For clubs, 2017 was a banner year. Many clubs turned the corner in 2015 and membership has continued to grow, although slowly, for the last two years. While recovery among the exclusive clubs (A level clubs) remains strong, there are still too many clubs in some areas, which weakens demand in those locations. Clubs are addressing a changing demographic  and the innovative ones are doing that successfully. The trend of more clubs closing than opening began in 2006. With just moderate growth expected for the economy and the overbuilding of facilities in the 90s, this trend will continue.

For more information on this publication, contact Amanda Wolfe at awolfe@pkfboston.com.