SEOUL, April 21 (Korea Bizwire) — Golf courses in South Korea reported record operating profits last year following the coronavirus outbreak. Audit reports that South Korean golf clubs submitted to the Financial Supervisory Service showed that the 257 golf courses saw their profits soar by 31.6 percent last year, the highest jump since 2009, according [...]
SEOUL, Nov. 30 (Korea Bizwire) — A growing share of the MZ generation, a combination of the millennials and Generation Z, are engaging in sports activities previously popular among older Koreans such as golf, hiking, and camping. An increasing number of posts on Instagram and other social networking platforms have shown that the younger generation [...]
SEOUL, Nov. 6 (Korea Bizwire) — With the spread of the COVID-19 pandemic resulting in increasing preference towards outdoor activities, public golf courses are gaining popularity among South Koreans who are unable to go overseas to play golf. On the back of the increasing popularity of the public courses, green fees are soaring, causing mounting [...]
SEOUL, Oct. 23 (Korea Bizwire) — South Korea’s green fees for public golf courses are more than twice as expensive as those in Japan, according to recent data. Green fee is a common term used at all golf courses. It is the set fee golfers must pay at the pro shop or clubhouse in order [...]
SEOUL, June 8 (Korea Bizwire) — Golf courses are keeping a low-profile despite a surge in the number of golfers coming to enjoy the outdoors in the midst of the coronavirus pandemic. Golf’s popularity is soaring as an ‘untact’ outdoor sport with relatively low risk of infection that doesn’t require physical contact. Golf courses in [...]
YANGJU, May 14 (Korea Bizwire) — Post-round hugs and handshakes gave way to fist bumps. There was no clubhouse banter. There were more bottles of hand sanitizer than there were fans. These are elements of golf’s new normal during the coronavirus pandemic. Golf returned in South Korea on Thursday with the opening round of the [...]
SEOUL, May 9 (Korea Bizwire) — A growing number of golf courses in South Korea are allowing visitors to play golf without having to hire a caddy. Traditionally, caddies have been an essential part of South Korean golf, a requirement for golfers, whether they like it or not. They are also very expensive. Golfers have [...]
SEOUL, Nov. 30 (Korea Bizwire) — According to recent data released by the Korea Golf Association, there are 6.36 million golfers in South Korea. Considering that 8.4 million people attended professional baseball games last year, the number of golf players in South Korea is extraordinary. One Japanese golf magazine reported on Korea’s passion for golf [...]
SEOUL, Feb. 1 (Korea Bizwire) — Imports of golf equipment increased more than 10 percent last year, customs data showed Thursday, bucking initial expectations that the popularity of the costly sport would be dampened by a new anti-corruption law. Trade figures obtained by the Ministry of Culture, Sports and Tourism from the customs agency said [...]
INCHEON, Oct. 16 (Korea Bizwire) – The UL International Crown, a fledgling women’s match play competition put together by the LPGA Tour, is here to stay as it provides a “unique” opportunity for fans and players alike, the tour’s top official said Monday. LPGA Tour Commissioner Mike Whan said the International Crown, which was first [...]