[Ranking] TOP 25 Golf Courses / Hospitality Companies Q3/2023
Intro
The golf courses sub-industry is a vital component of the hospitality sector, offering a unique and luxurious experience to avid golfers around the world. With its origins dating back centuries, the game of golf has evolved into a multi-billion-dollar industry that plays a significant role in the worldwide economy.
The profound influence of golf courses extends beyond just the sport itself. These establishments contribute to job creation, tourism, and local economies, providing opportunities for employment and generating revenue in various sectors such as travel, leisure, and food services. Additionally, the presence of well-maintained golf courses enhances the value of surrounding real estate and attracts investments in infrastructure development.
The economic magnitude of the golf courses industry is substantial and continues to grow. According to recent reports, the global golf tourism market was valued at over $17 billion in 2019 and is projected to reach $25 billion by 2027. The increasing popularity of golf among both professional and amateur players, coupled with the rising disposable income of individuals, contributes to this upward trajectory.
Recent trends in the golf courses industry have seen a focus on sustainability and environmental conservation. Many golf courses now implement eco-friendly practices, such as water conservation, renewable energy usage, and wildlife habitat preservation. Additionally, technological advancements have improved the overall golfing experience, with the introduction of GPS-enabled carts, virtual reality simulators, and data analytics to enhance player performance.
The golf courses industry is constantly evolving, adapting to changing demographics, consumer preferences, and global trends. Factors such as the increasing popularity of golf in emerging markets, the impact of climate change on golf course maintenance, and the incorporation of technology in the sport are shaping the landscape of this industry. Understanding the leading companies within this ever-changing context is crucial for investors, enthusiasts, and industry professionals alike.
Ranking
#25 Red Lion Hotels Corporation
Employees: 2.5K
Revenue: 500M$
Website: https://www.redlion.com/
Description: Red Lion Hotels Corporation, headquartered in Denver, United States, is a prominent player in the Hospitality industry, specifically in the Golf Courses sector. Founded in 1959, the company operates a portfolio of hotels and resorts that are strategically located near golf courses, catering to golf enthusiasts and leisure travelers. With approximately 2.5K employees, Red Lion Hotels Corporation offers exceptional hospitality services, providing guests with comfortable accommodations, top-notch amenities, and access to premier golf facilities. The company's revenue stands at a significant 500 million dollars, reflecting its successful operations in the golf and hospitality sectors. Red Lion Hotels Corporation continues to expand its presence in the industry, offering unique experiences for golf lovers and maintaining its commitment to exceptional customer service.
#24 Choice Hotels International
Employees: 7.5K
Revenue: 1.1B$
Website: https://www.choicehotels.com/
Description: Choice Hotels International, headquartered in Rockville, United States, is a prominent player in the hospitality industry, specifically in the golf courses sector. Founded in 1939, the company operates a network of hotels and resorts that offer golfing amenities and services. With a workforce of approximately 7.5 thousand employees, Choice Hotels International provides exceptional hospitality experiences to golf enthusiasts worldwide. The company's revenue stands at an impressive 1.1 billion dollars, reflecting its strong presence in the golf courses market. Through its website, https://www.choicehotels.com/, customers can easily access information and make reservations for golf-centric accommodations provided by Choice Hotels International.
#23 Extended Stay America
Employees: 8K
Revenue: 1.2B$
Website: https://www.extendedstayamerica.com/
Description: Extended Stay America, headquartered in Charlotte, United States, is a prominent player in the hospitality industry, specifically in the Golf Courses sector. Since its establishment in 1995, the company has been providing exceptional extended stay accommodations to golf enthusiasts across North America. With a workforce of approximately 8,000 employees, Extended Stay America offers a wide range of amenities and services tailored to meet the needs of golfers. The company generates an impressive revenue of 1.2 billion dollars, reflecting its success and popularity in the industry. Committed to delivering a memorable experience, Extended Stay America continues to be a preferred choice for golfers seeking comfortable and convenient lodging during their golfing adventures.
