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RVRA Survey: 41% of RV Rental Operators Expect Robust Growth This Year

According to a survey by the RV Rental Association (RVRA) conducted this spring, 41% of RV rental operators expect increased revenue in 2024 compared to last year. An additional 31% anticipate business will remain the same as in 2023.

In a press release, Scott Krenek, chairman of the RVRA and owner of Krenek RV in Coloma, attributes the forecast to several factors, including a boost in early spring demand linked to events like the April 8 solar eclipse. Krenek noted that 48% of rental companies reported repeat customers, and another 23% of companies indicated customers had rented multiple times previously.

“There still will be plenty of choices for those looking to rent an RV because 84 percent of the rental dealers surveyed believe manufacturers have supplied them with enough rental units for this coming peak season,” Krenek said.

The duration of RV rentals shows that 38% of companies indicated that the average rental in 2023 lasted five to six nights. Twenty-two percent reported rentals of seven nights or more, with 16% expecting even longer durations this year. Krenek pointed out that larger RVs are particularly popular among family renters, with 88% of dealers highlighting a preference for models that sleep at least three adults.

Most dealers, about 84%, offer towable RVs, which are suitable for families with vehicles capable of towing, such as the Ford F-series, Chevy Silverado, or RAM pickups. Krenek added that 22% of these dealers reported that three-quarters of their clients opted for “tow and go” rentals, using their own vehicles.

For those without a tow vehicle or the expertise to hook up an RV, many rental dealers offer a convenient solution. According to the survey, 30% of rental dealers noted that over 20% of their customers last year opted for a “delivery and set-up” service.

RV rentals are attractive lodging options for a wide range of events, including family reunions, music or food festivals, and shows involving dogs, horses, antique cars, or air shows, Krenek added.

RV Rental Advice

Before committing to an RV rental, Krenek recommends that consumers ask specific questions about pickup and drop-off hours, orientations for first-time renters, support during the trip, and terms of the security or damage deposit. He also urges renters to verify whether the RV described online matches the model available at pickup.

Moreover, Krenek emphasizes the importance of understanding the terms of the RV and component warranties, as well as any financing agreements. This knowledge is crucial for both renters and those considering renting out their own RVs.

For more information, visit RVRA’s website at rvra.org.

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EliseWillow
EliseWillow
May 2, 2024 1:19 pm

You know, it’s really heartening to witness the RV rental industry flourishing this year. Operators gearing up for increased demand and promoting eco-friendly practices can truly amplify customer satisfaction and benefit the environment.

Andrew Turner
Andrew Turner
May 2, 2024 5:43 pm

Isn’t it cool how RV rental companies are adapting to what customers want? They’re offering bigger RVs and towable options for families and those with towing vehicles. Plus, the delivery and set-up service is gaining popularity, making renting RVs more convenient. What do you think about these changes?

melodyMia
melodyMia
May 2, 2024 8:51 pm
Reply to  Andrew Turner

Gosh, I’m a bit anxious about missing out on all the fantastic RV features nowadays. Maybe it’s time to explore what’s new and exciting in the RV rental world. Did you know that the first commercial RV was built in 1910?

Kevin Ward
Kevin Ward
May 2, 2024 8:34 pm
Reply to  Andrew Turner

It’s interesting to note that 41% of RV rental operators are anticipating significant growth this year. This suggests a positive outlook for the RV rental industry. It’s great to see more convenient services and options becoming available. Your thoughts?

Gia Sunrise
Gia Sunrise
May 2, 2024 10:29 pm

Have you heard about the fantastic outlook for the RV rental industry? It looks like things are really picking up with younger generations getting on board with RV travel. The industry’s future seems super bright, especially with all the cool tech and eco-friendly features attracting more renters. It’s an exciting time for RV adventures!

Desertwave78
Desertwave78
May 2, 2024 11:17 pm

Have you heard? RV rental operators are adding luxury RVs to meet the demand. They’re even offering cool extras like concierge services and outdoor gear for a personalized adventure!

Sunray7138
Sunray7138
May 3, 2024 2:05 am

It’s awesome to hear about the positive vibes in the RV rental world! It’s great that the demand is picking up, especially with cool events like the solar eclipse on the horizon. Those bigger RVs are a hit with families, and those delivery services sure make things easier for those without a tow vehicle.

JaxK9M3w5lc
JaxK9M3w5lc
May 3, 2024 2:37 am

It seems like we’re in for some serious fun with the RV rental scene this year. Operators are getting all set for a boom in demand, fueled by those starry-eyed dreams of hitting the road. And hey, with longer rentals on the rise, it’s like RV lovers are in for some epic, extended adventures! What a ride ahead!

lucky8ball136
lucky8ball136
May 3, 2024 3:25 am

Isn’t it cool how RV rental operators are looking forward to growth? Families dig those big RVs! Dealers offering setup services could also provide guides for newbies, making the rental experience even better.

Wade Sky
Wade Sky
May 3, 2024 7:21 am

Just wanted to share that expanding the RV fleet to include larger models for families could be a smart move. Partnering with event organizers might bring in some cool opportunities.

NolanCreek
NolanCreek
May 3, 2024 8:10 am

Just a heads-up that some RV rental operators are facing challenges due to the sudden demand surge, which might mean limited availability at peak times. Make sure to carefully check those rental agreements for any hidden fees or restrictions. It’s always good to be in the know!

SmileBoosty7
SmileBoosty7
May 3, 2024 9:29 am

Did you know that along with the rising demand for larger RVs, some rental operators are getting creative? They’re offering unique themed RV experiences like glamping and adventure themes to jazz up your road trip! It’s all about making your journey unforgettable. Cool, right?

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Hi, you might find this article from Modern Campground interesting: RVRA Survey: 41% of RV Rental Operators Expect Robust Growth This Year! This is the link: https://moderncampground.com/usa/rvra-survey-41-of-rv-rental-operators-expect-robust-growth-this-year/