NEWS RELEASES
Editor's Note: This news item was retrieved and first published through Yahoo Finance's website.
RV Trader recently released a study, that surveyed more than 2,000 consumers, offering insights into the growth of the RV rental market. The report also gives detailed guidelines to help RV dealers maximize revenue streams from both renters and a newly identified renter/buyer segment.Topics covered in the study range from the pros and cons of dealer-owned and dealer-managed fleets to strategies for attracting rental customers, unit maintenance, renter screening, rental booking management, insurance and legal issues. As stated in a press release, the report, titled RV Dealer's Guide to Unlocking the Value of RV Rentals, found that dealers can generate $7,500 to $30,000 in revenue from a single RV rented for only 100 nights per year, depending on the class. "While trends in RV sales have been changing since 2018, RV rentals and rental-to-buyer conversions are clearly on the upswing," said Lori Stacy, CEO of RV Trader parent company Trader Interactive.
For more info about the RV Trader study and insights into renter behavior, follow this link.