What data is crucial to assess a facility's tournament business from past records?

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Assessing a facility's tournament business using past records primarily revolves around understanding the financial outcomes, which make the amount of revenue and its sources critical data points. This revenue data reflects how successful the tournaments were in generating income, allowing for an analysis of which types of events were most profitable and which sources contributed to that revenue.

By examining various revenue sources—such as entry fees, sponsorships, and concessions—a facility can identify what worked well in the past, informing future strategies and decisions for maximizing profitability. Understanding revenue trends helps to evaluate overall business health and guides marketing efforts for upcoming tournaments.

In contrast, while other data points like utilization of the golf cart fleet and course characteristics provide valuable insights into operational efficiency and logistics, they do not directly indicate the financial health of the tournament business. Days of the week that generated the most events are also important for scheduling, but without the context of revenue, they do not give a complete picture of the tournament's success. Thus, focusing on revenue and its sources is fundamental in assessing the business aspect of tournament operations.

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