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 .
Thu Dec 14, 2017
After one year in business, RV Rental Connection has taken industry “disruption” to an entirely different level. Last week, during a phone call from a growth equity specialist at Norwest Venture Partners, CEO Bonnie Worthington said she was surprised and proud to find out her startup company has been identified as an “industry disruptor’s disruptor.”
“That description fits us perfectly,” Worthington says.
The traditional RV rental industry has been disrupted over the past few years by Peer-to-Peer RV rental websites with a commission-based business model offering individual RV rentals from private owners.
“We seem to be upsetting the apple cart by offering a Peer-to-Peer RV rental website and business model that private owners and the traditional RV rental industry is warmly embracing, but the industry disruptor’s don’t like,” Worthington says. “What makes us so different is we don’t control the rental transaction or take a hefty commission from the owners’ RV rental income and add-ons. We don’t hold the RV owners’ income hostage, leaving what’s left over to the RV owner. We make it so companies like Cruise America or individual owners can advertise with us, take advantage of our marketplace, but keep their income. I like that we have inspired an entirely new business term: an Industry “Disruptor’s Disruptor.”
Martin Onken, a traditional RV rental owner of a “managed” RV rental fleet is an annual speaker and instructor at the RVDA convention and the MBA RV Rental School. Onken’s companies were RV Rental Connection’s first client last year at launch. Since then, RV Rental Connection has grown its RV rental owner representation to include 30 states, plus members in Canada and hopes to have RV rentals in all 50 States, with more in Canada by the end of 2018.
Last month, Worthington and RV Rental Connection were honored along with several other companies in the U.S. and around the world for their innovations and leadership with the Bronze Award in the following categories by the American Business Awards – Stevie Awards for Women in Business.
• Startup of the Year (Business Services)
• Most Innovative Company of the Year (Business Services)
• Female Entrepreneur of the Year (Business Services)
• Maverick of the Year (Business Services)