Golfsport industry in Germany

German Golf Association (DGV) adopted or called the new approach to golf industry in Germany, built on three fundamentals:

Sports, support and profit.
This encourages collaboration between marketplayers while maintaining the autonomy and strength of each club; by providing support DGV
in areas where the club could not - or will not - be
involved.

The new approach is called the result of extensive consultations and place more responsibility on owners and operators in Germany almost 700 clubs to develop what is now fragmented by the golf market.

Club at the forefront of the game and the local and national sports very much based on the product images, pricing and success. This survey shows that Germany hopes for the potential golf club market and consider how developments in these clubs can highlight areas of future growth.

In the context of consolidating its supply structure (a phenomenon that has been identified in the golf market outside the country), approximately
1000 investors were interviewed to assess their views on the industry
and the desire to invest in it.

As a result, the survey illustrates the two operators tersebut'kesan future markets and the expectations of investors who can play a key role in the future.

The number of people who play golf in Germany reached a new
peak in late 2007 with around 550,000 players
both members of the golf club or Vereinigung Clubfreier Golfspieler
(VCG). Sector has experienced a long-term sustainable
growth trends.

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