Golf is big business and Turkey is becoming an important European market for resorts that cater to the game’s enthusiasts.

Golf is worth more than 50 billion euros a year in Europe, the Middle East and Africa (EMEA), according to a study by KPMG Golf Advisory Practice published in 2013.

These latest available figures claim the sport in the EMEA region generates total revenues of 53 billion euros, supports almost half a million jobs and pays nearly 10 billion euros in wages.

And the business of golf is growing.

“While golf in the Europe, Middle East and Africa region is about one-third the size of the U.S. golf industry, it is growing fast, especially in the areas of golf tourism and golf real estate,” KPMG says.

“According to KPMG’s research, these key sectors now account for almost half the game’s total revenue. Real estate is the number-one money earner, bringing in almost 19 billion euros, which outstrips the total on-course cash (green fees, memberships), etc.,” their research adds.

Golf real estate is just what Turkey has to offer. Integrated golf resort developments in Turkey have the second strongest mid-to-long-term growth potential of all countries in the European Mediterranean region, according to a separate report by KPMG on golf real estate.

via Experts: Turkish golf business offers growth potential – Daily Sabah.