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 With gas prices hovering over four dollars in many states, the RV industry is understandably worried. The large motorhomes consume gas at an alarming rate, however in the grand scheme of travel an RV still remains one of the most cost-effective methods to get from point A to point B.
First of all, the RV Park industry will greatly benefit from the rising gas prices as fulltimers will spend more time in one location, rather than traveling cross-country. The steep gas costs may prevent new consumers from purchasing RVs for quite some time, but those who already own an RV can still greatly benefit from the transportation method.
Having to fly to a destination and book a room in a hotel is very expensive. Traveling in an RV has a large initial cost, but the convenience of staying in an RV park is also much cheaper than lodging in a hotel, paying for automobile gas or purchasing an airplane ticket.
Furthermore, unless a family lives full-time in a motorhome, the large rigs are typically used on special occasions. For that reason alone, families are much more willing to spend a little extra on gas to utilize the machines every once in a while.
How do you think rising gas prices will affect the RV industry? Tweet us your thoughts at @PedataRV.
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