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 Aug 8, 2018
Author: RV News Staff
Camping World Holdings has signed an agreement to acquire Holiday Hour RV located in the greater Dekalb, Illinois area.
“Since 1972, Holiday Hour RV has established itself as a successful and well-known RV dealership in the state of Illinois,” says Marcus Lemonis, chairman and CEO of Camping World Holdings. “We are pleased to announce this acquisition and look forward to the continued expansion of our market share throughout the Chicagoland area.”
Camping World recently announced the planned expansion of its RV sales locations by more than 30 percent through the launch of Gander RV Sales, new store openings and continued acquisitions. The acquisition of Holiday Hour RV is in line with the Company’s future growth plans.
Holiday Hour RV will be Camping World’s second Illinois location, joining the SuperCenter in the Wauconda/Island Lake area that focuses on RV sales, service and retail accessories.
“We are well-positioned to remain a leader in the RV industry as it continues to evolve,” says Brent Moody, COO of Camping World. “The addition of Holiday Hour RV will allow us to expand our footprint in the state of Illinois while continuing to deliver a high standard of customer service and integrity in the industry."