Outdoorsy, an online rental company and RV lending partner, launched the Oasis Fund—a $30 million dollar initiative dedicated exclusively to providing funding for the purchase of safari glamping tents for eligible entrepreneurs looking to become part of the glamping revolution.
With a $30 million investment to start, Outdoorsy said the Oasis Fund will empower individuals to start their own turnkey glamping businesses by simplifying the purchasing process.
Outdoorsy co-founder and CEO Jeff Cavins said: “The higher nightly rate of glamping does not seem to be a deterrent for guests seeking modern, comfort-first amenities that allow them to stay close to nature. The high demand, and high profit margins, of this industry are not fading anytime soon.”
Outdoorsy partnered with a canvas safari tent designer to handcraft the tents. The tents can be found in glamping resorts and campgrounds, including Outdoorsy’s Bayfield, Colorado, destination.
Applying for the Oasis Fund is straightforward and done through the Outdoorsy concierge team. Owners can list their glamping tents with reduced fees on Outdoorsy Stays ahead of its nationwide launch by Summer 2024.
Cavins said when Outdoorsy bought the Outdoorsy Bayfield property, the company quicky saw something very familiar.
“Similar to the RV rental space, we noticed the glamping space was dealing with a handful of pain points in need of attention, innovation, and improvement,” he said. “Over the years our vision has expanded to include new ventures in the outdoor hospitality and accommodations space with Outdoorsy Stays and our campground destinations – Outdoorsy Bayfield and Outdoorsy Yosemite, so the timing is right to step in and do what a startup does best: improve a space in need of a helping hand.”
The glamping tents offer guests a state-of-the-art glamping accommodation complete with modern furnishings, air conditioning and heating. The tent includes a king bed, kitchenette and a luxury bathroom.
Each tent comes on a VIN-numbered towable chassis, making them movable. The tents can connect to existing 50-amp RV full hook-ups.
“Through the Oasis Fund, our objective is to activate the glamping adventure and provide the means for both individuals and those aspiring to manage short-term rentals to take ownership of their own entrepreneurial endeavors,” Cavins said. “Our in-house financing and the extensive reach of the Outdoorsy platform will equip glamping entrepreneurs with the ability to establish, host, and promote a product that’s seeing no slowdown in demand.”