Month: January 2024

Dometic Q4 Shows Margin Growth, Improved Debt Leverage

STOCKHOLM – Dometic, a global market leader in the mobile living industry, today announced financial results for the fourth quarter of 2023. FOURTH QUARTER 2023 Net sales were SEK 5,327 m ($512 million USD; 1 SEK equals $0.0958 USD) ; a decrease of -14%, of which -13% was organic growth. Operating profit (EBITA) before items affecting comparability was SEK 465 ...

Boston RV & Camping Show ‘Beyond our Wildest Expectations’

BOSTON – The Boston RV Show ended Sunday, Jan. 28, after what organizers describe as a very successful four-day run. “It was beyond our wildest expectations,” Bob Zagami, New England RV Dealers Association (NERVDA) executive director and show organizer, told RVBusiness. “If you walked around the exhibit hall and spent any time on the show floor, you would not relate ...

REV Group Reorganizes, Exits School and Transit Bus Segments

BROOKFIELD, Wis. – REV Group, Inc. (NYSE: REVG), a manufacturer of industry-leading specialty vehicle brands, announced today a series of strategic actions aimed at optimizing its product portfolio and balance sheet. On Jan. 26 the company completed the sale of its school bus business, Collins Bus Corporation, to Forest River Bus, LLC for a purchase price of $303 million in ...

Dealers Name Genesis’ REVIVE ‘Most Innovative New Product’

Judging by the feedback at a couple of recent aftermarket distributor shows, Genesis Products couldn’t have expected a better response from dealers getting their first glimpse at the company’s REVIVE Collection for transforming and upfitting RV interiors. At  both Arrow Distributing’s 2024 Distributor’s Showcase, held Jan. 16-17 at the Luxor in Las Vegas, Nev., and the NTP-STAG Expo 2024, which was ...

KOA Debuts AI Chatbot to Enhance Camper, Traveler Experience

BILLINGS, Mont. – Kampgrounds of America, Inc. (KOA), a leader in outdoor hospitality for over 60 years, has announced in a press release its latest digital innovation – the introduction of an AI-powered chatbot into KOA.com. The new KOA AI Chatbot is designed to meet and exceed the rapidly evolving expectations of today’s campers and travelers. According to the company’s June KOA ...

MARVAC Pleased with Inaugural ‘Campground Vendor Showcase’

NOVI, Mich. – Although the weather was snowy outside, park owners in the Mitten State found their way on Tuesday to the Suburban Collection Showplace in Novi, Mich., to attend the first-ever Campground Vendor Showcase hosted by the Michigan Association of Recreation Vehicles and Campgrounds (MARVAC). The brainchild of Maris Brennan, MARVAC’s membership director, the showcase featured 13 vendors and had over 40 ...

Investment Analyst Says 2024 RV Rebound is Far From Certain

Winnebago Industries, Inc. (NYSE:WGO) is weathering the post-pandemic storm with the stock price holding steady over the last few years, according to a report by Dan Victor, CFA, for SeekingAlpha.com, that largely focuses on Winnebago Industries. Despite facing an industry-wide drop in RV sales, the report continued, the company's growing market share and a more diversified profile following a string of ...

LCI Industries’ Net Sales Show Modest Decrease in Q4 2023

ELKHART, Ind. – LCI Industries (NYSE: LCII), which, through its wholly-owned subsidiary, Lippert Components Inc., supplies, domestically and internationally, a broad array of highly engineered components for the leading original equipment manufacturers in the recreation and transportation markets, and the related aftermarkets of those industries, today provided select preliminary, unaudited financial results ranges for the fourth quarter of 2023. The company ...

inTech RV’s Adventure Club a Platform for Owner’s Groups

NAPPANEE, Ind. – inTech RV recently launched the inTech Adventure Club as a platform where owners and enthusiasts of inTech trailers can utilize to post events.Marketing Manager Doug Moats said, “We just went live two months ago — several of our owner’s groups have their own social media channels — the Sol group has one and the Flyer group and ...

