Motorhomes: Iran war, price shock, insolvencies - how robust is the camper boom?
Before the Caravan Salon, there are increasing insolvencies among rental companies and dealers, causing unrest in the industry. Why the market is still not facing a collapse.
The Düsseldorf Caravan Salon, a major trade fair for the mobile travel industry, is set to start in a few days, featuring around 800 exhibitors showcasing the latest caravans, motorhomes, and campervans. However, despite the industry's growth, with over 1 million recreational vehicles registered in Germany and an estimated annual turnover of over €15 billion, several companies have recently filed for insolvency, including FreeVenture GmbH, which operated under the brand "Vanever" and had over 430 campervans and motorhomes for rent.
The company's insolvency was attributed to changed customer booking behavior due to the Iran war, rising fuel prices, and economic downturn. The German Caravaning Trade Association (DCHV) remains optimistic, stating that the industry has been growing over-average for years and that most dealers and rental companies are solidly positioned.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.