![]() The RV and camping industry’s spike in 2020 continued in 2021, with over 66 million people camping in the US and over 8.3 million trying it for the first time, according to this 2022 camping report. A Closer Look at Recent RV Industry Trends Let’s simplify your RV deep dive with some stats. Whether you’re looking to rent or invest in an RV (or even an RV park), it’s crucial to have a bird’s-eye view of the overall RV market. “We are also seeing travelers turn to camping as a means of keeping costs down as other costs rise.Įconomic uncertainty may also be the reason for a bullish outlook on RV travel, as it’s one of the more affordable ways to vacation. “Despite, or even because of, current economic uncertainty, both current and new, younger campers are eager to take even more trips next year to experience the unique benefits that nature has to offer,” Scheinman said. While inflation, economic uncertainty, and a post-pandemic return to normal travel have slowed the sales of new RVs (more on that later), the camping outlook in 2023 and beyond is very promising, according to Campspot CEO Michael Scheinman. Economic Uncertainty Fuels Camping Growth ![]() The ability to set up camp near wilderness areas and less populated towns was a huge plus for many pandemic-weary travelers.Īnother bonus is the option to prepare and cook meals independently while on the move (no need to eat at crowded restaurants). RV campers can easily socially distance themselves when they need space. RVing provides a sense of control and safety while traveling, something unique to the Covid era, compared to living out of a backpack or staying in hotels. 60% cite the ability to add detours and stopsįurthermore, aside from the recent explosion of people living in campervans ( #vanlife on Instagram passed 14.2 million as of 2023), the pandemic fueled an RV vacation boom from mid-2020 to late 2021, as many vacationers opted to travel and stay in RVs instead of boarding crowded planes and staying in cramped hotels.60% cite the benefit of having less pressure to arrive and depart at a specific time.61% cite the benefit of having a kitchen.In fact, according to RVShares 2023 Travel Trend Report conducted by Wakefield Research, 50% of survey participants revealed an RV or motorhome was one of their top travel accommodation preferences due to the following benefits: And it’s one of the best ways to travel the country on your own time. RVs are arguably the most efficient way to put your whole life on wheels. Most RVs come equipped with modern home comforts, such as a kitchen, dining area, and bathroom. ![]() Recreational vehicles, or RVs, are one of the most convenient ways to travel and camp. Why the RV Industry is Growing Despite a Sales Slump
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