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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 Two main categories for RVs recreational vehicles are motorhomes motorized and tow What are the Types of RVs classifications ables towed behind the family car van or pickup Types of motorhomes 1 Type A motorhomes are generally the largest 2 Type B motorhomes or van campers are the smallest 3 Type C motorhomes generally fall in between Types of towables 1 Folding camping trailers 2 Truck campers 3 Conventional travel trailers 4 Fifth wheel travel trailers 1 Understand Why Do People Choose RVs reasons 1 7 several slides 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 reserva tions airport lines or luggage restrictions 2 Comfort Fully equipped kitchens and baths Rooms slide out at the touch of a button Cen tral air and heat Plasma TVs surround sound stereos and more Today s RVs provide travelers with all the amenities of home while traveling 3 Family appeal Unique and pleasant way to travel as a family Families that frequently va cation by RV say it fosters an increased sense of togetherness and helps improve family communication RV owners say that strengthening family relationships is important for their pleasure trips 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 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 and Outdoor vehicles 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 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 RV s usually get 6 7 miles per gallon on a highway 2 Which age group is listed on the slide The Recession as RV enthusiasts de spite difficult purchasing conditions Baby boomers What is the predicted future of the RV Market no need to click on the link just know the slide bullets Changes in the frequency and duration of vacations favor the RV industry Americans are trav eling shorter distances and on weekends with less planning according to recent studies For RV owners this is a convenient travel pattern In 2011 U S RV ownership reached a new high of 8 9 million up a million since 2005 Both parents and empty nesters are strong potential RV buyers The 2011 RVIA RV Consumer Demographic Profile showed the following 8 5 of U S households now have an RV parked in the driveway and 21 of all U S households plan to purchase an RV in the future 27 of former RV owners showed interest in purchasing an RV in the future Interest in RV ownership is being driven largely by consumers between the ages of 35 and 54 RV manufacturers are innovating to give consumers an array of product choices Lightweight towables and smaller fuel efficient motorhomes There will be a smaller number of manufacturers in the RV Industry in the future Some of the failing brand names are going to be acquired by large companies Major well known brands will emerge under new management and owners Future RVs will be lighter and smaller a trend away from the extra large models Manufacturers will offer models with fewer bells and whistles at a lower cost A fair and uniform RV Lemon Law will be introduced in all 50 states The government will impose more rules and laws on the RV Industry products More RV Parks and camping facilities More people will rent RVs to test the new 3 Module 8 The Car Rental Indus try What is the percentage of person trips made by auto slide 8 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 Who is the leader in the Rental Car Industry slide 32 Enterprise who racked 7 4 billion is the leader in the Rental Car Industry What are the two major markets in the Rental Car Industry slide 40 The two major markets are 1 Corporate cars are distributed to airports and hotel surround ings and 2 Leisure market cars are distributed to agency owned facilities that are conve niently 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 4 A survey of more than 1 300 business travelers who volunteer information for USA TODAY s Road Warrior Panel finds other customer complaints 1 Dirtier cars 2 Less service 3 Longer lines 4 Fewer choices of models Extra notes for the Car Rental Industry The car rental industry is a multi billion dollar sector of the US economy Avg 20 5 billion annually Approximately 17 500 rental locations today Yields about 1 6 million rental cars in the US 5 Module 9 Rail Industry Why do people choose the Rail System slide 6 People choose the rail system for Safety reliability speed convenience and com fort When did the first steam locomotive open for service day date and city slide video 9 The first steam locomotive open for service on Christmas Day December 25 1830 in Charleston South Carolina What company is the primary provider of Rail Service in the US slide 19 Amtrak is the primary provider of Rail Service in the US What has the US National Park Service considered installing within Yosemite National Park slide 30 US National Park Service has considered installing a Solar Powered train in an effort to eliminate automobile traffic and pollution Know the bullets on International Rail Service slide 36 Passenger rail service is more important outside of North America 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


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FSU HFT 1000 - Module 7 - RV Industry

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