Cruise America is an American Employee Owned (ESOP) recreational vehicle rental and sales company based in Mesa, Arizona.

A 30-foot Cruise America Ford E-450 recreational vehicle.

The company was founded in 1972 and was publicly traded in the American Stock Exchange under the ticker “RVR” until 1997.[1] It then merged with Budget Group. Budget sold the company to its founders and management in 2000.[2] In 2014 the company became an ESOP.

It operates 132 locations across North America.[3] Cruise America holds a 52% market-share in US recreational vehicles rental operations market. [4]

References

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  1. ^ "SECInfo.com".
  2. ^ "COMPANY NEWS; BUDGET SAYS IT WILL SELL 2 UNITS AND FOCUS ON RENTALS (Published 2000)". The New York Times. Archived from the original on 2023-02-05.
  3. ^ Cruise America RV Rentals and Sales – The Official Site
  4. ^ Morrison, Tina (21 December 2016). "Tourism Holdings to buy El Monte US campervan business for US$65.3 million". New Zealand Herald. Retrieved 21 December 2016.
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