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Saturday, January 27, 2024

KOA Expects Significant Expansion In 2024

Above, The Beast at the Ely, Nevada KOA Kampground. Photo by Armand Vaquer.

Whenever I go on a vacation in my motorhome, more often than not I usually stay at a KOA Kampground (Kampgrounds of America) either along the way or at my destination.

The KOAs are generally consistent in their parks, including amenities. I know what to expect. Plus, I have accrued points that I can use for discounting nightly stays. Since I am a member, it make for easier reservations and check-ins.

KOA is expecting "significant" expansion 2024, according a press release posted in RV Travel.

They posted:

Kampgrounds of America, Inc. (KOA) is looking forward to a year of significant expansion in 2024. In 2023, KOA elevated the total number of operating KOA parks to 511 by the end of the year.

A key factor in KOA’s success has been the sales team’s progress, with 12 conversions of independent parks and the signing of eight new construction contracts, resulting in 20 agreements in 2023. This effort marked a significant rise from 14 agreements in the previous year.

“KOA is the go-to partner for conversion and new build campgrounds,” said chief acquisition officer Chris Fairlee. “The equation is easy for owners to see how our brand and services set them up for success and create operational efficiencies.”

The organization also maintains a robust pipeline for future expansions, including six parks in the process of converting to a KOA and 26 new construction franchise campgrounds. KOA also has three owned properties earmarked for KOA campground development. With a healthy franchise renewal rate of 95%, KOA could easily reach 550 campgrounds in the next few years.

To read more, go here.

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