Cabot just released their rates for the Fall and Winter. Their 2nd course — The Roost (aka: Rolling Oaks) — is opening in October.
For that month, rates on both of the big courses will be $270 (plus tax). In November it moves to $395+.
Walking will be mandatory, although they will provide a "complementary" forecaddie for each group. You'll still be responsible for a minimum $30 tip per person.
There will be a local discounted rate ($145+) for Hernando and Citrus residents only during October. It doesn't look like there are ANY discounts in November and beyond (until next summer, I reckon).
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This is why I haven't really been "excited" for this project. Losing World Woods, which had two very decent courses at affordable rates, is a big hit to the area.
While we're still waiting for the golf economy (and world economy) to crash... Callaway reported this week that TopGolf revenues have tanked 8% year-over-year. They're probably going to end up selling TopGolf to a South Korean company.
"But Dear Leader... TopGolf sucks and has nothing to do with real golf."
Yes. But it's a very big indication people are running out of disposable income, and are tightening up. The same thing is happening in the craft brewery market (although Gen Zs and Gen AAs drinking tastes is also to blame).
So I guess if you haven't played Cabot yet, you should probably do that now while it's $200ish.
I’m waiting for you to go and invite me!
ReplyDeletePerhaps Rapture practice if you draft me.
ReplyDeleteInclude me
ReplyDeleteI'd be interested in playing it as well so let me know dates you're thinking.
ReplyDeleteAnd a FYI, not all craft breweries are struggling. While some smaller ones without a kitchen or local distribution may be facing challenges, and others like Big Storm have suffered from poor marketing and financial mismanagement, this isn't the case for everyone. For instance, TBBC has experienced a growth of about 20% in sales revenue. However, it's prob true that their customer base might not primarily include Gen Z and younger.
1) Overall craft beer sales dropped in 2022 and 2023... for basically the first time ever since the "craft beer explosion" after 2010. I'm assuming TBBC is including food sales in those numbers (if they're even accurate).
ReplyDelete2) Nice to see the interest in a Cabot tee time. Let me know when you guys are going and save me a spot!
That increase in revenue is beer sales only as they have different entities set up for restaurant and brewery production.
ReplyDeleteAnd yes you deserve a break from scheduling golf events so I can assist with this event planning.
We had some discussions about this today in the clubhouse. It sounds like Gorecki is going to post some potential dates for an outing in September.
ReplyDeleteObviously the question was raised: "How can Cabot Citrus Farms cost as much as iconic Scotland/Ireland courses?"
Well I saw a report today that Turnberry is going to charge 1,000£ for non-hotel rounds (750£ for hotel rounds) starting in 2025. This would eclipse Shadow Creek in Vegas as one of the most expensive rounds on the planet. We paid about 450£ in 2017, and it was arguably the best course of our trip.
This is also on the heels of news that an American investment group purchased the Carnoustie hotel, and is similarly jacking up their non-resort rates in hopes of forcing people to stay at the property (nobody does since it's only an hour from St. Andrews).
All of this is absolute madness. The British Open rota courses are about to be unaffordable for most golfers.