![[Photo source = Pixabay]](https://www.fogolf.com/wp-content/uploads/2025/08/news-p.v1.20250826.0ee00cc5e7504681b6cf8cc9927a8f1d_P1.png)
사진 확대 [Photo source = Pixabay]
The profitability of domestic golf courses slowed significantly in the first half of the year.
According to data released by the Korea Leisure Industry Research Institute on the 26th, the average sales of 15 domestic golf courses in the first half of this year were 9.883 billion won, down 7.9% from the same period last year. Average operating profit fell 34.6 percent to 1.66 billion won.
This data is an analysis of the management performance of 15 golf courses in the first half of the year disclosed in the Financial Supervisory Service’s electronic disclosure system.
The Korea Leisure Industry Research Institute said, “The number of golf courses sampled is small, but the results of data analysis show recent trends,” adding, “The reason why the profitability of golf courses has slowed is that the domestic economic downturn, the resulting decline in entertainment demand, the avoidance of use due to high costs, the increase in overseas golf, and the weather.”
However, the average sales of domestic golf courses last year increased by more than 30-40% compared to 2019, before the novel coronavirus infection (COVID-19).
The Korea Leisure Industry Research Institute analyzed, “The average sales of popular golf courses (excluding nine holes) was 18 billion won last year, 33.6% higher than in 2019, and membership golf courses were also 20.6 billion won last year, 44.6% higher than in 2019.”
Seo Cheon-beom, director of the Korea Leisure Industry Research Institute, said, “The annual golf course management performance will be difficult to improve significantly in the second half of the year as the domestic economic downturn continues due to the imposition of tariffs by U.S. President Donald Trump,” adding, “There is a possibility of a reduction in golf course fees (green fees) to increase profitability by increasing customer attraction, but it is not easy to expect a significant cut due to shorter days from autumn.”
