Professional Documents
Culture Documents
CLUBS
CLUBS
CLUBS
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• Ownership of Clubs
• Private clubs are owned in one of two ways: they are either
member-owned clubs, called equity clubs, or non-member-
owned clubs, called non-equity clubs. Non equity clubs may be
owned by real-estate developers, corporations, or other owners.
Equity Clubs are clubs owned by their members and governed
by a board of directors elected by the members. In effect, the
members are not just “customers,” but also shareholders (they
own equity in the club). Each member has a vote when it comes
to electing board members or deciding major club issues (unless
the member has purchased a type of membership that does not
include voting rights). The managers of equity clubs work
directly for the members, since the members own the club.
Equity clubs are usually established as nonprofit corporations
that are
• Non-equity clubs represent another form of ownership; the
assets of the club are owned by an individual or a corporation,
not the club’s members, and the members’ control over the club
is much more limited. Members do not often participate in
major policy decisions, as they do in equity clubs, and club
managers in non-equity clubs work for the club’s owners, not
the members. Non-equity clubs typically are not tax-exempt;
they are usually for-profit organizations. Most nonequity clubs
are corporate clubs or developer-owned clubs.
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Types of Clubs
Clubs are hard to categorize, because there can be so much variation among clubs
within a category, and because so many clubs can be categorized in more than
one way Most clubs fall into one of two broad categories: country clubs or city clubs. While
this is helpful, these categories refer primarily to location and only hint at the nature of the
clubs. However, for purposes of discussion, it is useful to divide clubs into three categories:
country clubs, city clubs, and “other” or specialty clubs.
• Understanding how these different
types of organizations work can be
beneficial in hospitality management
because it allows professionals to
create tailored experiences for guests
based on their interests.
•"My colleagues will now proceed to
explain each of the types of clubs."