Kampgrounds of America, Inc. (KOA) said its record-breaking sales years have not yet come to an end.
KOA said 2023 revenues are up 2% from the same period in 2022. Advance deposits are up 9.5% from 2022 levels.
“Our ongoing improvement since the surge in camping popularity during the pandemic is a real testament to the service we deliver,” said Toby O’Rourke, KOA president and CEO. “With more leisure travel options and increased competition in camping, it’s apparent that KOA is delivering on providing the best in outdoor hospitality.”
Trust in KOA resulted in franchise partnership growth. Year-to-date, seven campgrounds have converted to KOA locations. New KOA campgrounds can be found in Ohio, Utah, Missouri, Texas, and California.
Texas and California both welcomed two campgrounds to the KOA system.
“Investment in our industry continues to grow,” O’Rourke said. “The increase in KOA conversions and new builds shows the value of the KOA brand in the marketplace not only to our customer but as a pivotal business tool for campground owners.”
New construction continues to be a growth opportunity as two new construction contracts will bring KOA campgrounds to Louisiana and Ohio.
In the year’s first half, KOA acquired three Montana campgrounds. The parks were purchased from the Marv and Carol Linde family, who owned and operated the campgrounds for 46 years.
