- Mar 15, 2020
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I see in Practical Caravan that Swift had losses, in particular its touring caravan sales. In parallel Knaus and Trigano touring caravan sales are down. The post Covid surge in sales is over, so I wonder where touring caravan sales go from here. I notice that my grand children and their friends like going on holiday but extensively use AirBNB for short notice breaks and favour odd ball accommodations, or camping sites. Even things like going to Prague for a music event where the ticket prices are much lower than UK, such that with a budget flight, hotels etc the total cost for a couple of nights away is on a par with just going to a venue in UK with a single night accommodation. Campervans seem to be something they would aspire to, but even one of those is low in their needs given the purchase costs and other demands on their incomes.
It will be interesting to see how caravanning progresses in the future and what the makers actions will be.
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Swift posts pre-tax loss as caravan sales show no sign of "immediate return" to previous demand - Practical Caravan
Swift has said the pre-tax loss was the result of a number of factors, including economic uncertainty and the end of the post-pandemic surge.www.practicalcaravan.com
A friend who works at our local dealer says sales are almost 25% down and they have had to make significant redundancies affecting customer services. Caravaning is an expensive way to go on holiday these days, a new van is £20 to £30k minimum , in my case it costs £100 a month for my old van just to go nowhere for insurance, storage fees and an annual service. That pays for a holiday in itself. Site fees are going ever upwards. But I recognise we get what we pay for. I was delighted at the Coniston Park Coppice site this year to find TV hook ups on every pitch, amazing. Then at Burton Constable they excelled themselves with two EV chargers so my wife could recharge our disabled sons EV when she arrived.