Supplier Companies Pleased with ’24 Florida RV SuperShow

The Ultimate Fuzion TAMPA, Fla. – Supplier exhibits at the Florida RV SuperShow were popular attractions, especially since the two supplier buildings gave show-goers a respite from rain that fell intermittently for three of the five show days. One exhibit that attracted a lot of attention was an expansive booth staffed by Lippert Components Inc. (Lippert). That booth featured a ...

ELS Reports Revenue Gains in Fourth Quarter 2023 Results

CHICAGO – Equity LifeStyle Properties, Inc. (NYSE: ELS) today announced results for the quarter and year ended Dec. 31, 2023. All per share results are reported on a fully diluted basis unless otherwise noted. 2024 Dividends ELS' Board of Directors has approved setting the annual dividend rate for 2024 at $1.91 per share of Common Stock, an increase of 6.7%, ...

RVIA Government Affairs Team Outlines ’24 Federal Priorities

As the new year gets into full swing, the RV Industry Association’s (RVIA)Government Affairs team is sharing its 2024 federal legislative priorities, according to an RVIA News & Insights report. Their main goals for the year include… Reauthorizing the Generalized System of Preferences  One of the Government Affairs’ team’s biggest priorities is the retroactive reauthorization of the Generalized System of ...

OEM Showcase: Influencer Videos from the Florida SuperShow

https://www.youtube.com/watch?v=JFdeqtdZpAs https://www.youtube.com/watch?v=GccmTpzHPCw https://www.youtube.com/watch?v=OCodz2peL5w https://www.youtube.com/watch?v=ieZRE1hy0V0 https://www.youtube.com/watch?v=v_EJ790RkMk https://www.youtube.com/watch?v=t02S2gP3VGM https://www.youtube.com/watch?v=CpGXqYjh4tg https://www.youtube.com/watch?v=3L13SLw7K70 https://www.youtube.com/watch?v=WsaDUJPucfA

ORR Offers 2nd Edition of Rural Economic Development Toolkit

WASHINGTON, D.C.  – The Outdoor Recreation Roundtable (ORR) released the second edition of its Rural Economic Development Toolkit on a webinar with over 1,000 registrants. This essential resource, built upon three years of extensive research across the United States, is a comprehensive guide for communities looking to strengthen their economies through outdoor recreation. At a time when the outdoor recreation economy at ...

Rollick Launches Digital Dealer Subscription Package in Marine

Amy Norris, SVP of Dealer Solutions for Rollick AUSTIN, Texas – Rollick, the leading provider of marketing technology solutions for the powersports, RV, and marine industries, is excited to announce the launch of its new Digital Dealer Subscription Package for marine dealers, according to a release. This comprehensive package empowers marine dealers with valuable tools to build trust via digital placement of ...

Wells Fargo, RVBusiness Launch 2024 RV Industry Survey

Coming off a challenging 2023, everyone has a keen eye on what 2024 might have to offer. Specifically, industry observers are wondering if and when the retail market will return. To help find that answer, RVBusiness and Wells Fargo are again reaching out to the North American recreational vehicle sector in the following “2024 RVBusiness/Wells Fargo RV Industry Survey” to ...

Forest River Bus Announces the Acquisition of Collins Bus

ELKHART, Ind. — Forest River Bus LLC., a subsidiary of Forest River Inc. and the nation's leading shuttle bus and van manufacturer, has announced the acquisition of REV Group subsidiary Collins Bus, one of America's oldest and most successful school bus builders, according to a press release from Forest River. "Collins Bus, with a rich history spanning over 50 years, ...

Several OEMs Debut New Models at the Florida SuperShow

TAMPA Fla. – One of the attractions that draws consumers to the Florida RV SuperShow, hosted each January by the Florida RV Trade Association, is the debut of all-new models by any number of OEMs – and this year’s show didn’t disappoint. While RVBusiness couldn’t possibly round up everything new among the nearly 1,500 units on display at the Florida ...

Airstream Appoints Bryan Melton as Vice President of Sales

JACKSON CENTER, Ohio – Airstream, manufacturer of iconic riveted aluminum Airstream travel trailers and best-in-class motorized touring coaches, announces that Bryan Melton has been appointed Vice President of Sales, effective immediately. In this position, Melton will oversee all sales and distribution operations for the company’s Travel Trailer and Touring Coach divisions, as well as its national dealer network. He will ...

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