The Key to a Golf Course’s Heart: F&B
By Rob Carey
The newest hospitality report from HVS International finds that the food & beverage operations at 59 percent of public and private golf clubs run at a loss. And less than 10 percent actually make a profit.
This represents a great opportunity for you, as you plan this year’s client golf event or charity golf event with your company’s name on it, to negotiate like a hero. Here’s how: If you make it easy and not too costly for the course on the food and beverage side, you can negotiate to get better rates in other areas, such as greens fees, tournament scoring/services, club rental, etc.
For example, most golf events have a beverage cart that roams the course during play, and then a cocktail hour right after play ends, followed still by a sit-down or buffet dinner. So perhaps limit the choices of snacks and beverages you place on the course-bound carts, and make the cocktail hour and meal portion as simple or limited a buffet you can, in terms of types of food and number of staffers required to serve it.
In short, if you save golf courses money where they typically lose it, you will get better rates in other areas, and probably better service too.
Interesting theories, I'll have to take them into consideration on my own course.
Posted by: golf shop | May 24, 2007 at 01:19 AM
Nice tip, thank you.
Posted by: Golden Tee Home Edition | November 23, 2008 at 02:13 PM
Interesting. Another idea would be to provide private labeled water with your company logo thus providing "free" water for the golf course and advertising for the sponsor. For more information click on "Golf Clubs" and email me.
Posted by: Golf Clubs | February 27, 2009 at 09:38 PM
This is a very good idea and will certainly help saving a bit of money in which nowadays every little bit helps
Posted by: Golf Clubs | March 25, 2009 at 03:16 PM
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Posted by: Electric Golf Trolley Batteries | December 30, 2009 at 12:18 PM