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RV PARKS

Industry Overview

  • RV ownership has reached record levels with about nine million RVs in the United States and 25 million people who use them

  • People living longer and entering market earlier has contributed to the expansion with nearly one in twelve vehicle-owning households owning an RV

  • Industry size is about $16 billion

  • RV shipments for 2009 are estimated at 130,100 units. Recent history of RV shipments:
    • 2008 237,000
    • 2007 353,400

  • Despite higher fuel prices, RV usage remains strong:
    • A recent study suggest that a family of four can spend 27 to 61% less on RV trips, compared to other vacation types
    • Many RV owners treat an RV as a second home for tax purposes
    • RVs are a chosen form of camping for some; an alternative lifestyle for others; a vacation cottage; or can also serve as full-time affordable housing

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