Whether or not Millennials require instant gratification is open for debate, but there is no debate that today’s youngest adults are busy, and they are not golfing.
Fort Wayne realtor and tenacious golfer Mike Thomas does not doubt this is the primary reason few golf courses are showing substantial profits. It takes hundreds of hours and thousands of dollars to become a competent golfer and even longer to be competitive, a commitment that few young adults wish to make.
Throngs of enthusiastic golfers have disappeared, replaced with a largely aging crowd. Country clubs aren’t the social mecca or status symbol they once were and golfing acumen isn’t a prerequisite for business anymore. Because of failing interest, Mike Thomas believes, many course owners turn to attractive real estate offers, essentially getting out while the getting is good. “We have a lot of golf courses and not players,” Thomas said.