Estimates for the total value of the golf industry vary between $70bn and $85bn a year in the US alone, with this financial impact being largely duplicated, on a pro-rata basis, wherever the game is played.

As an example, similar recent studies show the game’s current contribution to the European community’s economic activity at more than €14bn a year.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.