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Monthly Reports

August 2020 Monthly Report

Monthly Report Archive

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Number of Players Utilization Rate1
  Actual
YoY
Change2
(%)
3-Year
Average
Change3
(%)
Actual
(%)
Year-on-Year
Change4
(Percentage
Point)
3-year Average
Change5
(Percentage
Point)
Apr 392,466 -24.6 -24.6 63.9 -19.5 -19.0
May 512,750 -12.6 -11.1 79.1 -10.4 -8.8
Jun 517,368 +0.5 +1.8 82.5 +0.7 +2.2
Jul 505,187 +1.5 +0.9 78.7 +1.9 +1.1
Aug 602,912 +17.8 +19.9 92.8 +13.3 +15.6
Sep
Oct
Nov
Dec
Jan
Feb
Mar
TOTAL 2,530,683 -19.7 -3.0 79.6 -3.1 -1.6
1Q 1,422,584 -12.3 -11.4 75.3 -9.7 -8.4
2Q
3Q
4Q

In August 2020, the number of players was 602,912 and utilisation rate was 92.8% as a result of 29 more operating days for the month compared to the previous year due to good weather. Average price per player in August 2020 declined 9% from the previous year.

Information above is obtained from Accordia Golf Co., Ltd. as the manager of the 88 golf courses (including golf course related assets relating to such golf courses) located in Japan in the portfolio of Accordia Golf Trust. The information is on a best estimate basis and unaudited.

Appendix: 3 Year Average6

  Number of Players ('000) Utilization Rate
%
Apr 520,661 82.9%
May 576,668 87.9%
Jun 508,223 80.3%
Jul 500,820 77.6%
Aug 502,667 77.2%
Sep 497,902 79.9%
Oct 493,483 77.2%
Nov 514,248 81.9%
Dec 467,276 76.3%
Jan 376,807 66.6%
Feb 355,251 68.1%
Mar 467,117 75.6%
1Q 1,605,552 83.7%
2Q 1,501,389 78.2%
3Q 1,475,007 78.5%
4Q 1,199,175 70.2%
  1. Utilisation Rate = Total number of players per 18 holes / (Total operating days x 50 (flights) x 4 (persons)). Total operating days exclude closed days under specific circumstances such as typhoon and snow, among other factors
  2. Year-on-Year Change = (Current month data - corresponding month of the previous year) / corresponding month of the previous year
  3. 3-year Average Change = (Current month data - previous 3-year Average) / previous 3-year Average
  4. Year-on-Year Change (Percentage Point) = Current month data - corresponding month of the previous year
  5. 3-year Average Change (Percentage Point) = Current month data - previous 3-year Average
  6. 3-year Average = Average data of the corresponding month(s) of the previous 3 years