Sunday, 18 March 2012

Golf membership investment no longer have no basis

A golf lovers, the purchase of membership has never been a simple consumer behavior. Pine Valley, North Lake, Honghua, Sheshan, Shanghai Meilan Lake, Shenzhen Mission Hills and other clubs,Titleist Vokey Spin Milled Oil Can Wedge, its founding membership are sold just a few years within the 300-500% appreciation. Club members not only enjoy first-class courses and services, and the assets of its membership have also a pun on "cash cow".

However, these classic membership investment case has become history. Land of China after 2010, hundreds of golf is under construction, golf membership investment environment becomes more complex,Titleist Vokey Spin Milled Oil Can Wedge, a wide range of membership products, so dazzled golf fans and membership investors caught in the heavy temptation and confusion.

How to determine the investment value of golf membership? How to choose the most potential for appreciation of golf membership? These problems cause a wide range of hot for golf enthusiasts and golf industry.
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In the afternoon of March 16, 2012, by "Golf Week" and "investors", jointly organized the news conference aims to explore the golf membership value of the product and market trends, the most investment value of golf membership evaluation activities ", held in Beijing Exhibition Center. "Investor Report" Managing Editor Wu Qiang attended the meeting described in detail golf membership evaluation activities,Titleist Vokey Spin Milled Oil Can Wedge, and here the guests at the meeting.

He pointed out that: "To seek the fair value of the membership, membership investment reference for golfers to protect the interests of the industry," Golf Weekly "and" investors "will be used to study the value of listed companies, open, transparent assessment will be membership value. "

According to reports, the golf membership value in the evaluation system, the club membership value is within the effective period of the membership (see membership value,Titleist Vokey Spin Milled Oil Can Wedge, discounted at the annual value of the cash flow and to calculate the illustration).
Which the annual value = single field value (green fee × × years of the assessment) to play the number of times (opening-days × court congestion rate), the value comprehensive assessment by the professional practitioners, representatives of the golfers and the media on behalf of judges Commission according to each court location, quality, service, cultural and other factors, some reference to the selection of indicators of "Golf Magazine" Top Ten stadium draw. Among them,Titleist Vokey Spin Milled Oil Can Wedge, whether held in international competitions, will become one of the important measure of the course.

By region, season, weather, and the annual play days will vary. Meanwhile, the 18-hole golf course, for example, issued a 500 ball card and issued 2000 a ball for golfers, the number of play will be different, which is classified as a congestion factor, this factor will be digitized such as: congestion coefficient = actual playing the number / standard number of times.

The value will eventually calculate the membership value of the stadium, such as a club membership price of $ 800,000, age 30 years, then through the calculation of derived membership value of 528,000 yuan ( see membership value calculation table).
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It is reported that the specific assessment steps of the contest will be divided into: to determine the assessment methods and typical stadium spreadsheet, pitch inspection verification and correction algorithm -1, all the court calculated the validation sample, and finally calculate the final results by the correction algorithm -2 .

According to the schedule of the contest, the selection committee will be in the fourth quarter of 2012, the introduction of an authoritative Chinese history, "the most investment value of golf membership assessment report". Since 2012,Titleist Vokey Spin Milled Oil Can Wedge, the contest will be held each year once the assessment report and will be launched in the fourth quarter.

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