Nationwide RV and Resorts, Inc. Acquires Utah Resort for $3.6 Million
Rhea-AI Summary
Nationwide RV and Resorts (OTC Pink:NWRV) has acquired Bryce Glamp and Camp, LLC, a luxury glamping resort near Bryce Canyon, Utah, for $3.6 million. The acquired property demonstrated strong performance with over 90% occupancy in April 2025 and generated revenue exceeding $1 million in 2024. The resort benefits from its strategic location near Bryce Canyon, which attracts over two million tourists annually from around the world.
Positive
- Acquisition of profitable luxury glamping resort for $3.6 million
- High occupancy rate of over 90% in April 2025
- Strong revenue performance exceeding $1 million in 2024
- Strategic location near Bryce Canyon with exposure to 2 million annual tourists
Negative
- None.
News Market Reaction – NWRV
In the trading session that priced this news, NWRV declined 30.00%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HENDERSON, NV / ACCESS Newswire / May 6, 2025 / Nationwide RV and Resorts, Inc (OTC Pink:NWRV) is pleased to announce that the company has acquired Bryce Glamp and Camp, LLC, a high-end "Luxury Outdoor" Glamping Resort, located near Bryce Canyon in southern Utah.
Bryce Glamp and Camp had over
Visit www.BryceGlampAndCamp.com to book a stay or find out more about the resort.
About Nationwide RV and Resorts Inc.
Nationwide RV and Resorts Inc, owns, operates, and designs RV parks and Resorts within the continental U.S. Through its subsidiary Nationwide Property Partners, Inc, , the Company purchases and rents residential properties. Nationwide's common stock trades on the OTC Pink marketplace under the ticker symbol "NWRV".
Forward-Looking Statements:
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on current expectations, estimates, and projections about Nationwide RV and Resorts Inc.'s industry, management's beliefs, and certain assumptions made by management. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual results may differ materially from what is expressed or forecasted in such forward-looking statements. Except as required by law, Nationwide RV and Resorts, Inc. undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact:
Jack Galvin
702 904-0475
Jack@nationwidervresorts.com
SOURCE: Nationwide RV and Resorts, Inc.
View the original press release on ACCESS Newswire