Fractional RV Ownership Expands Into Luxury Travel Market
Affluent travelers are increasingly opting for fractional motorhome ownership instead of full purchase. The model allows multiple people to co-own a m...
Affluent travelers are increasingly opting for fractional motorhome ownership instead of full purchase. The model allows multiple people to co-own a motorhome, with each owner buying an equity stake in an LLC that owns the RV and sharing expenses such as maintenance and insurance. Reve RV reports that co-owners of its luxury Class-B motorhomes save about 48%, or about $158,400, compared to sole ownership over a five-year term, and can use the RVs up to 180 days a year. Unlike a timeshare, co-owners receive actual equity in the asset.
