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CMAA 2008 Economic Impact Survey

Club Type

Average Gross

Median Gross

Revenue

Revenues

Golf

$5,080,643

$4,532,173

Country

$5,744,278

$4,510,000

City

$3,351,822

$2,298,283

Yacht

$4,025,559

$3,800,000

Total

$5,489,902

$4,342,503

earning clubs is most notable for country clubs, where the median revenue was lower than the average revenue by more than $1.2 million.

Table 5: Average and Median Gross Revenues by Club Type

Food and beverage operations continue to be a significant contributor to club revenues, and driver of economic activity. Overall, clubs generated $3.8 billion in food and beverage revenue, with clubs in the South leading with total projected revenues of $1.2 billion. Clubs in the Northeast had the second-highest food and beverage revenues, totaling $767 million.

Yacht clubs had the highest average food and beverage revenue ($1.8 million), followed by country clubs ($1.7 million). However, country clubs accounted for approximately 60 percent of the total food and revenue income generated by all CMAA member-managed clubs, totaling $2.3 billion. Table 6 shows the average and total food and beverage revenue generated by club type and region.

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