Global commerce leader shares insights on the
success of U.S. and Canadian clients throughout year marked by
rapid digital transformation of golf industry
MONTREAL, Dec. 16, 2020 /CNW Telbec/ - Lightspeed
(NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based,
omnichannel platforms, today revealed customer growth insights for
its clientele within the golf industry, highlighting operators in
the United States and Canada have grown 23% and 26% respectively in
course occupancy year-over-year for January to September 2020, a period marked by the digital
revolution of golf operations similar to that witnessed in the
retail and hospitality industries.
In contrast, according to the National Golf Foundation (NGF),
industry average for rounds played increased by 8.7%
(year-over-year, in the same time period). The data underscores the
strategic role played by cloud-based technology in the operations
of the golf industry's highest-performing businesses in order to
capitalize on significant new interest in the game, driven in part
by COVID-19 measures.
"The ease and ability to seamlessly transition our business to a
digital, contactless model while driving online reservations from
20% to 90% in a week reveals how indispensable Lightspeed has
become as a tool for sustaining SMBs in 2020," said Del Ratcliffe, owner of five North Carolina-based golf course management
businesses and a Lightspeed customer. "It also showcases the strong
prospects for golf's continued growth in 2021 as course owners
remain agile and competitive in the evolving industry."
Lightspeed now powers more than 1000 golf courses worldwide.
Following a year of signing landmark deals with prestigious
courses such as Landscape Golf Management, this new set of data
indicates how Lightspeed is positively impacting sales for
independent businesses specifically within the golf and sports
business sector, helping business owners create safe, unique and
adjustable customer experiences that drive brand loyalty with
solutions.
About Lightspeed
Lightspeed (NYSE and TSX: LSPD)
powers complex small and medium-sized businesses with its
cloud-based, omnichannel commerce platforms in over 100 countries.
With smart, scalable and dependable point of sale systems,
Lightspeed provides all-in-one solutions that drive innovation and
digital transformation within the retail, hospitality and golf
industries. Its product suite enables SMBs to sell across channels,
manage operations, engage with consumers, accept payments and
ultimately grow their business.
Headquartered in Montreal,
Canada, Lightspeed is trusted by favorite local businesses
worldwide, where communities go to shop, dine and play. Lightspeed
has staff located in Canada,
USA, Europe, and Australia.
For more information, please visit: www.lightspeedhq.com.
On social media: LinkedIn, Facebook, Instagram, YouTube, and
Twitter
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factors may cause actual results to differ materially from the
forward-looking statements contained in this news release,
including, among other factors, those risk factors identified in
our most recent Management's Discussion and Analysis of Financial
Condition and Results of Operations, under "Risk Factors" in our
most recent Annual Information Form, and in our other filings with
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reliance on forward-looking statements. Forward-looking statements
contained in this news release are not guarantees of future
performance and, while forward-looking statements are based on
certain assumptions that the Company considers reasonable, actual
events and results could differ materially from those expressed or
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SOURCE Lightspeed POS Inc.