RV sales and rentals continue to grow despite gas prices
When the COVID-19 pandemic hit two and a half years ago, travel all but came to a standstill. No one boarded a plane, the cruise stopped, and hotel rooms were not booked.
Travel has declined.
Except for recreational vehicles.
The industry has seen a huge increase in sales and rentals from summer 2020, and although the pandemic has subsided and virtually all travel restrictions and requirements have been lifted, the popularity of RV travel continues .
Despite $5 a gallon of gasoline and travelers heading back to airports and cruise docks, Americans are still flocking to recreational vehicles. According to Forbes, motorhome sales were up 19% in 2021 compared to 2020. Through April this year, deliveries were up 10.1% compared to 2021.
“The motorhome remains a great travel option for people who want to enjoy the freedom of travel while giving them greater control over travel costs,” said Craig Kirby, RV president and CEO. Industry Association, in a statement to Forbes.
This is just another example that many Americans are nonetheless choosing to travel despite rising costs. And the RV industry is trying to help. RVshare, described as a peer-to-peer RV rental marketplace, is running a promotion that will see the company give away half a million dollars ahead of the busy Fourth of July weekend.
“The pledge to pay renters gas comes at a critical time for consumers as summer travel surges and prices remain inflated,” RVshare CEO Jon Gray said in a statement to Travel. +Leisure. “The RV travel boom continues and RVshare wants to help ease some concerns renters may have this summer.”