Vacation Industry,
Las Vegas Area Courses Affected
TravelGolf.com
Staff Report
LAS VEGAS, NV-- (SEPT 18, 2001) - With the number of injured, dead,
and missing on the rise in New
York City and Washington
D.C., and the country mounting a $40 billion war effort against
terrorism, thoughts of the golf and travel industry's future vitality
have faded almost completely into the background.
If and when the U.S. is able to complete a successful campaign
against the perpetrators of the Attack on America, thoughts will
return to restoring some normalcy to citizen's lives. Then - and
only then - will Americans be able to reprioritize recreational
events such as Major League Baseball, college football, and golf.
Eventually, American peacetime industry will have to come to
grips with how the horrific events of September 11 will affect
the way they do business, and perhaps more importantly, the impacts
the Attack on America will have on profits.
Already, the country's airlines and insurance industries have
come under intense financial pressure that could force a number
of companies into bankruptcy. As the stock market reopened on
Monday morning, the several airlines saw dramatic drops in their
market value. The golf and travel industry is closely tied to
the airline industry.
Las Vegas and its golf courses are frequented most by vacationers, with
a high percentage of them arriving in the area via planes. Given the recent
events, and the subsequent caution of Americans to board planes, could
lead to negative effects for the local golf markets.
"As Americans test the waters in terms of flying and visiting
large cities like Las Vegas, golf courses should see a decline
in play," said Robert Lewis, President of TravelGolf.com, publishers
of LasVegasGolf.com. "As
for the long term, as national comfort level increases over time, the
Las Vegas golf courses, as well as hotels and other vacation related
industries, will begin to see a rise in customers."
Before the attacks on September 11, the golf industry was already
suffering from a lagging U.S. economy that has resulted in decreased
rounds played. Given the circumstances, it is unlikely that the
economy will rebound this year.
"The entire travel industry, including airlines and hotels,
is going to be hurt, both because of increased caution and the
continual struggle of the economy," said Lewis.
TravelGolf.com
publishes 24 online travel and golf publications including MichiganGolf.com,
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and GolfArizona.com.