Golf course boom is over

Golf course boom is over - 1992 - Daily Telegraph 6 July 1992, 4 (2) .

Many developers, who took up the recommendation for 700 more courses in England from the Royal and Ancient Golf Club`s 1989 report, now face ruin because of higher than expected construction costs and the long period before any return is seen.


BOOM
DEVELOPERS
GOLF CLUBS
GOLF COURSES
RECESSION