Go RVing Canada today (Nov. 18) released RV sales figures for 2011’s third quarter, which “clearly demonstrate that strong sales and revenue performance in July and August helped bring total RV retail industry revenues close to 2010 levels,” according to a press release.
Go RVing said that this data reinforces that RVing remains a popular travel option for Canadian families, who are discovering the fun, flexibility and affordability that the RV lifestyle provides.
With a strong rebound in demand in July and August, total revenues in the RV industry now stand at just over $2.3 billion dollars, bringing it close to the equivalent sales period in 2010. These solid 2011 sales results can partially be attributed to the strong Canadian dollar. The relative strength of the Canadian economy as a whole throughout the turmoil of recent months and years is also bearing fruit for the retail RV industry.
“This is wonderful news for the RV industry,” said Go RVing Canada Spokesperson Angèle Lapointe. “Much of the sales rebound in this year’s third quarter can be attributed to strong demand brought about by the continued affordability of RVs in Canada. This has come largely as a result of our strong currency.”
Depending on the RV model, a typical family RV vacation can be up to 75% less expensive per day than other forms of vacation travel. According to a cost-comparison study conducted by PKF Consulting, an RV trip is shown to be more economical when compared to a traditional week’s vacation for a family of four, when the costs of flights, car rental, hotels and eating out at restaurants are considered.
“Though Canada is not immune to the economic difficulties currently faced by the rest of the world, our performance has been far superior to most developed countries in terms of economic growth, employment and retail sales,” continued Lapointe. “Canadians are still opting for affordable travel options and RV vacations are just that!”
For more information on RVing and upcoming RV shows across Canada, please visit www.GoRVing.ca.