If your facility operated at a loss in 2015, you are in the industry minority. Sixty-nine percent of superintendents reported their facility either turned a profit or broke even in 2015. The number of profitable facilities increased from 39 percent in 2014 to 45 percent in 2015. Still, superintendents aren’t ready to declare the industry has fully recovered from the economic downturn. Forty-five percent of respondents say the industry is “seriously” or “somewhat” struggling while 26 percent say the industry is “drastically” or “somewhat” improving.

How would you characterize the financial condition of the golf industry?

Was your facility profitable last year?