Camping and RV News and Press Releases
Want to stay up to date on the latest press releases and business news in the camping and RV industry? Scroll below to view all camping/RV industry business news.
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June 15, 2023
Investment company formed to buy RV parks, marinas
Monarch Alternative Capital LP, an investment firm with approximately $11 billion of assets under management, has formed Go Outdoors, a platform to acquire, develop, and operate marinas and RV resorts across the United States. Monarch launched the platform with the recapitalization of two large-scale portfolios and partnered with Safe Harbor...
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June 14, 2023
Campers Inn RV Buys Northeast Dealership
Campers Inn RV is acquiring Dylan’s RV Center in Sewell, New Jersey. The 48,500-square-foot RV center sells Type A, B and C motorhomes as well as providing service and RV storage. It is the second location Campers Inn RV acquired in New Jersey in the past year. Dylan’s RV Center...
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June 14, 2023
KOA Report Shows Campers Embracing Artificial Intelligence
The Kampgrounds of America, Inc. (KOA) Monthly Research Report – June 2023 Edition indicates that campers are adopting artificial intelligence (AI) more quickly than other leisure travelers. Currently, 32% of campers share that they have used AI for trip planning, while another 22% plan to utilize it in the future....
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June 13, 2023
Camping World launches brand-specific dealership format
Camping World Holdings Inc., America’s largest retailer of recreational vehicles (RVs) and related products and service,s is introducing a new dealership format that dedicates select individual dealerships exclusively to selling, servicing, and showcasing a specific RV brand’s products. Each store will feature a tailored, brand-specific customer experience and specialized staff training....
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June 12, 2023
Camping World to Acquire Funtime RV’s Three Oregon Stores
Camping World Holdings is acquiring Funtime RV, which has three locations in Oregon. The buyout will give Camping World nine Beaver State locations. RV-Pro
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June 12, 2023
‘Anyone can do it’: More women are buying RVs. Here’s why.
After about four years of living in her recreational vehicle full time, Lindsey Kszos was thinking of calling it quits. Life on the road had given her the freedom to live wherever she wanted and immerse herself in nature, but it also lacked a sense of community. That’s all changed...
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June 9, 2023
Luxury Waterfront RV Park & Yacht Resort to Sell $729K Lots
Due to the strong demand for luxury RV real estate, Yacht Haven Park & Marina announced it will be offering several of its prime rental resort lots for sale. Prices will start at $729,000 for waterfront lots. Purchasing a lot provides the opportunity for owners to rent their lots out...
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June 8, 2023
RV Today Magazine Acquires RV Camping Magazine
RV Today magazine has bought RV Camping magazine, which was owned by Mike Scarpignato of RV Blogger. By combining the strengths, expertise and loyal readerships of both publications, the acquisition creates an unparalleled platform for RV enthusiasts, providing them with an enhanced experience and a wealth of valuable insights. RV-Pro
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June 8, 2023
RiverPark acquires ProSpec Electronics
ProSpec Electronics, a manufacturer and supplier of high-performance outdoor OEM and aftermarket audio solutions, has been acquired by electronics distributor RiverPark Inc., announced by Dave Sykes, ProSpec president, and Steve Bollero, RiverPark president. ProSpec is now RiverPark Marine dba ProSpec Electronics. Its efforts will be supported by the sales, distribution...
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June 6, 2023
California Campsites Could Get Easier to Book if This Bill Passes Senate
California has more State Park land than any other state in the nation — with 279 parks and over 15,000 campgrounds. And still, securing a campsite at any one of them can be a serious challenge. With over 7 million park visitors each year, it gets busy out there. According...
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June 6, 2023
Thor Industries’ Revenues Drop 37 Percent In Fiscal Third Quarter
Thor Industries, Inc. reported earnings fell 65.3 percent in the fiscal third quarter ended April 30 on a 37.1 percent revenue decline against pandemic-boosted results in the year-ago quarter. The maker of RVs slightly raised its outlook for the year on a better-than-expected performance. SGB Media
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June 5, 2023
Camping World Holdings To Acquire RV Center Outside Seattle
Camping World Holdings, Inc. plans to acquire Roy Robinson RV Center in the greater Seattle, WA market. The acquisition will reportedly close in the third quarter of 2023, increasing Camping World’s Washington location count to seven. SGB Media
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June 5, 2023
How RVs and #vanlife Became Really Expensive
After two years when it seemed everyone hit the road to live their best #vanlife or explore the outdoors in a larger motor home, some of the air is rushing out of the recreational-vehicle boom.Buyers are balking at soaring prices, forcing U.S. RV manufacturers to temporarily shutter production and dealers...
