Muni Golf Projects w/ High ROI
In today’s golf market, golf facility stakeholders are weighing the costs of improving their courses and other facility infrastructure and wondering if now is a good time to invest. We at Staples Golf have pulled together some common facility improvements and wanted to share with you the ones proven to show high impact with ROIs, of which are seriously worth considering.
Community Golf Fan,
In today’s golf market, golf facility stakeholders are weighing the costs of improving their courses and other facility infrastructure and wondering if now is a good time to invest. We at Staples Golf have pulled together some common facility improvements and wanted to share with you the ones proven to show high impact with ROIs, of which are seriously worth considering.
(Please note that every course has a variety of factors that goes into any project scenario, and our estimates are given based on industry averages and our personal experience in the field.)
Targeted Maintenance Revisions
ROI: 1-3 Years
Believe it or not, changing something as simple as mowing-lines on a golf course can result in some significant labor savings. The time it takes to cut fairway grass could be reduced by as much as 30-40% if less efficient approaches are currently being utilized. The USGA has done quite a bit of research in this department, and this article on Form vs. Function further highlights the cost savings variables.
Another project that results in big savings is a comprehensive tree maintenance plan. By removing labor intensive trees (particularly non-native species in many instances), and significantly trimming back the remaining trees where appropriate, ongoing tree maintenance can be greatly reduced, as can water costs. Additionally, turfgrass health will improve, as will the overall quality of the course.
Turf Variety Replacement/ Reduction
ROI: 2-5 Years
It’s not difficult to see how reducing turf has a direct effect on reduced maintenance costs and water use, which has been effectively implemented at many facilities, particularly in drought-prone areas. Additionally, replacing turf with newly developed hybrids is also showing not only increased performance and water efficiency, but high ROIs related to customer satisfaction and improved conditions.
Some of the more water efficient turfs are actually posting 30% reduced water needs. There’s a lot of research being conducted on turfgrass efficiency these days, so consider checking out the USGA’s Resources on Turfgrass Research to drill down on what might be the best options for your course.
Forward Tees
ROI: 3-5 Years
You may have heard of the Longleaf Tee System, which, according to Dan Van Horn, the man behind the idea and the President of US Kids Golf, was implemented "to create a living laboratory for the industry" in order to make facilities more family friendly.
Incorporating forward tees is an idea that's been heavily emphasized over the past few years within the golf industry for very good reason; it's fairly inexpensive to implement, and creates opportunities to make any course more approachable to the beginner, kids, and families. With a newly added forward tee that encourages a more diverse user base, increased rounds may very well follow.
Bunker Upgrades
ROI: 3-8 Years
For many courses out there, bunker maintenance actually surpasses greens maintenance (up to 200 dedicated hours per week during season for some courses!). So, as quality labor continues to be more expensive and less available, finding ways to limit exhaustive hand work, as well as prolong a bunker's life, is more important than ever.
Bunker liners are an increasingly popular option that reduce maintenance quite significantly over non-lined bunkers, which means labor resources can be put elsewhere. The typical pay-back on some of the industry’s best liners are estimated at around 5 years. An added benefit is the extended life of the lined bunker over the non-lined bunker.
Other options include changing the bunker style to something simpler to maintain, and/ or removing certain bunkers altogether.
Irrigation Improvements
ROI: 5-25 Years
Odds are high that your most pressing project is your irrigation system. This is the lifeblood of your golf course, and represents significant opportunity for not only reduced annual costs on maintenance repair, water, and power, but for improved conditions that have proven to result in high customer satisfaction and increased revenue.
The typical lifespan of an irrigation system is 20-30 years, depending on the quality of the original installation, and overall site conditions. And thanks to ever improving technology, many aspects such as the central control, the moisture monitoring components, and the overall system design, are becoming outdated faster than ever.
Contingent on the course and the price of water being used, the inefficiency of these older systems could be equating to big losses. If your course happens to be using potable water, as 14% of US courses are, digging a well to take advantage of ground water where effluent is not available, is showing rather quick paybacks. There are many variables however that will determine the cost of digging a well which impact ROI.
Here's What You Need To Know:
- These types of course improvements are not about if, but when!
- Many high value projects are showing ROIs within five years
- Many projects can be done in-house with the right leadership
- Calculating project ROI is essential to selling your stakeholders on the project
- A healthier course and a stronger bottom-line is a win-win reason to consider these projects
Timing is Everything
We realize more often than not, everything comes down to timing, so when you're ready for us, we'll be ready for you and your golf course!
Please remember, we present webinars at no charge to stakeholders who oversee facilities looking to improve. If that's of interest to you, please tell us about your golf course byclicking here.
Sincerely,
Andy Staples, ASGCA