Greg Gerber posted on July 26, 2010 09:56
REDDING, Calif. -- The private campgrounds industry, which caters to these traveling behemoths, is attracting more investors, some of whom have turned once-moribund parks into weekend retreats or vacation destinations for all ages, the Record Searchlight reported.
“Believe it or not, we are setting a record for sales,” said John Croce, managing member of a group that owns nine camping and RV resorts in California, including one in Hat Creek and McCloud. “Our sales are up dramatically. It started in 2008 and 2009, and we are on a record pace for 2010.”
Debbie Sipe, executive director of the California Association of RV Parks & Campgrounds, said investors are enticed by the idea of benefiting from a business model that serves families, rather than maybe spending money on a faceless commercial building, the Record Searchlight reported.
“They really feel good about this business,” Sipe said. “It’s still an affordable family vacation for folks who still have a job or are not worried about losing their job.”
To read the complete story in the Record Searchlight, click here.