AUSTRALIANS TURN TO CARAVAN HOLIDAYS

Written on the 21 October 2016

AUSTRALIANS TURN TO CARAVAN HOLIDAYS

CARAVAN registrations have grown 30 per cent nationally in five years, says the Caravan Industry Association of Australia.

In its latest BDO Caravan and Camping Data Report, the association discovered that campervan registrations increased 20 per cent in the same period.

Combined registrations of caravan and campervans peaked at a record high of 615,301 for the year ending January 2016.

This represents 4.9% growth on the previous year and makes recreational vehicles the fastest growing vehicle registrations by type in the country.

This total number is made up of 554,34 caravans and 60,957 campervans, a ratio of 90% caravans and 10% campervans that has remained largely the same in the last year.

The figures go some way to explaining the success of businesses such as Apollo Campers and Zone RV.

The average age of registered campervans is 17.8 years and this indicates that potentially two thirds of campervans on the road will be due for replacement in the coming years.

Breaking it down further, 65% of campervans used diesel fuel and 74% had a tare weight of between 1,000 and 5,000 kilograms. In the caravan segment, 67% weigh less that 1.5 tonnes, however, the largest growth in the last year has been in the 2 to 2.5 tonne range, indicating a trend towards bigger rigs or ones that are loaded with all the mod cons.

Caravan Industry Association of Australia says the report highlights the increasing demand for the caravanning and camping lifestyle in Australia, which bodes well for regional communities that benefit from tourism generated by this sector.


Latest News

HOW INGRID BONNOR TURNED A LABOUR OF LOVE INTO A WORLDWIDE FASHION ICON

BEFORE Ingrid Bonnor started her bridal robe and feminine sleepwear company Homebodii in 2011, she didn't have an...

G8 EDUCATION EXECUTIVE CHRIS SCOTT RETIRES AS COMPANY CUTS CHINESE TIES

LONG-TIME managing director and executive of G8 Education (ASX: GEM) Chris Scott has announced his retirement, on ...

REGIONAL BANKS HIT OUT AT RATING CUT AND WARN BIG FOUR WILL BENEFIT

REGIONAL banks have hit out at a downgrade on their credit ratings, warning that it will increase their wholesale fun...

$71 MILLION SALE OF 'SYDNEY SIX' GIVES RISE TO WESTERN SYDNEY INVESTMENT HOTSPOT

SIX INDUSTRIAL assets in Sydney's West, dubbed the 'Sydney Six', have sold for a collective $71 million, ...

Related News

REGIONAL BANKS HIT OUT AT RATING CUT AND WARN BIG FOUR WILL BENEFIT

REGIONAL banks have hit out at a downgrade on their credit ratings, warning that it will increase their wholesale fun...

THE COMPANY THAT DECIDED IT WAS GOING TO GIVE A CRAP THANKS TO CROWD FUNDING

SIMON Griffiths is using toilet paper to save the world.

In 2012, on the back of an IndieGoGo crowdfunding campaig...

SURFSTITCH DOWNGRADES EARNINGS AS SHARES PLUNGE 25 PER CENT IN A DAY

TROUBLED online sports clothing retailer SurfStitch is considering selling off more of its assets and will close i...

AUSCANN RESUMES TRADE AFTER $12 MILLION CAPITAL RAISING

IT'S BEEN a big few days for medical cannabis manufacturer AusCann (ASX: AC8), as the company emerged from a trad...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter