Pathfinder Forecasts Winter Occupancy to Exceed 50%
VANCOUVER, B.C., November 2, 2022 – Pathfinder Ventures Inc. (TSXV: RV) (OTCQB: RVRVF) (the “Company,” “RV” or “Pathfinder.”) is pleased to report a 47% booked occupancy rate for Q4 2022 and Q1 2023 combined, with the expectation of achieving 50%. The 47% booked occupancy also represents a 9% YoY increase for the Company’s Pathfinder Camp Resorts brand.
The 47% occupancy is a result of a successful Winter Stay Program. Snowbirds from across the country are choosing Pathfinder Camp Resorts to spend their winter. 96% of the Winter Stay Program sites are reserved to date. Pathfinder continues to explore ways to expand its Winter Stay capacity in the future seasons.
“We’re really encouraged with these figures as we continue to see growth at all our resorts in what used to be called the ’off-season’,” says Pathfinder CEO Joe Bleackley. “The desire for winter camping is increasing every year, and we’re well-positioned to be a leading provider of winter RV camping in British Columbia.”
Despite the US-Canada border opening in the 2022 calendar year for RV customers, Pathfinder Camp Resorts is reporting strong winter camping demand.
Fort Langley Location currently at 98% occupancy for Winter Camping
The company’s Fort Langley location has almost reached its maximum Winter Stay occupancy. The Winter Stay program includes 101 full-service RV sites for seasonal RV owners to enjoy. The program runs October 14th to April 12th. The remainder of the camp resort’s full-service sites are available for nightly rental for those guests looking to experience shorter stays during the mild winter camping season in British Columbia.
Agassiz Location reports 34% YoY growth in the Winter Camping Forecast
Through 31 days into Q4, the Company’s Agassiz-Harrison Pathfinder Camp Resort has experienced a 34% YoY increase in its occupancy. This increase accounts for occupied site nights during October along with booked site nights throughout the remainder of 2022/2023 winter.
About the Winter Stay RV Program
The Winter Stay program begins mid October when RV guests arrive after Canadian Thanksgiving. Guests stay with Pathfinder Camp Resorts until the middle of April. The program ensures all the Company’s camp resort locations are being maximized through the winter months, while a select number of sites remain open for night-to-night reservations. “Our guest programs and events are what truly set us apart from other camp resorts,” says Stan Duckworth, Pathfinder’s COO. “We’re excited to bring back these programs and events our winter guests enjoyed prior to COVID.” The Company expects its Q3 financial results to be released on November 28th.
About Pathfinder Ventures
Pathfinder Ventures Inc. is developing a network of branded, upscale and family-friendly RV parks and campgrounds under the “Pathfinder Camp Resorts” name. Pathfinder currently has three camp resorts located in B.C. and is focused on growing its network through both acquisitions and development. Pathfinder is also seeking to acquire RV & Self Storage facilities to take advantage of the rapidly growing market of people who want to experience the great outdoors in an RV.
To learn more about Pathfinder Camp Resorts, click the link below:
On behalf of the board of directors of the Corporation:
Chief Executive Officer, Founder and Director
Pathfinder Ventures Inc.
Joe Bleackley – Chief Executive Officer, and Director
Phone: (604) 914 2575
Website: PathfinderVentures.ca || PathfinderCampResorts.com
Investor Relations Contact:
Simone Capital Corp.
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