SEOUL, Dec. 31 (Korea Bizwire) — Golf businesses are thriving in the pandemic era while restaurants and lodging facilities across the country struggle to remain afloat.
Shinhan Card Co., a major credit card company in South Korea, reported that customers spent 31 percent more on golf-related activities than in 2019 before the onset of the pandemic.
Outdoor golf courses saw women customers in their 30s and 60s jump by 40 and 58 percent, respectively, since 2019.
“Golfers in their 60s began to increase in number as many of them began to retire, flocking to outdoor golf clubs,” Shinhan Card said. “The rising number of golfers in their 30s is attributed to the increasing popularity of golf throughout the age group.”
A virtual reality (VR) game commonly referred to as “screen golf” is also thriving with a 54 increase in customers among men in their 20s and women in their 60s since 2019.
Image Credit: Lakewood Country Club / Sky72 Golf & Resort / photonews@koreabizwire.com