Industry Analysis & Industry Trends
The Summer Camps industry is tied closely to overall economic indicators such as per capita disposable income, population growth and leisure time. The recession of the past five years limited the ability of consumers to spend on camp functions for themselves and their children. Over the next five years, though, the industry's return to pre-recession growth patterns will reflect marginal increases in the number of children and adolescents, rapidly improving expenditure on recreational activities and marginal gains in sports participation. At the same time, competition from day camps that began before the recession is projected to continue and increase.... purchase to read more
Industry Report - Industry Investment Chapter
The Summer Camps industry carries a low level of capital intensity. For every dollar spent on labor, the average industry firm will invest roughly $0.09 in capital equipment. Some typical capital that the average summer camp may invest in include furniture, administrative equipment, boats, ATVs or other recreational vehicles. Because this is a service-based, hospitality-related industry, summer camps generally focus more heavily on their staff. This is especially prevalent at specialty instruction camps where campers demand quality instruction from a well-trained, knowledgeable staff of counselors. The level of capital intensity is also subdued because most camps must focus on other costs such as fuel, and food... purchase to read more