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Friday, October 9, 2020

Reasons Why Winnebago Will Be 2021 Winner

Above, my 2015 Winnebago Minnie Winnie 22R in Lava Hot Springs, Idaho. Photo by Armand Vaquer.


2020 has been a weird year more ways than one. 

And that goes for the RV industry. When the coronavirus pandemic hit the U.S., it appeared that it would seriously hurt the industry.

But it turns out that the pandemic has been a blessing to the RV industry. People began to see that traveling in a RV is safer than flying and staying in hotels. 

Although many people are wanting to get into the "RV lifestyle", initial closures put a crimp on RV manufacturers and their suppliers. 

According to Market Beat, 2021 will be a bigger year for RV manufacturers. This includes Winnebago Industries.

They wrote:

2020 has been an up-and-down year for the RV companies, and Winnebago (NYSE: WGO) has been no exception. Even though a lot of people want an RV, pandemic-related disruptions and economic uncertainty have contributed to fewer people getting new RVs than you might expect.

But even though its been a rocky road in 2020, 2021 promises to be much better. Here are five reasons why the RV industry – and Winnebago in particular – are set for a 2021 boom.

To read more, go here

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