Camping Convention Offers Global Forum

July 26, 2006 by · Leave a Comment 

There won’t be a trade show at the first annual World Camping Convention, which is slated for Nov. 1-3 on the island of Barbados. There will, however, be unique opportunities for RV rental companies, campground operators, reservation service providers and other tourism businesses to network in an effort to increase the flow of RV enthusiasts between Europe, Australia and North America. “We’re providing them the opportunity to create alliances with one another,” said Ken Lahoda,... Read more

National Park Service Director Resigns

July 26, 2006 by · Leave a Comment 

The director of the National Park Service announced her resignation Wednesday (July 26) from an agency often at odds with environmentalists and Westerners for shifting its focus from conservation to recreation. The Associated Press reported that Fran Mainella headed the agency for six years and most recently oversaw a controversial rewrite of management policies for the parks under its care. Mainella is leaving her position to devote more time to her family, according to a Park Service release. Interior... Read more

Winnebago Targets Entry-Level C Market

July 26, 2006 by · Leave a Comment 

Entering a market segment it previously didn’t sell in, Winnebago Industries Inc. introduced the new entry-level Winnebago Access/Itasca Impulse minimotorhome during the Forest City, Iowa, manufacturer’s 2006 Dealer Days June 25-28 at the Mirage, Las Vegas, Nev. With GVWR ratings up to 14,050 pounds, the new Class C offers six 22- to 31-foot floorplans and is available standard on Ford E-350 and E-450 chassis or optional Chevy Workhorse chassis depending on the floorplan. Base retail... Read more

ELS Reports 50% Decline in 2Q Earnings

July 25, 2006 by · Leave a Comment 

Equity LifeStyle Properties Inc. (ELS) announced a more than 50% decline in net income for the company’s second quarter, ended June 30. Chicago-based ELS, a self-administered, self managed, real estate investment trust (REIT) that owns or has an interest in 294 properties in 30 states and British Columbia, said its net income available to common stockholders in the quarter totaled $1.2 million, compared to $2.5 million a year earlier, a decline of more than 50%. For the first six months of this... Read more

FEMA Units Bring Hope to Flooded Region

July 25, 2006 by · Leave a Comment 

Debbie Preston drives through Conklin, N.Y., after dark every night. What the town supervisor misses are the lights from homes in the town’s flood-ravaged neighborhoods, according to a report in the Press & Sun Bulletin, Binghamton. But with Monday’s announcement that homeowners in the New York state region are now eligible for travel trailers as temporary housing from the Federal Emergency Management Agency (FEMA), she expects to see lights again soon. “From the mental health... Read more

Patrick Industries Posts Solid Quarter

July 25, 2006 by · Leave a Comment 

Recreational vehicle and manufactured housing supplier Patrick Industries Inc. reported increased sales and earnings for its second quarter, citing the impact of new product introductions and increased market penetration. During the second quarter, ended June 30, net income increased to $1.3 million from $238,000 a year ago while sales totaled $94.7 million compared with $78.7 million. “This was our best second quarter and year-to-date operating results since 1999, and we are pleased with the... Read more

SE Texas Trailers Unaffected by Fumes

July 25, 2006 by · Leave a Comment 

Southeast Texas residents living in travel trailers supplied by the Federal Emergency Management Agency (FEMA) for emergency housing are not complaining of health problems, according to a report in the Beaumont Enterprise. Following air quality testing by a Mississippi chapter of the Sierra club of units in that state, residents displaced by Hurricane Katrina filed a class action suit against FEMA and several RV builders, claiming formaldehyde fumes are causing illness. According to the Enterprise,... Read more

Consumer Sentiment up Slightly in July

July 25, 2006 by · Leave a Comment 

U.S. consumer confidence rose in July amid cautious optimism about job prospects, but overall sentiment in months ahead would likely stay below levels touched earlier this year, a survey showed on Tuesday (July 25). Reuters reported that the Conference Board said its index of consumer sentiment climbed in July to 106.5, up from 105.4 in June. Sentiment scaled a year high of 109.8 in April. Economists polled by Reuters on average had forecast that the index likely fell to 104.0. “Consumer confidence... Read more

National City Pares Down Finance Role

July 25, 2006 by · Leave a Comment 

National City Corp., one of the nation’s largest financial holding companies, is no longer providing indirect retail financing for RV and marine equipment loans. However, the Cleveland, Ohio-based company is continuing to provide direct financing for consumers as well as dealer floorplan financing. Indirect financing occurs when the loan is originated by the dealership and is subsequently assigned to a financial institution. Direct financing is when a consumer obtains a loan directly from a financial... Read more

Sidewall Vendor Addresses ‘Quality Issue’

July 24, 2006 by · Leave a Comment 

Stamford, Conn.-based Crane Co. acknowledged a “quality issue” in sidewalls shipped to the recreational vehicle sector during a recent conference call on the firm’s first-quarter earnings. “During the first quarter we … incurred product support costs in conjunction with a distortion issue and a product quality issue some of our RV customers have experienced,” CEO Eric Fast said during an April conference call with analysts. The Fairfield County Business Journal, White Plains,... Read more

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