"Green Fees Drop in Gangwon and Chungcheong in April... Jeju Up 10% on Weekend"
XGOLF, Usage Fee Analysis Compared to Same Period Last Year
Slight Weekday Increase Also in Capital Area, Gyeongsang, and Jeolla Regions
Last month, as the new golf season kicked off, green fees in the Chungcheong and Gangwon regions decreased compared to the same period last year, while Jeju saw an increase of about 10% due to a surge in weekend visitors.
Average Green Fee Change Rate in April Compared to the Previous Year at Golf Courses Nationwide
[Photo by XGOLF]
On the 3rd, golf booking platform XGOLF analyzed green fee data for April this year and last year based on actual golf course usage fees booked by members. According to the results, weekend green fees at golf courses in Chungcheong Province decreased by 13.7% year-on-year, and in Gangwon Province by 6.2%. Weekday green fees in these regions also dropped by 4.02% and 5.28%, respectively, showing a larger reduction compared to other areas.
Last month, the nationwide average weekday green fee at golf courses fell by 1.31% compared to the same period last year, and weekend fees decreased by 2.34%. The company explained that this indicates a gradual downward trend in golf course usage fees, especially when compared to the over 12% increase in average green fees from April 2021 to April 2022.
However, weekday green fees at golf courses in the metropolitan area, Gyeongsang Province, and Jeolla Province are still showing a slight upward trend. Metropolitan area golf courses saw fees increase by less than 1% year-on-year, while weekday green fees in Jeolla and Gyeongsang Provinces rose by 1-2%. Jeju golf courses, popular with weekend tourists, experienced an increase of up to 10%.
An XGOLF representative stated, "This survey was conducted to observe the trend in green fee changes at a time when the golf course classification system had not yet been finalized following the announcement of the revised classification guidelines." They added, "The results showed that after the announcement of the revision, the price inversion phenomenon in green fees occurred, significantly reducing the rate of increase."
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The golf course classification system is a revised law under the 'Act on the Installation and Use of Sports Facilities' announced by the Ministry of Culture, Sports and Tourism last May. According to the revision, golf courses are classified into membership-based, non-membership, and public types, with average fees calculated for April, May, June, and September, October, November to categorize them as non-membership or public golf courses.
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