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 .
Mon Jun 19, 2017
After 3 1/2 years of working to craft a new concept in the RV park and campground sector across North America, the financial backers behind the Cruise Inn brand of RV parks, campgrounds and cabins decided to end operations earlier this month. It wasn’t because Cruise Inn was a flawed concept, but it may simply have been ahead of its time, maintains Cruise Inn CEO Trent Arnold.
Arnold joined the company last year and became president and CEO of Cruise Inn in May, expecting to speed up momentum of growth for the network, which had 42 parks committed to it. But a month later, he found himself winding it down, helping member parks and brand staff members make a disappointing transition, according to a story by Woodalls Campground Management.
Cruise Inn was a new concept, attempting to create a different type of brand in the outdoor hospitality space. It was a brand business model unlike franchise systems Kampgrounds of America and Yogi Bear’s Jellystone Park Camp-Resorts or from the Thousand Trails and Encore Resorts brands of Equity Lifestyle Properties Inc.-owned parks.
Additional Information: http://www.woodallscm.com/