花辨直播官方版_花辨直播平台官方app下载_花辨直播免费版app下载

USEUROPEAFRICAASIA 中文雙語Fran?ais
Home / Top News

Golf recovery stuck in the elitist bunker

By Yuan Zhou | China Daily | Updated: 2016-11-14 07:42

Recently, I watched a video speech of a Chinese investor who talked about his ambition to revive the embattled golf game in the country. He was passionate and elucidating, but I hoped his strategy would be the exception rather than the rule.

After depicting a dismal picture of Chinese golf wobbled by courses closing, fewer players and plummeting sales of memberships, the former economics professor declared the demise of the traditional single club model relying on selling expensive memberships. And with soaring operational costs and fewer courses available, "making golf the ordinary people's game is also an impasse," he warned his audience at a gala dinner.

Instead, he has opted for partnering with high-end golf courses around the world, with attractive membership fees of $20,000, as the only viable solution. The club he founded pledges better value for money with golf holidays of a "real rich man", like Alpine skiing in the morning and teeing off at noon.

Golf recovery stuck in the elitist bunker

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US