RV Parks & Campgrounds in the US

Retirees are driving RVs to growth

While this is a growth industry, it is expected to expand only moderately throughout the next few years. RV sales are expected to decline for a short period of time, which directly affects the amount of RV spaces required. Factors such as slow economic growth and high fuel prices will lead to lower growth in travel. However, the industry will benefit from the aging of the population, particularly of persons between 55 and 75 years, as they will continue to positively influence demand and revenue growth. It is important for industry participants to improve facilities and amenities in order to attract guests.

This industry comprises establishments primarily engaged in operating recreational vehicle parks and campgrounds and recreational and vacation camps. These establishments cater to outdoor enthusiasts and are characterized by the type of accommodation and by the nature and the range of recreational facilities and activities provided to their clients. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.