What The RV Sales Backlog Means For Investors

Thor Industries and Winnebago Industries are overwhelmed with new RV orders.  

Winnebago, maker of 5 RV brands currently has a $4 billion order backlog. It reported a 2021 record revenue of $36 billion, a 54% increase over 2020.

Thor, the maker of 14 brands, currently has a $14 billion order backlog.  For fiscal 2021, it reported a recorded net sales of $12.3 billion.

So, why do investors care?

If you own an RV, you know how challenging it to reserve an RV parking spot.  With record sales record order backlogs, the RV park developers, like us, have many years to catch up with the demand.

At the time of this writing, our current RV resort development, Ennis Luxury RV Resort, has renters who want to reserve a parking place.  This even though plan to open January 2023.  In fact, one RVer contacted us twice and said he wanted to be the “First RVer to reserve a parking place and he was willing to put down a deposit to guarantee his performance.”  

Several other RVers want to make reservations for next year.  So, as of this writing, getting the reservation system in place is top priority.