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June 1, 2023
Outdoorsy Hits 1M Trip Milestone
RV rental marketplace Outdoorsy has surpassed 1 million trips – or 7 million booked travel days – since the company was founded in 2015. The milestone comes on the heels of being recognized as one of Fast Company’s “Most Innovative Companies in Travel and Hospitality” for 2023. RV-Pro
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May 27, 2023
Living and working from an all-electric VW ID Buzz
Like most people, I’m intrigued by the idea of electric cars but not yet convinced it’s time to make the leap. I can name every Tesla model, a few pickups from Ford and Rivian, and that’s about it. But when Volkswagen announced the production model of the all-electric ID Buzz,...
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May 26, 2023
Is an RV Downturn the Same Recession Signal as Before?
Right now, times are tough in the RV business. The biggest manufacturer, Thor Industries of Elkhart, Indiana, announced this week that its net sales for the quarter ended Jan. 31 were down 39% from the same period a year earlier. Earnings per share were down 90%, and the company downgraded...
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May 25, 2023
Report: OEM’s Shipments Down 52% YOY Through April
One third of the way through 2023, RV shipments totaled 109,816 units, down 52% compared with the same period a year ago. According to data collected by the RV Industry Association, in April OEMs reported 31,216 units shipped, a 45.4% drop from the 57,192 shipped last April. RV Pro
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May 24, 2023
Camping World Reviews Use of Capital as it Eyes Deals
Camping World Holdings Chief Executive Marcus Lemonis said the company is reviewing its capital-allocation strategy as the RV dealership acquisition landscape looks attractive. Lemonis said the retailer of recreational vehicles is committed to maintaining a competitive dividend. The company on Wednesday maintained its quarterly dividend of 62.5 cents a share,...
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May 23, 2023
44 Million Americans Plan To Go RVing This Summer
A recent survey of America’s leisure travelers found that 44 million Americans are planning on going RVing this summer, including 12 million who plan to go RVing this Memorial Day weekend. Asked their reasons for considering RV travel, the respondents cited more flexible work schedules, a desire to travel more...
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May 23, 2023
KOA Buys Billings Location, West Yellowstone Properties
Kampgrounds of Americs Inc. (KOA) has purchased three KOA properties – Billings KOA Holiday in Billings, Mont., and Yellowstone Park/West Gate KOA Holiday and Yellowstone Park/Mountainside KOA Holiday located near West Yellowstone, Mont. Billings KOA Holiday, opened in June of 1962, holds the designation as the first KOA campground among...
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May 22, 2023
Canada’s Largest RV Dealer Group Moves into U.S.
Leisure Days RV Group, Canada’s largest RV dealership group by store count, acquired its first U.S. location after buying Wana Engine Center in Shipshewana, Indiana. With the purchase, Leisure Days RV Group has 34 RV stores in North America. Wana Engine Center owner Justin Miller will remain as the store’s...
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May 18, 2023
KOA Shakes Up Campground Management Positions
Kampgrounds of America (KOA) announced two new leaders tasked with leading both franchise and owned campground operations. Jill Currier has been promoted to senior vice president of operations for the owned properties of KOA, while Bill Gottwals joins the company to oversee the franchised locations as senior vice president of...
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May 18, 2023
National Parks Close Roads and Campgrounds and Delay Summer Openings
The epic winter of 2022–23 is still with us, with snowmelt causing flooding concerns in some national parks and in others roads and trails are closed for repairs. Here’s what you need to know for your summer trips. Outside Online
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May 15, 2023
RV explosion during tour at dealership sends 3 people to hospital, Texas cops say
Three people are hospitalized after an explosion happened in an RV being shown at a dealership in Texas, according to police. Officers with the Wharton Police Department responded to a 911 call about a “gas leak” at about 4:30 p.m. May 14, the department said in a news release. Investigators...
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May 12, 2023
Wild Adventures moves forward with ‘glamp’ RV park
Wild Adventures Theme Park is set to begin construction on a multi-phased Safari Campground Resort with sites for RV, cabins, "glamping" and amenities on the property. The Lowndes County Commission approved the theme park's updated site plan for the development at its most recent meeting and J.D. Dillard, county planner,...