RV sales and rentals are booming as Americans look for safe ways to get away during the Covid-19 pandemic
Though RV business suffered during the worst of the pandemic, demand for the vehicles has swelled in recent weeks. Forty-six million Americans plan to take an RV trip in the next 12 months, according to findings from the market researcher Ipsos that the RV Industry Association funded. Even President Donald Trump suggested he may ditch Air Force One for an RV trip to New York.
Jon Gray, CEO of RVShare, laid off 10% of his staff in March and furloughed 30% of his remaining employees. Business started to pick up in mid-April as states loosened travel restrictions. He's since brought back all the furloughed workers, and business in the last week is more than double the same period last year. A competitor, Outdoorsy, said its bookings last week have grown 300% when compared with the same period a year ago.
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