Equity Lifestyles Properties Growing Fast

November 23, 2004 by · Leave a Comment 

Not a lot of people, perhaps, have heard of the fast-growing company Equity Lifestyle Properties Inc. (ELP), but it’s likely they will soon, especially in the RV industry. The Chicago company, formerly known as Manufactured Home Communities Inc., has completed the $160 million acquisition of the corporate entity that owns 57 properties and about 3,000 acres of vacant land currently operated by Thousand Trails Inc., a Frisco, Texas campground membership company. Equity Lifestyle Properties... Read more

Storm Victims Get ‘Bumped’ by Snowbirds

November 22, 2004 by · Leave a Comment 

Southwest Florida residents forced out of their homes by Hurricane Charley could find themselves homeless again — this time by the barrage of seasonal visitors making their way south for the winter. According to the Fort Myers News-Press, longstanding reservations are bumping storm victims holed up in vacation rentals or living in temporary trailers while their homes are being rebuilt. Even relief workers are being told they have to leave their hotels to make way for tourist season. “There’s... Read more

Indoor Showroom Caters to High-end Buyer

November 22, 2004 by · Leave a Comment 

The 10,000 RV dealership in Southern California’s Kearny Mesa is bucking tradition. Instead of selling RVs from an expansive outdoor lot, the dealership has moved the retail experience indoors. According to an article in the San Diego Union Tribune, 10,000 RV opened the indoor showroom in July, after taking over and renovating a DHL shipping warehouse. The building houses offices, a home-like customer area in addition to the 16,000-square-foot showroom. The Union Tribune reported that it’s... Read more

RVIA Hires Curtin to Update Consumer Study

November 22, 2004 by · Leave a Comment 

RVIA recently hired Professor Richard Curtin of the University of Michigan’s Survey Research Center to conduct an update of the landmark RV Consumer Demographic Study first published in 1980. According to a report in RVIA Today, the association sponsored the original study, and each of the subsequent updates – done every five years– by Curtin in its ongoing effort to define changes in basic ownership characteristics. The last update was conducted in 1999. “We are very excited to be working... Read more

Fee Demo Program Approved by Congress

November 22, 2004 by · Leave a Comment 

The lame-duck Congress approved the permanent extension of the so-called Fee Demo program that allows public land managers to charge fees for access and services, according to a report in the Bend (Ore.) Bugle. “We have given federal land managers the ability to assess reasonable fees for specific activities and uses,” said Rep. Richard Pombo, R-Calif., chairman of the House Resources Committee. “We have laid out very specific circumstances under which these fees can be collected... Read more

Kingsley Coach Reports 32% Sales Growth

November 22, 2004 by · Leave a Comment 

Kingsley Coach Inc. reported revenues of $893,921 for its fiscal first quarter ended Sept. 30, representing a 32% increase over the first quarter of 2003. The Zimmerman, Minn., coach builder also reported a net loss of $377,490 for the period versus a net loss of $525,057 a year ago. Ralph Dickenson, CEO of Kingsley Coach, Inc., stated, “During the quarter, we expensed the entire cost of our move to our new facility in Zimmerman. The move cost in excess of $150,000, and shut down our production... Read more

Lure of RVing Catching on in China

November 19, 2004 by · Leave a Comment 

The lure of American culture is growing in China, as an expanding middle class enjoys rising incomes. Among the American-style pastimes taking off in recent years is RVing, according to a recent article in Automotive News. Xiao Yang and his wife, Duan Xu, have been bitten by the RVing bug. They’re fond of traveling to China’s remote locations, but are turned off by tour groups and don’t like staying in hotels. “That’s just like staying at home,” said the 45-year-old... Read more

Ford Revises A-Body Chassis Series

November 19, 2004 by · Leave a Comment 

Ford Motor Co., Dearborn, Mich., has revised its F-53 series Class A motorhome chassis by adding a new 362-hp 6.8-liter V-10 engine, the highest horsepower rating in the Class A gasoline segment, according to the company. “It will be the most horsepower in a gas engine for motorhome applications,” said Ken Farr, Ford RV and specialty vehicles sales manager, noting the chassis would debut at the 42nd Annual RV Trade Show, Nov. 29-Dec. 2 in Louisville, Ky. The revised chassis also will... Read more

Kurowski Named RVDA Field Representative

November 19, 2004 by · Leave a Comment 

The national RV Dealers Association (RVDA) announced that Jeff Kurowski will perform contract work for the association as a field representative. According to RVDA, Kurowski will assist in communicating business trends and industry issues affecting RV dealerships to members and work on marketing communications projects for RVDA-endorsed products and services. Kurowski is an experienced journalist, who served previously as senior editor of RV Business magazine, executive editor of Boating Industry... Read more

Smith Barney Downgrades Winnebago

November 19, 2004 by · Leave a Comment 

Shares of Winnebago Industries lost almost 4 percent in midday action today (Nov. 19) after Smith Barney lowered its rating on the stock to “hold” from “buy,” citing valuation. Winnebago finished trading down $2.23 at 36.36. According to CBS Marketwatch, the firm said it finds the shares “less compelling” after their 23 percent appreciation in the past five weeks. Smith Barney, however, did lift its price target to $41 from $39, because of the overall favorable... Read more

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