Select Performance Differences in Equity and Non-Equity Membership Structures Within Private Clubs
Titel:
Select Performance Differences in Equity and Non-Equity Membership Structures Within Private Clubs
Auteur:
Ferreira, Raymond R. Gustafson, Catherine M.
Verschenen in:
International journal of hospitality and tourism administration
Paginering:
Jaargang 7 (2006) nr. 2-3 pagina's 63-79
Jaar:
2006-07-27
Inhoud:
Managers at private clubs in the Greater Toronto Metropolitan area who are members of the Ontario Branch of the Canadian Society of Club Managers (CSCM) were surveyed to determine the membership structures at their clubs (equity or non-equity), along with the reasons, and advantages/disadvantages for those structures. Responses were received from 46 managers, 57% of the population. The managers were affiliated with golf-country clubs, yacht clubs, city-athletic clubs, and city clubs. Respondents of the survey most often represented: golf-country clubs (78%), member-owned clubs (84%), and clubs with non-equity membership structures (83%). Clubs with non-equity membership structures were more likely to have full memberships and waiting lists of candidates to join the clubs. Non-equity clubs also had lower entrance fees to join, but retained a higher proportion of the overall entrance fee paid by members when they joined compared to equity clubs.