Expanded Partnership with Cabot at Cabot Saint Lucia and Cabot Highlands
GOLF INDUSTRY HIGHLIGHTS
Golf participation volumes continue to outpace pre-COVID levels, with 2022 running 15% above the average
of the 2017-2019 period
$102 Billion
Estimated size of the U.S. golf industry
37,724 Golf Courses Globally
Almost half of new 18-hole courses that
have opened in the U.S. over the past
several years were built more than 50
miles from a major city (¹)
41 Million Overall Participants
Including both on- and off-course forms,
total U.S. participants increased 10%
YOY & surpassed 40 million for the first
tim e
#1 Outdoor Pay-for-Play Sport
in the U.S.
Almost one in nine Americans plays golf
in some form, a higher participation rate
than sports such as basketball, tennis,
baseball, and skiing
Source: National Golf Association's 2023 Golf Industry Report and 2022 Golf Impact Report. (1) Cities with population of 50,000 or greater
VICI
W
510 Million U.S. Rounds Played
20 average rounds per golfer
$31 Billion in U.S. Golf-Related
Tourism
Golf-related tourism encompasses trips
of 50-miles-or-more. NGF estimates 26
million trips in 2022
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