Alexandria, VA – November 14, 2016 – In conjunction with the Center for Generational Kinetics and The Club Foundation, the Club Managers Association of America (CMAA) has unveiled new research uncovering generational attitudes about club memberships, specifically the Millennial demographic. This landmark national study was conducted in the summer of 2016, and provides valuable insight into what potential club members are seeking.
CEO Jeff Morgan, FASAE, CAE, shares “CMAA embarked on this research to quantify the effect of the millennial generation and how they are transforming the world of club membership. It challenged a lot of assumptions that we had about Millennials and interest in club membership. This research is groundbreaking for the club industry, and will generate many conversations in our CMAA community, as well as within club boardrooms.”
“Now ages 21 to 39, Millennials are poised to shake up the club industry. It turns out that many of the intangibles that Millennials say they want are exactly what clubs already can and do offer. But, like nearly everything Millennials do, they want it to be customized to their specific needs and life stage,” explains Jason Dorsey, Co-Founder, The Center for Generational Kinetics.
Key findings from the report include:
– Forty-one percent of Millennials say that personal recommendations are most important when considering club membership.
– Millennials are twice as likely to be seeking child-centered club activities.
– Thirty-seven percent of Millennials do not view financial obligations as a barrier
to membership.
– Only 23 percent of Millennials cited lifestyle fit as a top objection to club
membership.
– Across all generations, approximately 80 percent indicate that spreading out the initiation fee to two to three installments would make them more likely to join a
club.
– Millennials see personal and professional value in club membership, with 41
percent viewing club membership as beneficial to their career and 31 percent seeing a connection between club membership and a person’s marital prospects.
For further results, visit www.cmaa.org/millennials/ to access the Exploring the Millennial Outlook on Club Membership infographic and Uncovering Generational Attitudes About Club Membership white paper.
About CMAA
The Club Managers Association of America (CMAA) is the largest professional association for managers of membership clubs with 6,500 members throughout the US and internationally. Our managers operate more than 2,500 country, golf, athletic, city, faculty, military, town and yacht clubs. The objectives of the association are to promote relationships between club management professionals and other similar professions; to encourage the education and advancement of members; and to provide the resources needed for club managers to operate efficiently and successfully. CMAA is headquartered in Alexandria, VA, with 44 professional chapters and more than 45 student chapters and colonies. Learn more at www.cmaa.org.
About The Club Foundation
The Club Foundation, a 501(c)(3) organization, was established by CMAA in 1988. The Foundation seeks to fund the life cycle of a club manager’s career, providing financial support for five key areas: students, faculty, club managers, CMAA chapters and the club industry at large. It supports the advancement of club management professionals, funding industry education programs through scholarships and grants. Learn more at www.clubfoundation.org.
Contact:
Melissa Low
melissa.low@cmaa.org
(703) 739-9500
