Price increase at our KOA
Every year at the end of our season we make our reservations for the following year. In that reservation is a listed price. Well, this off season the KOA was sold to new owners and I was notified th...
Forum Discussion
time2roll wrote:
Everybody loves the old owner with no mortgage and a big smile that has no need to press the prices and make sad faces. New owner has to pay market price, finance the purchase and probably catch up on some deferred maintenance so the price increases. I still think he could have honored the original reservation to retain some goodwill. I would pass at least one year and think about the value.
This right here.
Look at difference of price of an established business/campground 30 years ago compared to today. I know just 18 years ago it cost us $13 to camp at the local State Park. That now costs around $43 a night. The state has owned that land tax free forever.
Now consider a new campground owner with a huge mortgage to pay along with taxes.