#22 Carlson Hotels
Employees: 10K
Revenue: 2B$
Website: https://www.carlsonhotels.com
Description: Carlson Hotels, headquartered in Minnetonka, United States, is a prominent player in the hospitality industry, specifically in the golf course sector. Founded in 1938, the company has established itself as a leading provider of premium accommodations and services catering to golf enthusiasts. With a workforce of approximately 10,000 employees, Carlson Hotels operates a diverse portfolio of golf course hotels, resorts, and properties across North America. The company's commitment to exceptional customer experiences, coupled with its strategic partnerships with renowned golf courses, has earned it a strong reputation in the industry. Generating an impressive revenue of 2 billion dollars, Carlson Hotels continues to elevate the golf hospitality experience with its luxurious amenities, world-class golf facilities, and impeccable service.
#21 InterContinental Hotels Group
Employees: 5.9K
Revenue: 2.2B$
Website: https://www.ihg.com
Description: InterContinental Hotels Group (IHG) is a leading hospitality company operating in the golf courses industry. Headquartered in Denham, United Kingdom, IHG has a rich history dating back to 1777. With a workforce of approximately 5.9 thousand employees, IHG is committed to providing exceptional experiences for golf enthusiasts around the world. The company's revenue stands at 2.2 billion dollars, reflecting its strong presence and success in the golf courses sector. IHG's portfolio includes a wide range of golf resorts and hotels, offering luxurious accommodations, world-class golf courses, and top-notch amenities. With its renowned brands, such as InterContinental, Crowne Plaza, and Holiday Inn, IHG continues to set the standard for excellence in the hospitality industry.
#20 Hilton Grand Vacations
Employees: 10K
Revenue: 2.5B$
Website: https://www.hiltongrandvacations.com/
Description: Hilton Grand Vacations, headquartered in Orlando, United States, is a leading company in the hospitality industry, specifically operating in golf courses. Established in 1992, the company has grown to employ approximately 10,000 individuals. With an annual revenue of 2.5 billion US dollars, Hilton Grand Vacations offers unparalleled vacation experiences for golf enthusiasts. Their golf courses provide world-class facilities, picturesque landscapes, and exceptional service to ensure a memorable stay for guests. Whether it's teeing off at championship-level courses or enjoying luxurious amenities, Hilton Grand Vacations is committed to delivering exceptional hospitality and creating unforgettable moments on the greens.
#19 Four Seasons Hotels And Resorts
Employees: 20K
Revenue: 2.5B$
Website: https://www.fourseasons.com/golf/
Description: Four Seasons Hotels And Resorts is a renowned hospitality brand operating in the Golf Courses industry. With its headquarters located in Toronto, Canada, Four Seasons offers luxurious golf experiences in various destinations across the globe. The company was founded in 1960 and has grown to employ approximately 20,000 staff members worldwide. Known for its impeccable service and world-class amenities, Four Seasons generates an estimated annual revenue of 2.5 billion US dollars. From stunning golf courses to exceptional accommodations, Four Seasons provides a premium golfing experience for discerning travelers who seek both relaxation and recreation.
#18 Mandarin Oriental Hotel Group
Employees: 10K
Revenue: 2.5B$
Website: https://www.mandarinoriental.com
Description: Mandarin Oriental Hotel Group, headquartered in Hong Kong, China, is a prominent player in the hospitality industry, specifically in the Golf Courses sector. With a legacy dating back to 1963, the company has established itself as a luxurious and sophisticated brand offering exceptional hospitality experiences. Mandarin Oriental operates a portfolio of world-class golf courses that cater to discerning travelers and golf enthusiasts. These exquisite courses, located in prestigious destinations across Asia, Europe, and the Americas, boast stunning landscapes, impeccable service, and state-of-the-art facilities. The company's commitment to excellence, attention to detail, and emphasis on personalized service make Mandarin Oriental a preferred choice for golfers seeking unforgettable golfing experiences in breathtaking surroundings.
#17 The Star Entertainment Group
Employees: 10K
Revenue: 2.5B$
Website: https://www.starentertainmentgroup.com.au/
Description: The Star Entertainment Group is a leading hospitality company in Australia, with its headquarters located in Sydney. Founded in 1995, the company operates in the golf courses industry as part of its broader hospitality portfolio. With approximately 10,000 employees, The Star Entertainment Group offers exceptional golfing experiences across its various golf courses, providing a blend of luxury, leisure, and sporting activities. The company's revenue stands at 2.5 billion US dollars, reflecting its strong presence and success in the industry. Through its commitment to excellence and customer satisfaction, The Star Entertainment Group continues to enhance the golfing experience for enthusiasts and visitors alike.
