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Study Guide for HFT 1000 Fall 2013 There are 6 Modules for this test therefore you should be familiar with the five bulleted items for each module in preparation for exam 2 The final exam consists of 50 questions multiple choice or true false Module 7 RV Industry What are the Types of RVs classifications you will see photos of Class A etc o Type A motorhomes are generally the largest o Type B motorhomes or van campers are the smallest o Type C motorhomes generally fall in between A Class C motorhome is described as van campers o Truck camper o Folding camper trailer o Fifth wheel travel trailer o Sport utility RV o Park model Understand Why Do People Choose RVs reasons 1 7 several slides People chose RVs because they take away the stress over inflexible schedules advance reservations airport lines or luggage restrictions o 1 Flexibility and convenience Convenient hassle free way to see America Freedom and flexibility to go where ever and whenever No worry or stress over inflexible schedules advance reservations airport lines or luggage restrictions o 2 Comfort o 3 Family appeal Fully equipped kitchens and baths Rooms slide out at the touch of a button Central air and heat Plasma TVs surround sound stereos and more Today s RVs provide travelers with all the amenities of home while traveling Unique and pleasant way to travel as a family Families that frequently vacation by RV say it fosters an increased sense of togetherness helps improve family communication RV owners say that strengthening family relationships is important for their pleasure trips 1 o 4 Affordability RV vacations are more affordable than other travel i e car plane etc Even factoring in RV ownership costs and considering resulting tax benefits a family of four can spend up to 74 less when traveling by RV o 5 Lure of the outdoors RVers can enjoy many sites in nature and small towns whenever Bring the comforts of home Sport utility RVs allow Rvers to haul ATVs Snowmobiles Motorcycles Outdoor vehicles o 6 Versatility Being used year round for a wide variety of purposes in addition to traveling Shopping Tailgate parties at sporting events Pursuing special interests like horse dog and antique shows and other hobbies o 7 Rentals available Renting an RV is a popular way to try before you buy The RV rental business is a 350 million industry Grew by 34 in 2004 according to figures compiled by the U S Census of Retail Trade and the RV Rental Association RVRA On the slide Higher Gas Prices how many miles per gallon does the average RV get o RVs usually achieve 6 7 miles per gallon on a highway Which age group is listed on the slide The Recession as RV enthusiasts despite difficult purchasing conditions o Baby Boomers bullets What is the predicted future of the RV Market no need to click on the link just know the slide o Changes in the frequency and duration of vacations favor the RV industry Americans are traveling shorter distances and on weekends with less planning according to recent studies For RV owners this is a convenient travel pattern o In 2011 U S RV ownership reached a new high of 8 9 million up a million since 2005 o As of 2011 data RV ownership is increasing o Both parents and empty nesters are strong potential RV buyers o The 2011 RVIA RV Consumer Demographic Profile showed the following 8 5 of U S households now have an RV parked in the driveway 2 21 of all U S households plan to purchase an RV in the future o 27 of former RV owners showed interest in purchasing an RV in the future o Interest in RV ownership is being driven largely by consumers between the ages of 35 and 54 o RV manufacturers are innovating to give consumers an array of product choices Lightweight towables and smaller fuel efficient motorhomes Green technologies such as solar panels o There will be a smaller number of manufacturers in the RV Industry in the future o Some of the failing brand names are going to be acquired by large companies o Major well known brands will emerge under new management and owners o Future RVs will be lighter and smaller a trend away from the extra large models o Manufacturers will offer models with fewer bells and whistles at a lower cost o The fuel consumption will be significantly improved over today s units o Hybrid power trains for motor homes are still a few years out o Small Trailers Class C and Class A units imported from overseas o A fair and uniform RV Lemon Law will be introduced in all 50 states o The government will impose more rules and laws on the RV Industry products o More RV Parks and camping facilities o More people will rent RVs to test the new experience Module 8 Auto Industry What is the percentage of person trips made by auto slide 8 o 80 of person trips are made by auto in the U S Understand the trend depicted on the slide of Rental Cars in the US slide 19 o The high was in 2007 at 1861 o The low was in 2003 at 1617 o Currently in 2010 at 1629 close to low and downward since 2007 Who is the leader in the Rental Car Industry slide 32 o Enterprise What are the two major markets in the Rental Car Industry slide 40 o Corporate cares are distributed to airports and hotel surroundings o Leisure markets cars are distributed to agency owned facilities that are conveniently located within most major roads and metropolitan areas What are the complaints of the current Rental Car Industry on the slide The Recession slide 49 o Dirtier cars o Less service o Longer lines o Fewer choices of models 3 Module 9 Rail Systems Why do people choose the Rail System slide 6 o The main reason is mobility other important reasons are Safety Reliability Speed Convenience Comfort When did the first steam locomotive open for service day date and city slide video 9 o Christmas Day December 25 1830 in Charleston What company is the primary provider of Rail Service in the US slide 19 What has the US National Park Service considered installing within Yosemite National Park slide o Amtrack 30 o A solar powered train within Yosemite National Park in an effort to eliminate automobile traffic and pollution Know the bullets on International Rail Service slide 36 o Passenger rail service is more important outside of North America o Rail Service is still very important in Europe and Asia e g Japan Korea China and Taiwan Often is faster and cheaper than air travel High speed trains carry passengers between large population centers Chunnel allows travelers to travel between Europe and U K all by train Channel Tunnel allows


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FSU HFT 1000 - Module 7—RV Industry

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