Noteefy 🔔

Golf course operators are missing out on over $1 Billion in revenue a year from no shows and short shows that could have been prevented. 🤯 Come learn from some of the industry's best on the technology and policy strategies that can help move the needle on this problem in 2025 👇 https://lnkd.in/g6RfRWsY

With a majority of golf courses demonstrating pricing power and peak (or near-peak) utilization, facility operators face dual opportunities: addressing a costly 9% no-show rate eroding margins, while reimagining the potential across customer touchpoints. A brief examination of fixed-capacity economics in today's marketplace: https://lnkd.in/eckNT5hk (cc: Jake Gordon 🔔, Ross Liggett)

See you all tomorrow! Don't forget to register to get access to the webinar! https://lnkd.in/g6RfRWsY

We couldn't be more excited about this impactful partnership! Make sure BOYNE Golf is on your list for golf trips in 2025!

Tune in to the latest episode of the Tech Caddie Podcast to hear Noteefy 🔔 Co Founder Jake Gordon 🔔 talk about what’s new and exciting!

Does golf have a Billion Dollar Problem? Jake Gordon 🔔 from Noteefy 🔔 joined Mike on the Tech Caddie podcast to discuss the No-Show problem in golf. In this clip, Jake teases next week's webinar with some of golf's top think masters including Ross Liggett David Lorentz Eric Garber and Scot Wellman

We look forward to partnering with Noteefy 🔔 to bring you a better tee time booking experience at BOYNE Golf! You will soon be able to set up alerts so you never miss booking that tee time you are looking for. https://lnkd.in/grArNF5A

Tired of no-shows and short shows at your course? Tune in to see tactical strategies for improvement. See you on February 13th! Register below 👇 https://lnkd.in/g6RfRWsY

A round of golf is worth UP TO 50% MORE than just the green fee a golfer is paying to a course operator. That means a no-show or short show is 50% more financially painful for an operator. How is that? 👇 Below is an analysis we were proud to help the National Golf Foundation with: The economics of a golf course business flows from a simple but powerful principle: every tee time represents perishable inventory that, once lost, can never be recovered. In golf, as with restaurants and other fixed-capacity businesses, this reality has two interlinked dimensions that we might consider. First is the pure financials of unused capacity. When a tee time goes unfilled, the facility doesn’t just lose the green fee – it loses all the revenue accompaniments that would have come with it (food, drinks, range balls, hat, glove, etc.). For the average 18-hole public facility, we estimate total revenue per occupied tee time (“RevPOTT”) to be roughly 45% above playing fees alone, which is perhaps a more significant lift than you might have guessed. Consider, then, the impact of no-shows at golf courses. Recent analysis by an NGF Executive Member with visibility into more than 500 U.S. courses and 10 million rounds revealed a no-show rate of 9%, which would add up to about $1 billion in lost opportunity annually.[i] The scale of the issue is significant, and so is the sensitivity. Just as a restaurant can lose 5% of its income in one dinner service from a six-person no-show,[ii] golf facilities can see their margins eroded from only a few missed tee times. Even more striking is the extent to which lost inventory can be prevented – or at least addressed. The aforementioned analysis determined that only 11% of abandoned rounds were due to unplayable conditions, meaning most no-shows can actually be curtailed through improved policies (e.g., requiring a credit card to book a tee time), communication (e.g., automated SMS reminders), and waitlist technology.

Welcome BOYNE Golf! Looking forward to a great partnership 🤝 🏌♂️