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Campgrounds & RV Parks in the US
IBISWorld, June 2011, Pages: 29
Road to recovery: Revived travel rates and the aging population will stimulate growth
Campgrounds & RV Parks in the US
Hitting the road
After weak economic conditions and declining travel rates caused demand for campgrounds and RV parks to drop, revenue will likely climb back up over the next five years. The industry will benefit from the aging of the population, particularly of people aged 55 to 75, as they positively influence demand and revenue growth. Furthermore, the depreciation of the US dollar will encourage domestic travel.
This industry operates RV parks and campgrounds, and recreational and vacation camps that accommodate campers and their equipment. These establishments may provide access to facilities such as washrooms, laundry rooms, recreation halls and playgrounds, and snack bars. The industry includes RV parks, campgrounds and trailer and caravan parks, as well as girls' and boys' summer camps and wilderness camps.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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