The course management side of the golf business continues to grow, with the number of golf courses in the United States working with third-party management companies increasing from 10.6 percent in 2006 to almost 16 percent today. That figure is estimated by some in the industry to surpass 20 percent of all golf facilities by 2020.
There are more than 230 companies with at least two golf facilities under management and 76 percent of those manage less than five facilities. Together, these businesses have in excess of 2,130 properties under management, including 10 companies with 40 or more courses in their portfolio.
In total, 13 management companies claimed a spot in the inaugural NGF GOLF 100.
Century Golf is an investment and management company created for the purpose of acquiring and managing equity and non-equity private clubs, resorts, and public golf courses. It currently operates 40 U.S. courses.View Company