RV Ownership Remains High
The demand for new RVs might be dropping, but that doesn’t mean everyone is selling. There are a huge number of RVers still out there. In fact, Camper FAQs reports that the camper ownership has increased 62% over the past two decades and it shows no sign of dropping off.
We imagine many people are using their RVs to enjoy more budget-friendly travel in this uncertain economy. RVing removes the need to pay for expensive hotel rooms and eat at pricey restaurants. It also puts travelers in a position to enjoy nature’s wonders rather than paying entrance fees at overpriced tourist attractions.
Full Time RVing Remains Popular
Another reason people are hanging onto those rigs and ownership is up? Full time RVing is still incredibly popular. Over 1 million Americans live in their RVs full time. This number has grown tremendously in recent years, as more and more people have started working from home and homeschooling their kids (in part because of the pandemic).
Even as many people return to working in offices and sending their kids to brick and mortar schools, many refuse to return to this old “normal” and continue to work and school on the road.
RVs are Being Built for Full Timers
Because there are more full time RVers on the road than ever before, we are seeing more and more RVs being built for full timers. We see floor plans with built-in offices, which are incredibly popular with the individuals who have to work as they travel. We’ve also seen a variety of different gathering “hubs” in newer RVs that go beyond the traditional (and often less-than-ideal) dinette.
It will be interesting to see how the wants and needs of full time RVers continue to affect the evolution of RVs as a whole.
The Younger Demographic Continues to Camp
In recent years, we have seen the average age of RVer drop significantly. What once was a pastime enjoyed almost exclusively by those 55 and older has become a hobby that all ages enjoy together.
One study showed that RV ownership is now split almost equally between those over 55 and those under 55. The most significant growth was in the 18-35 year old age group. These younger RVers now make up around 22% of the market, and that trend is holding strong.
Campgrounds Remain Booked Up
There once was a time when an RVer could head out on a Friday night without any reservations, knowing they would find a campsite with ease. This is no longer the case. While the impossibly booked campgrounds of 2021 and 2022 are no longer a problem, because there are still so many RVers out there, campgrounds continue to be booked up on weekends and during busy seasons.
This is a bummer for those who like to fly by the seat of their pants, but it is also a sign that the camping industry is thriving. This means we aren’t likely to see campgrounds closing and will instead see more campgrounds opening up in the near future, a good thing for those who like to have options.
Just make sure you make reservations before each trip!