The Pellucid Perspective - January 2020 - 12

INDUSTRY
SCORECARD

November Utilization "W";
Weather up, Rounds up more
Industry Key Performance Indicators at-a-glance

Rounds by Facility Type Nov 2019
All Fac.
Types

Public
Access

Private

12.0% ___________________________________________
10.8%

9.8%
10.0% ___________________________________________
9.4%

8.0% ___________________________________________
6.0% ___________________________________________
4.0% ___________________________________________
2.2%

2.0% ___________________________________________
1.3%

n Curr Month
n Curr YtD

Looking at demand for November, rounds turned in a 4th consecutive month of gains vs. Year Ago (YA) at +10%, driven by
gains in both sectors but led by Private up 11%. For the Year-toDate (YtD) period, the All Facility numbers continued to edge
higher driven predominately by the Private segment but supported by a modest gain in the Public sector. Did the solid November
national "up" come from increased interest/engagement or better
weather? For the answer to that question, we'll need to look at
Pellucid's unique view of Utilization for the month.

1.1%

0.0% ___________________________________________

Source: GDT/NGCOA/NGF alliance

For reference, Utilization and Point Change vs. Year Ago (YA)
tracks rounds demand after factoring for weather. The comparative benchmark is the Year End (YE) '18 value of 52%. For
those not familiar with Pellucid's Weather Impact tracking, the
underlying concept is relatively simple. In a theoretical world
where rounds follow weather, a 5% increase in Available Rounds
would produce a 5% gain in Played Rounds. By comparing
Played Rounds to Available Rounds, we can determine the Utilization of the average facility and how it's changing during the
year vs. the benchmark.
The great news for the month is that we got a fourth consecutive month where rounds beat weather conditions producing a 2.2 point gain in Utilization for the month vs. the '18 YE
benchmark figure. The second set of bars show the Year-to-Date
(YtD) result which, based on the positive November month results, continued to edge up marginally. With 11 months now
in the books we've managed to eke out marginal rounds gains
against relatively flat weather at the national level (vs. '18 which
recall was depressed vs. the 10-yr. average).

Utilization & Point Change Nov 2019
n %Utilization

n Pt. Chng vs. FY '17

Curr. Month

YtD

60.0% ______________________________________- 2.5
54.5%

2.2

52.9%

50.0% ______________________________________
- 2.0
40.0% ______________________________________
- 1.5
30.0% ______________________________________
- 1.0
______________________________________
20.0%
0.6

- 0.5
10.0% ______________________________________
0.0% ______________________________________- 0.0
Source: GDT/NGCOA/NGF alliance, Pellucid

12 The Pellucid PersPecTive

January 2020



The Pellucid Perspective - January 2020

Table of Contents for the Digital Edition of The Pellucid Perspective - January 2020

TOC
Are there one-armed Economists in the Golf Industry?
NGCOA Takes A Stand Against Barter
Golf 20/20: Are We There Yet?
December posts solid gain, helps counter- seasonal markets
November Utilization “W”; Weather up, Rounds up more
Boston still over-supplied but posting healthy Utilization
25 Activities; Closures beat Transactions 11-to-10
The Pellucid Perspective - January 2020 - TOC
The Pellucid Perspective - January 2020 - Are there one-armed Economists in the Golf Industry?
The Pellucid Perspective - January 2020 - 3
The Pellucid Perspective - January 2020 - 4
The Pellucid Perspective - January 2020 - NGCOA Takes A Stand Against Barter
The Pellucid Perspective - January 2020 - 6
The Pellucid Perspective - January 2020 - Golf 20/20: Are We There Yet?
The Pellucid Perspective - January 2020 - 8
The Pellucid Perspective - January 2020 - 9
The Pellucid Perspective - January 2020 - December posts solid gain, helps counter- seasonal markets
The Pellucid Perspective - January 2020 - 11
The Pellucid Perspective - January 2020 - November Utilization “W”; Weather up, Rounds up more
The Pellucid Perspective - January 2020 - 13
The Pellucid Perspective - January 2020 - Boston still over-supplied but posting healthy Utilization
The Pellucid Perspective - January 2020 - 15
The Pellucid Perspective - January 2020 - 25 Activities; Closures beat Transactions 11-to-10
The Pellucid Perspective - January 2020 - 17
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