Spain’s golf sector is experiencing an unprecedented boom, with a sharp rise and overall impact in both foreign visitors and revenues.
In 2023, the country attracted 1,401,875 foreign golf players, marking a 17% increase since 2018. These tourists, primarily from Europe, are spending more than ever before—€5.872 billion in 2022, with the overall economic impact rising to a staggering €14.152 billion when accounting for indirect effects.
For golf course operators in Spain, the stakes have never been higher. If you’re not already partnering with Greenfee365, you risk missing out on a golden opportunity to capture this lucrative market experiencing and upward trend through international visitors.
Stay Ahead with the Market Leader
As the premier online platform for tee-time bookings, Greenfee365 connects you directly with this fast-growing segment of high-income golfers. Golf tourists tend to stay 58% longer than the average tourist, with an average stay of 11.9 days compared to 7.5 days for regular tourists. With 29.97% of these visitors classified as high-income, the economic potential for courses that tap into this audience is enormous.
In 2022, Spanish golf courses generated €875 million in direct revenue, with 58% coming from green fees and memberships. By offering additional services like equipment rentals and lessons, the total revenue potential can rise to 71%. The question is: Can your course afford to ignore these trends and recent findings?
Leverage Greenfee365 to Drive Profitability
Greenfee365 isn’t just a booking platform—it’s a vital tool for improving profitability. The profitability of golf courses in Spain has surged in recent years, with 66% of courses reporting positive profits in 2023, up from just 47% in 2019. Much of this growth is driven by the 17% increase in rounds played by the foreign tourist sector since 2018, showing the direct connection between international tourism and profitability.
Partnering with Greenfee365 allows you to tap into this expanding market effortlessly, with strong income benefits. We ensure your course is visible to international golf tourists, many of whom book their rounds months in advance, driven by the convenience and reliability of our platform.
A Must for Golf Tourism Success in Spain
Spain’s golf industry is more than just tee times—their international visitors are a catalyst for economic growth. The total economic impact of golf, including indirect effects, reached €15.937 billion in 2022, with 89% of this revenue benefitting external activities and sectors beyond golf, such as hotels, restaurants, and retail by regular visits of golf tourists. When it comes to key figures in regard to regions; Andalusia leads as the main destination with €304.635 million in golf-related revenues, followed by the Canary Islands with €105.566 million. By partnering with Greenfee365, you’re not only positioning your course for direct profits but also contributing to the broader economic ecosystem that benefits your local community and social benefits.
Furthermore, golf tourists in Spain are repeat visitors, with many investing in real estate and second homes, thus increasing the local property values. In 2023, foreign golf tourists owned 382,755 properties in Spain, representing an investment of €82.342 billion in holiday homes. By aligning your course with Greenfee365, you’re securing your place in this expanding network of dedicated, high-spending golfers and local economies.
Don’t Get Left Behind—Join Greenfee365 Now
Economic data doesn't lie—courses that fail to leverage platforms like Greenfee365 are missing out on substantial growth opportunities. With the average price of a green fee rising by 10% between 2019 and 2022, and golf-related employment in Spain up by 9.6% since 2019, the demand for golf in Spain shows no signs of slowing down. It's time to embrace the economic impact of golf tourism in Spain.
Ready to take your golf course to the next level and tap into Spain's booming golf tourism market? Don’t miss out on the opportunity to join Greenfee365, the market leader in online golf booking. Our platform offers unparalleled visibility and access to high-spending golf tourists from around the world.
Contact our sales representative today for a personalized consultation on how Greenfee365 can help increase your bookings and revenue through international visitors. Click here to book your consultation now and secure your place among Spain’s top golf courses!
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