b'some or all the spaces, from gravelmind is to be disciplined in the in-to paved. That has a good return onvestment approach. Rely on funda-investment.mentalsanddontbeapanic Lookatcampgroundindustrybuyer. It takes a lot more work to consultants who specialize in eval- identifyacquisitiontargetsthan uating a parks financial potential,ever before. We work very hard to particularly if different types of im- give sound advice and dig deeper provements are made in responsebecause,ultimately,thisbenefits tomarketdemands.Youcanboth buyer and seller. hardly over-improve a park, CookHendrickson added, While the said. There is such a shortage ofcrystal ball may be a bit fuzzy for us good quality parks, it can only im- all, sound investments will always proveyourbottomlinetomakebe sound investments. your park stellar.Thats true, were told, regard-Identifyamarketingteamtoless of whether the park caters to haveonstandbytohandleyourleisuretravelersorprovidesRV marketing and branding once yousitesorrentalaccommodations complete the park purchase. Theyfor transient workers. may need to create a new websiteThe number of transient work-and rebrand the park, dependingers in RVs is a whole lot bigger than on whats needed.people realize, Baehre said, adding Ultimately, Cook said, whoeverthat the trend is being fueled not invests in the necessary park im- onlybypeoplediscoveringthe provementsistheonewhoulti- lifestyle merits of working from an mately reaps the greatest financialRV, but the simple fact that many rewards.Sellersandbuyersbothcompanies no longer provide long-haveopportunitiestomaximizeterm work contracts. their return on investment if theyHow big is that market (of peo-choose to do so.pleworkingfromtheirRVs)? Meanwhile, Hendrickson sees noBaehreasked.Nobodyknows. letup in demand for private parks.ButthegrowingdemandforRV If the pandemic has taught us any- sites from both workers and leisure thing, he said, it is that one daystravelers is continuing to fuel a hot outlook is changed by tomorrowsrealestatemarketforcamp-news. That said, even with volatilitygrounds,RVparksandresorts there is opportunity. The key in myacross the country. WCMRMS Launches Five New ProductInnovations on Reservation PlatformRMS North America, a providerofcloud-based reservationandproperty managementsystemsto thehospitalityindustry, has announced the launch of five product innovations designed to support hospi-talitycustomersinen-hancingtheirguest experiencefortheyear ahead, according to a press release. RMS North America is dedicated to driving inno-vation at every turn, staying connectedReservation-Level Attribute Filtering with the pulse of the global accommoda- New dropdown filters on the reserva-tion industry, and listening to our clientstion screen allow for immediate filtering so we can continue building products thatbased on guests attribute requirements. measurably impact their businesses, saidThis new functionality will help users Fred Dominioni, the companys chief rev- quickly accommodate guests with spe-enue officer. The enhancements wevecific needs, such as wheelchair accessi-releasednotonlyaddresscustomerbility. needs,buttheyenablebusinessestoPoint of Sale Chargeback Features adapt and succeed in an ever-evolvingUsers can now decide whether guests travel and hospitality landscape.can charge back to their reservation ac-Guest Portal Photo Uploadingcount and set limits when using POS Lite Users can now request photos andor a POS integration partner. Easily man-files from guests by creating a customage automatic payment preferences and form letter with an upload image fieldset up default chargeback rules accord-that will populate in the Guest Portal.ing to the propertys preferences. Guests will be prompted to upload theGroup Allotment Release Options requested item, whether a copy of theirThe Release Type dropdown field al-ID, passport, updated insurance docu- lows users to set Days Before Release or ment, or other requirements. This can alla specific release date that will release be accomplished via guests smart de- blocks of inventory for all dates on the vices.date youve set. By selecting a release Booking Chart Text View Optionsdate, inventory will be guaranteed up to New text view options in the Bookingand including the selected date. It will re-Chart enable users to view essential in- lease back to house use or connected formation across all bookings by filteringchannelsafterthechosendatehas by Average Nightly Rate or Total Dis- passed. count. Views can be customized furtherTolearnmoreaboutallofthese by choosing colors to represent differentproductsorscheduleademo,visit booking details.www.rmsnorthamerica.com WCM30 April 2022 Woodalls Campground Magazine'