The recreational tourism and outdoor adventure segments are growing fast. They play an important role in local and national economies, with annual revenue of over $500 billion in the U.S. alone. The five fastest growing segments are RVs, fly fishing, standup paddle boarding, rifle hunting and cross-country skiing – others include biking, caving, climbing, hiking, downhill skiing and rafting.
Recreational areas require transportation systems, modern facilities, special equipment, sanitation, services, food, and health care facilities, requiring significant infrastructure capital investments.
Castle Placement is currently raising capital for several companies catering to the recreational tourism sector, including land acquisition, development, convention facilities, retail plaza/restaurants, and transportation.
Would you like to discuss a capital raise for your business?