News

Published Monday, January 2, 2017
The fact that Donald Trump owns more golf courses than any president in United States history should be positive for the industry. If he and the increased number of Republicans in all levels of government act in concert with their limited government values, individual clubs and their members will benefit. Trump is surrounding himself with decidedly more»
Published Monday, January 2, 2017
Club management selection committees have incredibly clear, deep and diverse expectations when it comes to the skills, attributes and traits expected when considering a slate of candidates. Many clubs create incredibly high standards and expect a range of candidates to exceed those expectations. Some of those clubs are willing to pay for talent and others more»
Published Monday, January 2, 2017
Drones, also known as Unmanned Aerial Systems (UAS) or Unmanned Aerial Vehicles (UAV), are becoming increasingly mainstream. During the 2015 holiday season, the U.S. government estimated that more than one million were sold, with the market projected to grow exponentially, particularly for commercial and personal use. While drones may be fun to fly, they more»
Published Monday, January 2, 2017
Club boards are typically made up of people who have been successful in some sector of business. Unfortunately, that acumen is often “lost in translation” on its way to the boardroom due in large part to a disconnect between the language of finance commonly used in the business world and the way finance has traditionally been discussed in the more»
Published Monday, January 2, 2017
A negative pledge is an arrangement made between the club (borrower) and the bank (lender) whereby the club will pledge not to encumber or sell the club or refinance the loan without the approval of the bank. It gives the bank more control over the pledged asset. It also saves the club from paying closing costs that are typically found in a traditional more»
Published Monday, January 2, 2017
According to data from Club Benchmarking, the median Net Available Capital Ratio for clubs is 11 percent. However, just like any other data point, this statistic must have context before it can be put to work in the decision-making process. Like Plato said, “A good decision is based on knowledge and not on numbers.” Capital will be used to more»
Published Sunday, January 1, 2017
2016 marked another successful year for NCA and NCA CONNECT. Your monthly newsletter offered timely and in-depth coverage of the latest developments impacting clubs. Here is a look back at what were our most popular articles from last year. Top 10 NCA CONNECT Articles from 2016 1. Building Your Club’s Brand Brand authority is the truthfulness of more»
Published Sunday, January 1, 2017
There is a sense of optimism in the air as we begin 2017, especially since the election. Americans appear to be cautiously upbeat about growth moving forward, and equity markets have reached all-time highs, largely on a belief that the new administration will bring needed tax and regulatory reforms and a significant infrastructure package. At the same time, more»
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Club Industry Brief

NCA's free bi-weekly news digest is designed specifically for private club leaders. It covers industry news and trends and articles on golf, membership and operations for private clubs.