CHL 0.63% $1.61 camplify holdings limited

Some elements on the sector, page-8

  1. 3,930 Posts.
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    Quite interesting to compare Camplify with professional hirers (B2C).
    I struggle to get price comparisons for similar products.

    But it is also interesting to see that they compete on a lot of other elements* than just prices :
    - there is no office hours on Camplify, unlike professionals (ex.Apollo Tourism requires RV to be returned within branch hours, usually from 8 am to 4 pm),
    - minimum hiring period : the majority on Camplify is 2-3 days minimum vs 5 days with Apollo (10 days with Apollo during peak period),
    - one way travel (returning in another place, than initial pick up) : many Camplify owners begin to offer this service at a smaller fee than professionals. With Apollo Tourism the fee is 165 $ and there is a minimum booking period of at least 7 days;
    - cancellation fee : 100 $ with Apollo if hire cancelled 61 days+ before pick-up (not sure what's the comparable with Camplify, but the large majority of customers decided to reschedule because of covid restrictions rather than asking a refund to Camplify).

    Last element, Camplify and professional hirers are not necessary competitors.
    Camplify is also trying to list some fleets on its website (Airbnb has around 10 % of its revenues from professionals).

    * the comparison here is just between Camplify and Apollo Tourism as I was able to find a lot of details regarding Apollo Tourism rental conditions.

    Last edited by saintex: 30/09/21
 
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