24-04-2025
- Business
- Business Journals
The golf industry is on the upswing again
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Also: The top country clubs in the Albany region and toughest golf courses.
Story Highlights Golf fell off after the Great Recession.
But there's been a resurgence of participation after the pandemic.
New York has more golf courses than any other state in the country.
This week's cover story is a visual look at the fortunes of golf courses in recent years. It also includes two new Lists:
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In the years following the Great Recession, the golf industry fell off its game in a big way.
More than 2,000 golf facilities closed. Participation slipped from its previously lofty heights. Country clubs also felt the heat, with many closing as they struggled to keep pace with rising expenses.
Then, the pandemic hit. While Covid-19 caused financial challenges for many sectors, it sparked a turnaround for the golf industry.
The National Golf Foundation found that, after decades of shrinking, the number of courses in the United States actually grew overall since 2022 — albeit by only six facilities and 17 courses.
The biggest gains have been on the participation side, with NGF data showing 28.1 million Americans playing on a golf course in 2024 — the most since 2008.
Now, instead of cutting costs and gradually being swamped by growing capital costs and rising expenses, many country clubs and golf courses are seeing surpluses, which are being used to help course-correct after lean years, according to industry watchers.
Here's a look at how the golf industry has evolved in the Capital Region.
Country Clubs in the Albany area
Number of members
Rank Prior Rank Business name
1
1
Mohawk Golf Club
2
2
The Edison Club
3
4
Colonie Golf & Country Club View this list
Here are the toughest golf courses for men in the Albany region
Slope rating
Rank Prior Rank Property
1
1
202 County Rte. 32, Kinderhook, New York
2
2
458 Union Ave., Saratoga Springs, New York
3
3
802 Albany-Shaker Rd., Loudonville, New York View this list