Industry Analysis & Industry Trends
While currently a niche holiday option, the Caravan and Motorhome Rental industry has been trying to spread its wings and capture a wider audience over the five years through 2012-13. Greater investments in marketing initiatives, such as a proliferation of caravan shows as well as efforts towards improving the campervan luxury offering and their respective facilities has attracted more attention to the industry's activities. However, the industry has had to endure a mixture of circumstantial challenges and perks over the past five years... purchase to read more
Industry Report - Starting a New Business Chapter
The high level of capital required to build fleets can be a barrier to entry. These fleets are often funded by debt. As such, any tightening in monetary lending, like that which occurred during the global financial crisis, can make it difficult for new players to source funding. Inadequate funding could prevent players from building a large enough fleet to operate effectively.
Companies in the industry will also need links to key suppliers and repairers of caravans and motorhomes. These links can take time to build and establish and can therefore act as a barrier to entry for new participants. In addition, successful companies will have rental depots positions across many locations around Australia... purchase to read more