According to the Recreation Vehicle Industry Association (RVIA), the future looks promising for RV travel. This means the demand for RVs will remain robust, according to one University of Michigan study. Among US households that currently do not own or have not previously rented an RV, one in seven have showed an interest in buying or renting the transportation in the future.
What the Statistics Say
Both empty-nesters and parents show a strong current interest in RV travel. In addition, Generation X’ers possess interests in outdoor activities that are compatible with RVing. The University of Michigan study also found that baby boomers in the 55-to-64 year age range maintain high ownership rates and interests in traveling by RV.
RVs are available in motorhomes and towables, which are towed behind a family car, pickup, or van. Type A motorhomes are usually the biggest, while Type B motorhomes, also referred to as van campers, are the smallest. Type C motorhomes fall in a size between Type A and Type B. As a result, there is a recreation vehicle for just about every budget and taste.
Good for the US Economy
Indeed, if you wish to rent a RV, you will be well-accommodated. More than 12,000 businesses in the US are associated with the making, selling, or renting of RVs, with combined revenues of close to $38 billion. In fact, the RV industry employs over a quarter of a million Americans.
Today’s average RV aficionado and traveler is 48 years of age and married and makes a household income of about $60,000. That is higher than the median income for all US households, according to the University of Michigan study. Most people who go by RV, travel about three weeks annually. The University of Michigan study added that people 35-to-54 years old have the strongest interest in RV travel.
Why People Love RVs
It is not surprising then that RV rental and ownership is a popular activity. People who like to travel by RV like to do so because it is comfortable, family-friendly, flexible, convenient, and affordable. In fact, RV vacations are more economical than traveling by a commercial aircraft, cruise ship, or personal auto. This type of vacation travel also strengthens family relationships. According to research, a household family of four spends about 60% less when they travel by RV.
When you travel by RV, you can also enjoy the Great Outdoors. Traveling by RV takes you to beaches, parks, mountains, and out-of-the-way small towns. You can travel to remote locations without giving up your home comforts, as well. If you rent a sport-utility RV, you can easily haul your motorcycle, snowmobile, or ATV on board.
Other Uses for RVs
Besides camping, RVs can also be used for tailgating at sporting events or for pursuing specialized interests, such as dog, horse, or antique shows. Renting an RV is also a popular approach to trying out the vehicle before you make a decision to buy. Currently the RV rental business is a $350 million industry, which only continues to grow.
RVs are driven to over 16,000 privately-owned and public campgrounds throughout the US annually. People who love RV travel can roam the roadways over the weekend or for months at a time.