In somewhat of a mathematical anomaly at the national level over an entire month, Pellucid Corp. reports that Golf Playable Hours (GPH) for the month of September were only +0.1% different compared to the same period in 2006. This foreshadows the September rounds, when released later this month, will most probably be very similar to last year’s results. The lack of any significant change in weather means that the September year-to-date (YTD) GPH results remain virtually unchanged from August YTD at -2.5% compared to 2006.
Performance across Pellucid’s 24 weather-based regions showed the mirror image results were broad-based as 13 of 24 regions for the month were within +/-2% of the September 2006 GPH. This resulted in no change in the September YTD regional breadth ratio which remains in negative territory 1:1.4 (5 regions with favorable GPH vs. 7 regions with unfavorable GPH and 12 in the neutral zone). On an encouraging note, the August rounds played results reported by Golf Datatech showed rounds down 1.6% for the month which slightly outperformed poorer weather results of -4.4% on GPH. This meant that the good news/bad news story continued for the year; flat rounds but in the face of a decline of 2.9% in weather as measured by GPH. This produces a positive Weather-Factored Rounds Performance Differential of +1.0 points for the September YTD period (each point translates to outperforming or lagging weather by roughly 5MM rounds nationally on an annualized basis).
Pellucid President Jim Koppenhaver comments on the current results saying, "This is an example of why tracking weather-factored rounds is critical for our industry. Absent the weather information, we’re having a lackluster year on producing rounds demand. Incorporating the negative weather factor provides some encouragement that we’ve been able to shrug off a roughly 1.5% decline in rounds if we were simply tracking to weather. While it’s not the stuff that’s going to propel us as an industry to 1B rounds anytime in the near future, the resiliency of rounds demand this year is a change vs. last when we couldn’t grow rounds even with the aid of moderately favorable weather."
More detail on the results from national level down to individual facilities can be obtained through combinations of Pellucid’s Weather Impact Analyses: The Regional Weather Impact Tracking report, the Facility 10-year Weather Impact Trend report, the Facility Annual Weather Impact Analysis and the Facility Monthly Weather Impact Tracking report.
Parties interested in separating the weather vs. operational components of rounds performance, including course owners, lenders, buyers and sellers can find more information on Pellucid’s weather capabilities at www.pellucidcorp.com. For more specific information on the Regional Weather Impact Tracking report and to receive a free sample, interested parties should contact Jim Koppenhaver at jimk@pellucidcorp.com.
Contact:
Jim Koppenhaver, President, Pellucid Corp.
jimk@pellucidcorp.com
www.pellucidcorp.com
