2.13.5.1Vertical

Bike Rental & Eco-Tourism

Outdoor bike rental and eco-tourism activity operators.

Market snapshot

These figures describe Outdoor Recreation & Adventure (2.13.5), the segment that Bike Rental & Eco-Tourism sits within — not Bike Rental & Eco-Tourism on its own.

Market size
~$31B
Growth
~7.7%CAGR (2017–22, nominal)
Companies
~28,700
FragmentationConsolidatingEstimate

U.S. Census Bureau 2022 CBP/Economic Census, NAICS 713920 (skiing) + 713930 (marinas) + 713990 (other recreation) + 532284 (recreational-goods rental).

Business model & economics

Revenue model

Passes, slip/site rentals, admissions, and rentals

Key economics

Recurring revenue
Moderate–High

season passes and recurring slip/site fees

EBITDA margin
Strong for scaled pass and marina/campground operators
Capex intensity
High

Characteristics

  • Ski, marinas, and campgrounds became institutional asset classes.
  • Recurring pass and slip/site revenue underpins economics.
  • Heavy PE and REIT capital consolidating fragmented assets.

Geographic concentration

AlabamaAlaskaArizonaFloridaGeorgiaIndianaKansasMaineMassachusettsMinnesotaNew JerseyNorth CarolinaNorth DakotaOklahomaPennsylvaniaSouth DakotaTexasConnecticutMissouriWest VirginiaIllinoisNew MexicoArkansasCaliforniaDelawareDistrict of ColumbiaHawaiiIowaKentuckyMarylandMichiganMississippiMontanaNew HampshireNew YorkOhioOregonTennesseeVirginiaWashingtonWisconsinNebraskaSouth CarolinaIdahoNevadaLouisianaRhode IslandColoradoWyomingUtahVermont

Outdoor-recreation and adventure employment concentrates in the mountain and outdoor-economy states — Vermont, Wyoming, Colorado, and Utah.

VermontWyomingColoradoUtah

U.S. Census Bureau — 2022 County Business Patterns (employment by state), NAICS 713920. Concentration shown by location quotient.

M&A deal context

Deal activityHigh

Who’s acquiring

  • Ski, marina & campground platforms
  • PE-backed and REIT consolidators
  • Outdoor-recreation operators

What’s driving deals

  • Consolidation of marinas, campgrounds, and ski assets.
  • Outdoor and experiential-travel demand.
  • Recurring pass and slip/site revenue.

Find Bike Rental & Eco-Tourism acquisition targets

Search Acquisera’s index for companies classified under Bike Rental & Eco-Tourism (2.13.5.1) and build a targeted deal pipeline.

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