Streamlining financial management is essential for a healthy RV park business. By optimizing budgets, tracking expenses, and improving cash flow, you can ensure long-term success and sustainability for your operations.
Starting a campground business can be a highly rewarding venture for entrepreneurs who love nature and outdoor activities. Campgrounds offer a low-cost and high-demand alternative to traditional accommodation options, and they appeal to a wide range of customers, from families to retirees to young travelers. Campground demand is at an all-time high in 2023. In the last...
[ez-toc] Growing steadily even through the biggest economic turmoils of the 21st century, the RV park industry has largely proved its resilience and capacity for providing long-term income for entrepreneurs and investors. Yet setting the goal of maximizing RV park revenue comes with a set of challenges. Many factors can influence your income as an RV park...
Dynamic pricing strategies are rapidly spreading throughout the RV park industry, helping campgrounds align record-level occupancy with increased guest expectations. Still, many campgrounds keep missing out on the opportunity of growing their profit with this highly effective revenue management strategies. As consumers, we see demand-based and time-specific pricing everywhere: when we use transportation apps, when we compare...
With the industry experiencing record occupancy rates and RV shipments soaring, RV parks and campgrounds are in need of strategies to ensure customer satisfaction, optimize pricing, and maximize revenue. The goal of revenue management systems is to help RV parks enhance their management capabilities in a landscape dominated by OTAs, direct bookings, and guests with high expectations....
In the context of highly dynamic markets, businesses are in need to develop flexible pricing strategies that reflect the constant shifts in supply and demand. This is the case of dynamic pricing, a revenue management strategy widely used across the hospitality industry. But what is dynamic pricing exactly? And how can it improve revenue at an RV...
Owning an RV park means you get to make a living out of something that you love. You get to experience an outdoor lifestyle while providing unique experiences. But of course, you also want to earn a good profit and keep growing your business. So here, we will explore some of the most effective strategies for maximizing...
With RV shipments reaching all-time highs in the United States, the long-term growth prospects for the RV park industry remain bright. As supply strives to keep up with continuously rising demand, investors are seeking paths to obtain financing for new RV parks. This article is aimed at exploring the different RV park financing options available for those...
The growth experienced by the campground industry is inspiring investors across North America to take the leap. Naturally, for these aspiring campground owners, many questions arise regarding the prospects of the business. Among them, one of the most common is: Will the campground owner’s income meet my expectations? For starters, conditions for ongoing growth in the market...
Building a wastewater management system is one of the first things to consider when you start planning your RV park business. Though there are different types of wastewater solutions, septic systems are widely used by RV parks due to their healthiness, efficiency, durability, and environmental friendliness. The process of building your RV park’s septic system will involve...
This is the ultimate guide to buying a campground for most folks, living at their job can sound like a nightmare, but the opportunity to live in nature at a campground is a dream for a lot of people. The steps it takes to find, research, and buy a campground can be confusing. In this ultimate guide...