RV retail industry revenues close to 2010 levels
OTTAWA, Nov. 17, 2011 /CNW/ - Today, Go RVing Canada released RV sales
figures for 2011's third quarter, which clearly demonstrate that strong
sales and revenue performance in July and August helped bring total RV
retail industry revenues close to 2010 levels. This data reinforces
that RVing remains a popular travel option for Canadian families, who
are discovering the fun, flexibility and affordability that the RV
With a strong rebound in demand in July and August, total revenues in
the RV industry now stand at just over $2.3 billion dollars, bringing
it close to the equivalent sales period in 2010. These solid 2011 sales
results can partially be attributed to the strong Canadian dollar. The
relative strength of the Canadian economy as a whole throughout the
turmoil of recent months and years is also bearing fruit for the retail
"This is wonderful news for the RV industry," said Go RVing Canada
Spokesperson Angèle Lapointe. "Much of the sales rebound in this year's
third quarter can be attributed to strong demand brought about by the
continued affordability of RVs in Canada. This has come largely as a
result of our strong currency."
Depending on the RV model, a typical family RV vacation can be up to 75%
less expensive per day than other forms of vacation travel. According
to a cost-comparison study conducted by PKF Consulting, an RV trip is
shown to be more economical when compared to a traditional week's
vacation for a family of four, when the costs of flights, car rental,
hotels and eating out at restaurants are considered.
"Though Canada is not immune to the economic difficulties currently
faced by the rest of the world, our performance has been far superior
to most developed countries in terms of economic growth, employment and
retail sales," continued Lapointe. "Canadians are still opting for
affordable travel options and RV vacations are just that!"
For more information on RVing and upcoming RV shows across Canada,
please visit www.GoRVing.ca.
The Go RVing Canada coalition was formed in 1997, and consists of RV
manufacturers, RV dealers and campground operators. The coalition
serves as the Canadian RV camping industry ambassador to provide the
public and media with information about the benefits of RV travel. The
coalition also seeks to enhance consumer information and satisfaction
with the RV experience.
SOURCE Go RVing Canada
For further information:
Go RVing Canada Public Relations
Media Hotline: 1-866-470-3528