Sun Communities Third-Quarter Results Show RV Costs Outpacing Revenue Growth
Sun Communities reported on Oct. 26 that same-property RV expenses rose 3.2% while revenue grew 0.5%, cutting RV net operating income.
Key facts
- Sun Communities reported third-quarter results on Oct. 26, with same-property RV revenue up 0.5% and RV expenses up 3.2%.
- Sun's same-property RV net operating income fell 1.3%, and the company lowered its full-year RV NOI guidance.
- Equity LifeStyle reported annual-site revenue up 5.3% and transient revenue down 5.8%, with 2027 annual rates set at about 4.7% higher.
- September RV shipments fell 9.2% from a year earlier and were down 13.7% year to date.
- Park-model RV shipments were up 19.1% year to date.
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Read the original at Woodall's Campground Magazine (opens in a new tab)
Source: Campground Intelligence: Quarterly Reports, Demand — Woodall's Campground Magazine, November 6, 2026. Summary and commentary by RISE Community; read the full story at the source.
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