With about 150 courses closing each year, club owners/managers are trying to shore up their assets.
In some cases, reports Bloomberg, how that is being done has ticked off club members. In response they are suing, among others, Carl Icahn's Seabury Country Club and Donald Trump's National Golf Club.
At the Seabury facility, fees have been raised and refunds are being refused on initiation fees. Some members perceive such terms and conditions as bullying behavior. So, a lawsuit has been filed.
At other facilities the deals members signed up for are being reconfigured. Without their input. They suspect that, with the golf recession, owners are trying to make a real estate play. At the expense of current club members.
Since club members tend to powerful, influential, and wealthy, it's surprising the owners/managers are allegedly attempting these kinds of tactics. Surely, they knew to anticipate push-back?