RVs Have Made A Comeback In 2020

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

The travel industry took a hit during the COVID-19 crisis. Suddenly the idea of crowded airports and bus stations, in addition to mandated travel bans, made vacations less appealing, or even impossible, for most of us. It was no different for the RV industry. With campgrounds shutting down and stay-at-home mandates, RVing was put on hold with the rest of the travel methods.

About RVshare

RVshare began in 2012 after Co-Founder Mark Jenney realized his newly purchased RV would sit unused for the majority of the year. He discovered that renting out his RV was an opportunity to not only offset the costs of owning and maintaining an RV, but also a way to share all the perks of RVing with people who weren’t sure if they wanted to own one.

Fast forward to today. RVshare is the world’s first and largest peer-to-peer RV rental marketplace, with more than 100,000 RVs to rent across the country. With thousands of satisfied customers and a broad inventory ranging from travel trailers to luxury motorhomes, you’ll find the perfect RV for your vacation, tailgate, or temporary lodging needs.

How RVshare Works

Like our founder realized, the average family’s RV will sit unused for approximately 90% of the year. That’s a long time for an investment like an RV to go unused. Families everywhere want to experience RVing but may not have the means or interest in owning an RV. RVshare solves both of these issues by bringing renters and owners together.

RVshare is helping to create the world’s first fleet of RV entrepreneurs. RV Owners can list their personal RVs rent out when not in use to earn an average of $16,000 annually. Owners also have total control of their pricing, availability, and listing. Insurance is provided by RVshare as well as 24/7 customer service to support both parties.

2020: The Year Of The RV

There is no sign of business slowing down as bookings for fall have already increased 123% year-over-year and continues to grow. According to a recent RVshare survey, nearly 70% of respondents plan to take a trip in the next three months, and 68% are likely to consider an RV for their fall getaway.

The popularity of RVing in 2020 just makes sense. It’s an easy way to maintain social distancing guidelines and quarantine restrictions. Rather than having to rely on hotels, restaurants, and gas station bathrooms, RVers have private accommodations that they can be reasonably confident are clean, safe, and sanitary. For many, it is far preferable to flying in a plane, given the close quarters required to do so.

For more information on RV travel and to explore rental options, visit RVshare.

*RVshare Travel Sentiment Survey, August 2020. Methodology: Active RVshare customers in the past 90 days, 323 responses, Ages 25-99, Male (44%), Female (54%)

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