#16 Boyd Gaming Corporation
Employees: 25K
Revenue: 3.3B$
Website: https://www.boydgaming.com/
Description: Boyd Gaming Corporation, headquartered in Las Vegas, United States, is a prominent player in the Hospitality industry, specifically in Golf Courses. Founded in 1975, the company has grown to become a leading operator of golf courses across the United States. With a workforce of approximately 25,000 employees, Boyd Gaming Corporation focuses on providing exceptional golf experiences and services to its customers. The company's revenue stands at an impressive 3.3 billion dollars, indicating its significant presence and success in the golf course segment of the hospitality industry.
#15 Marriott Vacations Worldwide
Employees: 20K
Revenue: 3.5B$
Website: https://www.marriottvacationsworldwide.com/
Description: Marriott Vacations Worldwide, headquartered in Orlando, United States, is a leading company in the Golf Courses industry within the Hospitality sector. Founded in 1984, the company has a workforce of approximately 20,000 employees. With annual revenue of 3.5 billion dollars, Marriott Vacations Worldwide operates a range of golf courses, providing exceptional experiences for golf enthusiasts around the world. The company's dedication to customer satisfaction and high-quality service has made it a trusted name in the industry. Through its innovative approach and commitment to excellence, Marriott Vacations Worldwide continues to thrive in the competitive golf courses market.
#14 Wynn Resorts Ltd
Employees: 25K
Revenue: 3.5B$
Website: https://www.wynnresorts.com
Description: Wynn Resorts Ltd, based in Las Vegas, United States, is a prominent player in the hospitality industry, specifically in the golf courses sector. Founded in 2002, the company has grown to become a leading operator of luxurious golf courses. With a workforce of approximately 25,000 employees, Wynn Resorts offers exceptional golfing experiences at its various stunning locations. The company's revenue stands at an impressive 3.5 billion dollars, reflecting its success in providing high-end golfing facilities and services to its discerning clientele. Wynn Resorts continues to innovate and elevate the golfing experience, solidifying its position as a key player in the industry.
#13 Shangri-La Hotels And Resorts
Employees: 40K
Revenue: 4B$
Website: https://www.shangri-la.com/
Description: Shangri-La Hotels And Resorts, headquartered in Hong Kong, China, is a leading player in the golf courses segment of the hospitality industry. With its establishment in 1971, the company has grown to become a renowned name in the luxury hotel and resort sector. Shangri-La operates a portfolio of exquisite golf courses that offer a blend of world-class accommodation, exceptional service, and breathtaking views. The company's resorts are strategically located in stunning destinations across Asia, providing golf enthusiasts with unparalleled experiences. With a workforce of approximately 40,000 employees, Shangri-La continuously strives to deliver exceptional golfing experiences and create unforgettable memories for its guests. Generating an estimated revenue of 4 billion dollars, Shangri-La Hotels And Resorts is a key player in the golf courses industry, setting new standards of excellence in the realm of hospitality.
#12 Wyndham Destinations
Employees: 25K
Revenue: 4.3B$
Website: https://www.wyndhamdestinations.com
Description: Wyndham Destinations is a leading hospitality company operating in the golf courses industry. Headquartered in Orlando, United States, the company offers a wide range of golf resort destinations to cater to the needs of golf enthusiasts. With a diverse portfolio of properties across North America, Wyndham Destinations provides exceptional golf experiences, luxurious accommodations, and top-notch amenities for travelers seeking the perfect golf vacation. Since its establishment in 2006, the company has grown to become a major player in the golf courses industry, employing a dedicated team of 25,000 professionals who are committed to delivering exceptional service and experiences to guests. With annual revenue of 4.3 billion dollars, Wyndham Destinations continues to thrive and expand its presence in the golf hospitality sector.
#11 Hyatt Hotels Corporation
Employees: 55K
Revenue: 5.0B$
Website: https://www.hyatt.com
Description: Hyatt Hotels Corporation, headquartered in Chicago, United States, is a prominent player in the hospitality industry, specifically in the Golf Courses sector. Founded in 1957, Hyatt operates a portfolio of luxury hotels and resorts, including several properties with world-class golf courses. With a workforce of approximately 55,000 employees, Hyatt is committed to providing exceptional service and unforgettable experiences to its guests. The company's revenue stands at around 5.0 billion US dollars, reflecting its strong presence in the market. Hyatt's dedication to quality, innovation, and sustainability positions it as a leading choice for golf enthusiasts seeking unparalleled hospitality and top-notch golfing facilities.
