Discover the economic heartbeat of Hawaii’s golf industry!
We are thrilled to announce the publication of the "Hawai’I Golf Economy 2023 Economic Impact Analysis." This comprehensive report, released by The PGA of America – Aloha Section and Foundation, sheds light on the significant economic contributions of golf to our home islands.
Golf isn't just a sport; it's an integral part of Hawaii's economy, supporting jobs, generating revenue, and driving tourism. Through this analysis, we gain valuable insights into the economic footprint of golf in our state, reaffirming its status as a vital industry.
As stewards of Hawaii's golf courses, it's crucial for us to understand and appreciate the economic impact of our sport. By sharing this report on our website, we aim to inform, educate, and advocate for the continued growth and prosperity of the golf industry in Hawaii.
We encourage all members, stakeholders, and golf enthusiasts to explore the findings of the "Hawai’I Golf Economy 2023 Economic Impact Analysis" and join us in celebrating the economic power of golf in Hawaii.
Together, let's continue to champion Hawaiian Golf and its positive contributions to our communities and economy.
Key highlights from the Economic Impact Analysis include:
- Combined financial outlay of $393 Million annual from operational revenue and capital investments.
- Over $1 Billion dollars generated in annual golf tourism and golf-related retail spending.
- Homes values adjacent to golf courses increase property values by an estimated 32% resulting in real property tax collections in golf course communities amounting $2,695,761.
- Direct economic impact of $1.8 Billion and $1.6 Billion from indirect economic impact from core industries bringing the total economic contribution to the Hawai’i economy of $3.4 Billion dollars.
