Poor Economy Leads
to Mixed Results for the
St. Louis Area Fundraising Golf Tournament Community
ST. LOUIS, MO (October 28, 2009)
- Greg Busch of LTS LeaderBoard of St. Louis
(LTSSTL)
announces that based on research from a recent survey, the 2009 fundraising
golf tournament season produced mixed results for both area organizers and golf
courses, but was not decidedly down compared to 2008 as had been expected.
A survey
of area golf courses and tournament organizers produced the following
information when compared to 2008:
Golf Courses
- Overall revenues were down at
over 70% of golf courses.
- Tournament event bookings
were down at slightly more than half the courses surveyed. A select
number experienced the same number of bookings and a few saw increases.
- Nearly 50% of courses
experiencing a decline in bookings cited the economy as a contributing
factor.
- Overall revenues increased at
nearly 50% of fundraising golf tournaments.
- Sponsorship revenue was up at
more than 50% of events.
- More than 60% of events saw
fewer golfers participating.
- Nearly 90% of organizers said
that their event raised more money than expected.
Based on
these results, it is apparent that while the individual golfer did not play in
as many fundraising golf tournaments, sponsorship dollars were still available
in the community despite the poor economy.
Compiled
as part of LTSSTL's consulting services, the results are the product of
confidential conversations with representatives at 15 area golf courses and
with organizers of 18 area fundraising golf tournaments.
*****
LTS
LeaderBoard of St. Louis (LTSSTL) help
organizations such as charities and corporations host more successful golf
tournaments and other fundraising events around the world, while also providing
social media marketing services through LTS
inTouch™. The LTS LeaderBoard system allows our clients to take
ordinary activities that already occur at most golf tournaments and special
events and make them more entertaining, sponsorable and profitable. This enhances the experience for the golfers
and participants, increases the value for the sponsors and portrays a more
professional image for the organizers - and makes their job so much
easier. LTS inTouch™ assists with the development and
implementation of strategic online marketing strategies in order to create influence.
For
More Information Contact:
Greg
Busch at 636.227.2500 or by email at gbusch@LTSLeaderBoard.com
LTS
LeaderBoard of St. Louis
● A Division of MaxPar Companies, Inc.
2182 Englewood Terrace ● Chesterfield, Missouri 63017
www.LTSSTL.com |