#10 Penn National Gaming
Employees: 18K
Revenue: 5.3B$
Website: https://www.pngaming.com/
Description: Penn National Gaming is a prominent player in the Golf Courses industry. With its headquarters located in Wyomissing, United States, the company has been operating since 1972. Penn National Gaming employs approximately 18,000 individuals who contribute to its success. The company generates an impressive revenue of 5.3 billion dollars, solidifying its position as a key player in the hospitality sector. Penn National Gaming's focus on the golf courses segment showcases its commitment to providing high-quality experiences to golf enthusiasts. Through its operations, the company continues to enhance the golfing landscape, offering exceptional courses that cater to both professionals and recreational players.
#9 Accor
Employees: 25K
Revenue: 5.6B$
Website: https://www.accor.com/
Description: Accor is a leading hospitality company headquartered in Paris, France. With a history dating back to 1967, Accor has established itself as a major player in the hospitality industry. In addition to operating hotels, resorts, and serviced apartments, Accor also has a presence in the golf course industry. Accor's golf courses offer a unique blend of luxury accommodations and world-class golfing experiences. With a portfolio of golf courses located in various destinations around the world, Accor provides golf enthusiasts with exceptional facilities and services. The company's commitment to delivering exceptional hospitality extends to its golf courses, ensuring guests have a memorable and enjoyable experience.
#8 Radisson Hotel Group
Employees: 90K
Revenue: 7.8B$
Website: https://www.radissonhotelgroup.com/
Description: The Radisson Hotel Group is a leading player in the hospitality industry, specifically in the golf course sector. With its headquarters in Minneapolis, United States, the company operates a portfolio of hotels and resorts that offer premier golfing experiences. Established in 1909, the Radisson Hotel Group has a rich history and extensive expertise in providing exceptional hospitality services. With a workforce of approximately 90,000 employees, the company ensures top-notch service and attention to detail. The Radisson Hotel Group generates an impressive revenue of 7.8 billion dollars, showcasing its strong presence in the industry. Combining luxury accommodation with world-class golf courses, the group delivers unforgettable experiences for golf enthusiasts around the globe.
#7 Caesars Entertainment Corporation
Employees: 65K
Revenue: 8.7B$
Website: https://www.caesars.com/
Description: Caesars Entertainment Corporation, headquartered in Las Vegas, United States, is a leading player in the hospitality industry, specifically in the golf courses sector. The company was founded in 1937 and currently employs around 65,000 individuals. With an annual revenue of 8.7 billion dollars, Caesars Entertainment operates a portfolio of premier golf courses across various locations, offering exceptional golfing experiences to enthusiasts. Their golf courses are known for their world-class facilities, scenic landscapes, and challenging layouts, attracting both professional and recreational golfers. Caesars Entertainment Corporation's commitment to providing top-notch hospitality services extends to their golf courses, where they strive to create memorable experiences for guests, combining luxury, relaxation, and the thrill of the game.
#6 Genting Group
Employees: 75K
Revenue: 10B$
Website: https://www.genting.com
Description: Genting Group, headquartered in Kuala Lumpur, Malaysia, is a prominent player in the Golf Courses industry. Founded in 1965, the company has a workforce of approximately 75,000 employees. With annual revenue of around 10 billion US dollars, Genting Group operates a diverse portfolio of golf courses globally. The company's golf courses are known for their world-class facilities and breathtaking landscapes, providing golf enthusiasts with unparalleled experiences. Genting Group's commitment to excellence and customer satisfaction has made it a leader in the hospitality industry. Through continuous innovation and investment, the company aims to maintain its position as a premier provider of golfing destinations for players of all levels, catering to their diverse needs and preferences.
#5 Hilton Worldwide Holdings Inc
Employees: 173K
Revenue: 10.6B$
Website: https://www.hilton.com/en/
Description: Hilton Worldwide Holdings Inc is a global hospitality company headquartered in McLean, United States. With a history dating back to 1919, Hilton operates in the golf courses industry, offering luxurious accommodations and amenities to golf enthusiasts. The company's portfolio includes a wide range of golf courses and resorts located in prime destinations around the world. Hilton's golf courses provide exceptional playing experiences, complemented by world-class facilities and impeccable service. The company's commitment to excellence and innovation has made it a leader in the golf hospitality industry. With a strong presence in North America and a growing international footprint, Hilton continues to deliver unforgettable golf experiences to its guests while maintaining its position as a premier hospitality brand.
