courses in Connecticut are facing in the over-built golf market.
Like courses all around the country, the Manchester Country Club fell victim to the Tiger Woods effect: Developers began building an overabundance of golf courses in the late 1990s to accommodate a projected boom in golfers. But there weren’t as many new golfers as expected, leaving too many courses and not enough people to use them. In fact, last year was the first time that there were more golf course closings than openings, according to the Florida-based National Golf Foundation.
And here’s a lengthy article from the Appleton Post-Crescent discussing the golf course market conditions in the Fox Valley.
Don Bachaus, owner of Westridge Golf Club, Neenah, which opened in 2000, recalls how a 1993 feasibility study indicated the Fox Valley area needed three new golf courses to satisfy demand. Between 1995 and 2005, there were about a dozen new courses opened within an hour’s drive of Appleton, plus about 10 course expansions.
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