Kampgrounds of America, Inc. Reports Financial Growth and Campground Expansions

Kampgrounds of America, Inc. (KOA) reports continued growth, sharing that revenue has improved by 2% year-over-year. Following years of record-breaking same-store revenue, the company anticipates more positive change, with advanced deposits up 9.5% over 2022.

“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, president and CEO of Kampgrounds of America, Inc. “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 the KOA brand has also resulted in impressive growth in franchise partnerships. Year-to-date, seven existing campgrounds have been 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.

New construction, which has increased dramatically over the last several years, continues to be an attractive partnership option. Two new construction contracts will bring KOA campgrounds to Louisiana and Ohio.

“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.”

In the year’s first half, the company also acquired three iconic Montana campgrounds, adding to Kampgrounds of America, Inc.’s owned and operated portfolio. The parks were purchased from the Marv and Carol Linde family, who owned and operated the campgrounds for 46 years.

 

Kampgrounds of America, Inc. (KOA) is the world’s largest system of open-to-the-public campgrounds with 500+ locations across the U.S. and Canada united under the mission of “connecting people to the outdoors and each other.” The industry leader in outdoor hospitality, KOA’s family of campground brands – KOA Journey, KOA Holiday and KOA Resort – offer sites and amenities designed for every type of camping experience. In addition to unrivaled brand visibility, KOA offers campground owners unparalleled support, marketing, and technology. The company’s proprietary reservation software, K2, delivers campgrounds a completive advantage within the market. Founded in 1962 in Billings, Mont. and celebrated its 60th anniversary in 2022, KOA now serves more than a million camping families each year, who rely on the standards of excellence and unique outdoor adventures for which KOA is known. For more information, visit KOA.com.

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