RVRA Survey: Rental Activity Growing in 2008
RV rental companies expect 2008 to be a strong year even with higher gas prices and lower consumer confidence, according to a recent poll of Recreation Vehicle Rental Association (RVRA) members.
Preliminary results from the annual survey showed that RV rental firms are looking for rental activity to increase about 18% this year.
They are also expecting to have slightly more foreign renters – a total of 10% of all renters compared to 9% in 2007, perhaps boosted by the weakness of the American dollar.
Most RVRA members responding to the survey say they have about the same or a few less units available to rent in 2008 as they did in 2007.
Gas prices continue to be a concern for RVRA members in 2008. However, many report bookings that are above or equal to 2007 levels. They also said that renters are planning shorter trips.
RVRA is the rental division of the Recreation Vehicle Dealers Association (RVDA).