RV rental revenue will continue to move upward during the 2019 peak rental season with conventional travel trailers and Class C motorhomes, once again, being the most widely available RV product types, according to the new survey by the RV Rental Association (RVRA).
According to a press release, 52% of the 109 RV rental operators responding to the survey anticipate taking in more revenue in 2019 than in 2018, and 34% believe it will be the same as last year. That growth would follow a strong 2018 when 63% of RV rental operators reported higher revenue, versus 2017, including 16% who experienced revenue growth of more than 50%.
Conventional trailers are expected to account for 52% of this year’s rental fleet, up from 51% in 2018, while Class C’s will account to 34% up from 32% in 2018, according to the survey respondents.
“Because pickup trucks and SUVs capable of towing many travel trailers are some of the most popular vehicles in North America, it’s no surprise that towable RVs are popular with renters,” said Scott Krenek, RVRA chairman and owner of Krenek RV Super Center in Coloma, Mich. “The RV rental market is healthy and has the potential for more growth. That’s why so many RVRA members are looking forward to a great summer.”