The Economic Impact on Campground Industry Rates

Annual Campground Rate Increases

How has the economy affected rate increases in the campground industry?

Each year, VDM Consulting Group does a Market Rate Analysis of all the campgrounds in the Woodall’s® Directory. This report yields the answer to that question. With the data in hand from the 2011 Woodall’s ® Directory, we could see that for the contiguous United States, the average annual revenue increase from 2000 to 2010 was 7.1%. The average increase from 2008 to 2009 was 5.6%, and from 2009 to 2010 was 3.0%. An average annual increase in rates for ten years of 7.1% is rare in any industry. The campground industry has the advantage of not being affected by the global economy. In addition, the very high cost of building a new campground limits the possibility of a new competitor hurting an existing business. The number of campgrounds decreases each year, as some parks are sold and the land is converted to another use, and others are just closed. While many other industries have had to cut prices in this economy, the effect on the campground industry is only to slow the rate of increases from the ten year annual average of 7.1% to last year’s average rate increase of 3%. Go to VDM Consulting Group's website for more information on rates or industry changes in your state or region.