Peer-to-peer RV rental company Mighway has grown its user base to over 1,000 in California, according to a Powersports Finance report.
Originally launching in New Zealand in 2015, Mighway made its U.S. debut in California almost a year ago. Earlier this month, Mighway’s parent company Tourism Holding Ltd. formed a 50/50 joint-venture partnership with RV manufacturer Thor Industries Inc. The venture — called TH2 — will allow Mighway to further grow its users as it expands nationwide.
“We’re looking at signing up literally hundreds [of users] a week,” Simmons said. “We’re getting that momentum built out and getting the plans in place with Thor to start looking at how we can really ramp it up.”
Through the Mighway website, RV owners can list their RVs for rent. Customers can list their own rate for their vehicle or they can use Mighway’s managed pricing model to help determine the proper value of the RV.
For the full story click here.