The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.
Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .
Wed Feb 8, 2017
Newly-listed motorhome group Apollo Tourism & Leisure has become the biggest shareholder in Camplify, which uses a similar business model to online marketplace Airbnb to enable people to hire out a motorhome or a caravan from private owners anywhere in Australia.
Apollo has spent $1.75 million acquiring a 25 percent stake in Camplify, set up in 2014 with original backers including the NRMA road motorists organization and Artesian Capital.
Apollo Chief Executive Luke Trouchet said on Wednesday the deal gave the company a serious position in an emerging growth area which may in the future be a disrupter of its own business model.