"Green Fee Decline in First Half of Year... Weekdays and Weekends Down About 10,000 Won Compared to Last Year"

XGOLF, Analysis of Completed Member Round Reservations
Green Fees Rise Alone on Weekends in Peak Golf Season of May

Golf booking platform XGOLF announced on the 1st that an analysis of green fees for the first half of this year, based on actual round reservation completion data from members, showed that weekday prices were 136,366 KRW and weekend prices were 175,361 KRW, representing decreases of 6.77% and 3.57%, respectively, compared to the same period last year.

Photo by Phoenix CC

In the first half of last year, weekday green fees were 146,383 KRW, and weekend fees were 181,872 KRW. Overall, the decline in weekday green fees was greater than on weekends, and XGOLF explained that the drop was particularly strong in January and February, the golf off-season. Weekday green fees in January fell by as much as 14.57% compared to the same period last year, which translates to nearly a 20,000 KRW decrease in actual amount.

In May, green fees increased nationwide on weekends except in Gangwon and Chungcheong provinces. The decline narrowed from March, when the golf peak season begins, and the amount rose significantly in May, the golden season for rounds. The average weekend green fee in May was 193,482 KRW, up 2.14% from 189,425 KRW in the same period last year.

An XGOLF official stated, "The decline in green fees started at the end of last year, and recently it seems to be returning to the levels before the prices skyrocketed due to COVID-19," adding, "These days, it is also not difficult to book tee times at popular golf courses that were hard to get before."

This content was produced with the assistance of AI translation services.