LP Gas, October 2011
GOLF INDUSTRY MARKET Continued from page 31 Many universities have set up sustainability initiatives that involve overall emissions reductions Propanes sustainability benefits should likewise weigh large for municipalities given their public scrutiny and responsiveness to advocacy groups and mandates the research notes Large resorts also are championing sustainability efforts with energy consumption water and supply chain issues Large resorts also are championing sustainability efforts with energy consumption water and supply chain issues Although vehicles have not been a high priority among these efforts propane can contribute to achieving their overall objectives The golf car market especially where electric cars are used appears much more challenging Electric models already own 80 percent of the sales market with their zero emissions perception Plus golf car sales have been flat to declining since 195100 units were sold in 2000 see chart page 33 The golf course industry overall is in transition After record expansion in the number of courses players and rounds played Americas popular recreation industry has been hammered by the weakened economy since 2007 Course revenues are in a pattern of decline due to falloff in greens fees and golf cars merchandise and private course membership dues Data compiled by the National Golf Foundation NGF a Florida based association that reports on the economy of golf shows there were 15890 U S golf course facilities 11628 public operating as of Jan 1 2011 Thats down from a peak of 16052 facilities in 2005 Commercial Mower Units Sold 32 LPGas October 2011 www LPGasmagazine com PHOTO COURTESY OF JACOBSEN Target Markets as of Commercial Market
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