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 Jan 11, 2018
Campanda.com, the world’s largest peer-to-peer RV rental company, has set up their U.S. operations in Cambridge, Massachusetts, according to a company press release. Campanda welcomes RV local owners to join the largest international community of RV enthusiasts, where members earn income by renting their personal RVs to other RVers through their safe and secure platform.
Campanda, the AirBnB of peer-to-peer RV rentals, has set the standard around the world, operating in 42 countries, delivering around 20,000 inquiries per month to RV owners, the release states. AirBnB’s enormous success proved t peer-to-peer rentals are popular and lucrative; today the AirBnB platform is a household name, used by over 4 million hosts and generating $2.5 billion in revenue.
“We are genuinely excited to provide our model to US RV Owners, and have been honestly amazed at the level of interest from RV enthusiasts,” says Niklas Kubasek, COO at Campanda.
RV owners are taking a new look at the valuable asset they have sitting in the driveway. It is estimated that up to 60,000 American RV owners have now cashed in on the opportunity to make additional income from their RV and have listed their vehicle with one or more of the peer-to-peer sites currently operating in the United States.
“Supporting RV Owners to safely and confidently rent out their RV’s in over 42 countries has taught us many things over the years. Most importantly it has proven that providing peace of mind through comprehensive insurance, roadside assistance and exceptional customer support is what matters to RV owners everywhere,” says Niklas.
The Campanda model guarantees RV owners total control over who rents their vehicle. Owners can communicate with potential renters before approving a booking, meaning they only ever rent their vehicle to RV enthusiasts they personally trust.
Campanda understands that entrusting valuable property to another person needs to be done thoughtfully, with the right services and security. That’s why the company is committed to providing the best insurance on the market. RV owners are protected with comprehensive and collision insurance with liability up to $1 Million, ensuring that the owner is never out of pocket. Campanda’s roadside assistance program, the most comprehensive plan available, promises total coverage and further peace of mind for both the owner and renter.
The fast-growing peer-to-peer RV rental market offers exciting opportunities for RV owners.
● It is not unusual for RV owners to earn $2,000 to $4,000 a month from just a few bookings. Many times, this revenue more than covers their monthly payment and insurance coverage. Mike Jarvis of Canby, OR, for example, earned $6,100 in just ten weeks of listing his RV on Campanda.com. Timothy Ferguson of Chicago, IL made $8,400 in twelve weeks.
● RV enthusiasts can use their rental income to help finance their own RV trips. The chance to offset costs by renting out one’s vehicle could become a huge selling point for savvy RV dealers looking to inform prospective owners who may be daunted by the cost of purchasing an RV.
● Owners are taking full advantage of this new financial opportunity. Campanda has witnessed RV owners becoming entrepreneurs by investing in their own personal rental fleets for an impressive source of income.
Campanda allows RV owners to sign up and receive inquiries free of charge. You can learn more about Campanda at www.campanda.com or by calling them at 1-800-207-6361.