RV park investing is one of the most profitable and resilient sectors in the real estate industry. In fact, a recent report has shown that RV parks have outperformed other types of commercial real estate in terms of occupancy, revenue, and valuation growth over the past decade. RV parks offer a stable cash flow and low maintenance...
When managed effectively, RV parks can be a lucrative venture, promising steady revenue and the joy of facilitating memorable experiences for travelers. However, like any investment opportunity, it doesn’t come without its challenges. Diving headfirst into this business without understanding the potential pitfalls could lead to substantial financial losses and missed opportunities. Recognizing RV park investing risks...
An RV park income statement is one of the most important tools for understanding the profitability of your business. It summarizes all revenue sources and expenses, giving you a clear picture of where your money is coming from and where it’s going. Without an accurate income statement, it’s difficult to make informed decisions about pricing, budgeting, and...
Embarking on an RV camping journey is not just a vacation. It’s a lifestyle that transcends the traditional camping experience. From the comfort of a home on wheels to the thrill of spontaneous exploration, RV camping offers a number of benefits that elevate your outdoor adventures. In this guide, we’ll give you our top tips for finding...
Camping has come a long way from relying on paper maps and word-of-mouth recommendations. Today, technology is a big part of outdoor adventures, making it easier than ever to plan trips, find campgrounds, and book campsites. With the rise of mobile apps, outdoor enthusiasts can now get real-time updates, GPS navigation, and user reviews. In this article,...
Venturing into the RV park industry is an exciting decision, laden with opportunities and challenges. As an entrepreneur, you’ve already recognized the potential in this burgeoning market. However, one pivotal question remains: Should you build an RV park from the ground up, crafting every inch of your vision? Or should you acquire an existing establishment, leveraging its...
In the age of digital transformation, the world of campgrounds and RV parks has not been left behind. As North America witnesses a rise in the popularity of RV traveling and camping experiences, technology in modern campground management has become the silent force driving business growth, enhanced guest experiences, and operational efficiency. The vital role of digital...
Managing a campground is no small task. Whether you run a cozy RV park or a large outdoor resort, day-to-day operations demand expertise in guest services, marketing, staffing, and financial oversight. As the outdoor hospitality industry evolves, many owners are turning to professionals to help streamline operations and boost profitability. This article explores the top campground management...
RV parks are no longer just simple stopovers for road trippers. More families are choosing RV parks as their go-to vacation destinations, especially those offering child-friendly amenities. A well-planned playground is one of the most effective ways to appeal to families, enhance your park’s reputation, and increase bookings. When children have a safe and exciting place to...
In the dynamic landscape of the RV park industry, crafting a compelling and versatile weekly RV park activity schedule can be vital to enhance guest satisfaction and boost repeated visits. The initiative not only amplifies the fun and relaxation that vacationers seek but forges a community atmosphere that can be the highlight of their stay. But what...