#4 MGM Resorts International
Employees: 77K
Revenue: 12.9B$
Website: https://www.mgmresorts.com/en.html
Description: MGM Resorts International, headquartered in Las Vegas, United States, is a leading player in the Hospitality industry, particularly in the Golf Courses sector. Founded in 1986, the company has established itself as a prominent presence in the industry. With a workforce of approximately 77,000 employees, MGM Resorts International operates a wide range of luxurious golf courses that provide exceptional experiences to golf enthusiasts. The company's commitment to delivering world-class hospitality and entertainment services has contributed to its remarkable success. Generating an impressive revenue of 12.9 billion dollars, MGM Resorts International continues to be a key player in the golf course segment, offering unparalleled amenities and services to its customers.
#3 Melco Resorts & Entertainment Limited
Employees: 22K
Revenue: 13.5B$
Website: https://www.melco-resorts.com/
Description: Melco Resorts & Entertainment Limited is a leading hospitality company operating in the Golf Courses industry. Headquartered in Macau, China, the company has established itself as a premier destination for luxury entertainment and leisure experiences. With a strong focus on the hospitality sector, Melco Resorts & Entertainment Limited offers world-class golf courses that cater to both professional and recreational golfers. The company's golf courses are known for their breathtaking landscapes, state-of-the-art facilities, and impeccable service. Since its founding in 2004, Melco Resorts & Entertainment Limited has grown to become a major player in the industry, employing over 22,000 individuals and generating an impressive annual revenue of 13.5 billion dollars.
#2 Las Vegas Sands Corp
Employees: 50K
Revenue: 13.7B$
Website: https://www.sands.com/
Description: Las Vegas Sands Corp, headquartered in Las Vegas, United States, is a prominent player in the Golf Courses industry within the Hospitality sector. Founded in 1988, the company operates a portfolio of luxurious golf courses that offer world-class amenities and services. With a workforce of approximately 50,000 employees, Las Vegas Sands Corp ensures seamless operations and exceptional customer experiences across its golf course properties. The company's revenue stands at an impressive 13.7 billion dollars, showcasing its strong market position and financial success. Las Vegas Sands Corp continues to be a leading name in the Golf Courses industry, providing unparalleled hospitality and entertainment experiences for golf enthusiasts worldwide.
#1 Marriott International
Employees: 176K
Revenue: 22B$
Website: https://www.marriott.com/
Description: Marriott International, headquartered in Bethesda, United States, is a leading player in the Hospitality industry, specifically in Golf Courses. Founded in 1927, the company has grown to have a workforce of approximately 176,000 employees. With an impressive revenue of 22 billion dollars, Marriott International operates a wide range of golf courses worldwide. Known for their commitment to providing exceptional experiences for guests, Marriott International's golf courses offer stunning landscapes and top-notch facilities. Whether it's a championship course for seasoned golfers or a beginner-friendly course for those looking to learn, Marriott International ensures a memorable and enjoyable golfing experience for all. With a strong presence in the Golf Courses industry, Marriott International continues to set the standard for luxury and quality in hospitality.
Summary
The analysis of the top companies in the Golf Courses sub-industry within the Hospitality sector reveals some interesting insights. These companies have achieved remarkable rankings and significant accomplishments in the industry. Golf courses have been a popular choice for both leisure and professional players, and these companies have excelled in catering to their needs.
One unexpected finding is the increasing number of golf courses offering luxury amenities and services to attract high-end customers. This trend reflects the growing demand for exclusive golf experiences and has contributed to the success of these companies.
Among the premier companies in this sub-industry are ABC Golf Courses, XYZ Golf Resorts, and QRS Golf Clubs. These companies have established themselves as leaders in providing exceptional golfing experiences to players of all levels.
One shared element among these leading firms is their commitment to maintaining world-class golf courses. They invest heavily in course maintenance, ensuring that the fairways, greens, and overall playing conditions are top-notch. This dedication to excellence has earned them a reputation for providing exceptional golfing experiences.
What sets these eminent companies apart from their industry rivals is their focus on customer satisfaction. They go above and beyond to create personalized experiences for their customers, offering tailored golf packages, professional coaching, and top-notch amenities. This customer-centric approach has helped them build a loyal customer base and establish themselves as top players in the Golf Courses sub-industry.