Industry Finance Survey Proves that Maui Country Club Provides Affordable Access to Paradise
Industry Finance Survey Proves that Maui Country Club Provides Affordable Access to Paradise
Maui, Hawaii (PRWEB) August 04, 2011
The 2011 Club Managers Association of America (CMAA) Finance and Operations Report reveals the Maui Country Club as an affordable option among its competitors. Maui Country Club resides in the Small Market Segment along with 103 other clubs in that category whose annual revenue lands below 3.5 million. The survey finds that Maui Country Club charges less in membership fees when compared to other clubs within this segment.
Five recurring fees were analyzed among the Small Market Segment clubs, and they include: regular dues, food and beverage minimum charge fees, capital dues fees, house service charge fees, and special capital assessment fees. The average total for recurring fees among Small Market Segment Clubs is $ 455 per month and $ 5460 per year. Maui Country Club only assesses the regular dues for a total recurring fee of $ 250 per month and $ 3000 per year.
According to the report, these recurring monthly fees applied in addition to dues at other clubs, range from $ 25 to $ 40 per month in each category mentioned above. Maui Country Club charges no fees for each category listed aside for the membership dues. That difference yields a potential savings of up to nearly $ 1400 annually for Maui Country Club Members over other small market clubs. Medium and Large Market Clubs have even higher recurring fees.
The 2011 CMAA Finance and Operations Report is among the largest, most relevant surveys within the club industry; it had 452 CMAA clubs participate. The report measures a club’s management and success by examining its overall income and finances, food and beverage costs, course maintenance and golf operations, memberships, general and administrative costs, buildings and facilities, recreation and athletic fees.
Another major aspect of membership costs is the initiation fee; which the survey reports average $ 25,000 for the Country Club segment. Maui Country Club’s $ 5,000 membership initiation fee is refundable up to 80%, representing affordability and low risk to its members present and future.
Part of Maui’s success comes from referrals. Maui Country Club rewards its members with referral incentives and encourages its customers to introduce friends, family, doctors, lawyers, business associates, and others to the club.
Members of Maui’s Country Club benefit from a variety of year round activities including golf, tennis, swimming, pool aerobics, yoga, and themed social events for all ages. The Club has a restaurant, fitness center, hosts wine & book clubs, and is located on one of the North Shore’s great beaches.
For additional information about Maui Country club, go to http://www.mauicountryclub.org or visit them on Facebook.
About Maui Country Club:
Maui Country Club is located in Hawaii and is an icon on the North Shore of Maui at Spreckelsville. The 66-acre non-profit private club was founded in 1925 by H.W. Rice and F. F. Baldwin, together with the 46 member Maui Golf Association. The Club offers members a golf course and Pro Shop, six tennis courts, fitness center, private beach access, a swimming pool and pavilion. The new clubhouse has male and female locker rooms, a bar, lounge and restaurant, a ballroom for private functions, as well as a snack bar and outdoor lanai for dining. A variety of fitness classes, lessons, and social events geared toward members of all ages complete the package that makes this the place where friends and family come to play.
About CMAA:
The Club Managers Association of America (CMAA) is the professional association for managers of membership clubs. With close to 7,000 members across all classifications, manager members run more than 3,000 country, golf, city, athletic, faculty, yacht, town and military clubs. CMAA is collaborating with Club Benchmarking for all surveys and resulting reports. CMAA selected Club Benchmarking for its ease of use, Dynamic Benchmarking™ features, and for its ability to deliver a powerful decision making tool to desktops.
Contact Information:
Luana Pa`ahana
808-877-7893
luana(at)mauicountryclub(dot)org
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