RVs move America. The economic impact of the RV industry.
New RV parks are needed to keep up with the demand.
$27 Billion
Economic output
22,797
# of RV businesses
$5.7 Billion
Total taxes paid
3,001
# of RV dealerships
$7.9 Billion
Direct wages
155,608
Direct jobs
Our Acquisition Criteria
Ideal Search Parameters
• Purchase quality single entity parks or multiple parks with a larger aggregate value
• Procure recognizable, branded companies & franchises
• Preference for high margin RV park operations with distinct revenue streams
• All age, family oriented, active retirement communities & RV resorts
• RV parks with 50%+ annual leases & transient parks with stable revenue trends
• Short stay & vacation destination parks with stable revenue trends
• Minimum revenue growth potential of 3% per annum
• Expansion potential via sites & recreational amenities
• Parks located in destination areas within a 2 hour drive of major population centers
• Public utilities preferred
Park Site Types
Types of Campsites & Other Accommodations
Almost all parks offer full hook-up campsites, 1/2 offer water & electric only sites & rustic tent sites. About 1/3 of parks offer alternative accommodations such as RV trailer rentals, cabins, or yurts.
The Future of Camping
An Expanding Asset Class
• When considering the future of camping, the future is now
• Enthusiasm is strongest among younger campers when compared to older campers
• More than half of all campers are now camping with children
• Younger campers are highly social, camp in larger groups & seek a variety of accommodations
• Campers enjoy trip planning & place importance on outside, active recreational activities
• Existing parks require improvements in infrastructure & additional amenities
• RV sales are robust & demonstrate sustained growth
• New RV parks are needed to keep up with the demand