Forbes: RV sales boosted by millennials

RV sales have risen by more than 15 percent in the U.S. each of the last two years, and millennials are largely responsible for the increase in sales, according to an article in Forbes Magazine. 

Frank Hugelmeyer, president of the Recreational Vehicle Industry Association, told Forbes, “Our growth is absolutely coming from young families and millennials getting into the lifestyle.”

Forbes reported that this new reality could mean great things for the RV industry: “Experience-craving millennials, joined by retiring baby boomers, are helping fuel an unprecedented boom in sales of recreational vehicles, giving a cool sheen to the itinerant life, and getting the industry to believe that it can move past the wild volume cycles that almost put it out of business during the Great Recession.”

To read the full article, click here.