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Texas Oil Boom Helps Spur Sales at Pharr RVs
Posted By RVBusiness On March 29, 2013 @ 11:07 am In Breaking News | No Comments
Growth in the oil fields has spurred RV sales for Texas-based Pharr RVs, according to a report by the Lubbock Avalanche-Journal.
Over the last three years, business at the dealership has increased 10% a year, said Mike Hymer, co-owner of the business. “I would say a big part of it is attributable to the oil and natural gas industry,” Hymer said.
He said that much of the area around the oil and natural gas boom offers limited rental housing and staying in a motel can get expensive. “An RV is much more economical,” Hymer said.
Many of the workers from the oil and natural gas companies get a daily stipend for housing, Hymer explained. An RV means they save money and don’t have to make a long-term investment.
“They’re not willing to invest in real estate,” Hymer said, “because the growth might be a short-term phenomenon.
Some of the workers, Hymer added, might only be in the area for a year or two.
In addition to the growth Hymer credits to oil and natural gas, he said jobs and business have also been created in the wind energy sector.
Hymer knows a lot of people haven’t seen the inside of an RV lately, and don’t know how the vehicles have changed over the years. He added they are surprised by what they see inside newer RVs.
“The amenities have come a long way in the last five years,” Hymer said. “You see a lot of new amenities; it is making them more livable.”
Bigger floorplans and modern entertainment systems are just a couple of examples. He himself lived in an RV for three months once.
“They are more like a real home,” Hymer said.
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