Parkdean Holidays

Parkdean Resorts
(PD Parks Holdings Limited group)
Private Limited Company
Industry Leisure / Holiday
Successor Parkdean Resorts
Founded 1999 (1999)
Headquarters Newcastle upon Tyne
Number of locations
24 holiday parks in the UK
Key people
John Waterworth
Michael Wilmot
Judith Archibold
Ian Gill
Maggie Pavlou
Barry Gifford
Products Self catering holiday parks
Revenue Increase £142.59m (group, 2015) [1]
Increase £39.79m EBITDA (group, 2015) [1]
Profit £4.96m (group, 2015) [1]
Owner Alchemy Partners Nominees Ltd (65%) [1]
Number of employees
2,028
Parent PD Park Holdings Limited group
Website www.parkdeanholidays.co.uk

Parkdean Holidays is a self-catering holiday park operator with 24 sites in the UK: fifteen in South West of England, six in Scotland, two in South Wales and one in East Anglia. Parkdean offers a range of accommodation, including caravan holiday homes, lodges, cottages and apartments, which are available for short breaks and longer holidays throughout the year.

Parkdean was formed in November 1999 with a management buyout of Trecco Bay Holiday Park in Wales for £21.4 million, and has since grown through a buy and build strategy.

In 2015 the company was awarded "Best UK Holiday Park Operator" at the British Travel Awards, the sixth year in row Parkdean Holidays have won the award.[2]

History

In July 2000 Parkdean Holidays acquired an additional three parks in Cornwall: Newquay, Holywell Bay and Crantock Beach for a combined cost of £4.2 million.

In March 2001 Parkdean bought a further three holiday parks in the South West of England (Challaborough Bay, West Bay and St Minver) and four in Scotland (Grannie’s Heilan Hame, Nairn Lochloy, Strath Tummel and Sundrum Castle) for a combined cost of £15.5 million. The head office in Newcastle was also opened this month

March 2002 saw Parkdean Holidays acquire Ruda Holiday Park in Croyde, North Devon, which is home of the GoldCoast Oceanfest surfing festival. Two months later Parkdean Holidays was floated on the Alternative Investments Market of the London Stock Exchange.

In May 2003 White Acres and Sea Acres Holiday Parks in Cornwall were obtained for a combined £18.5 million.

In March 2004 Parkdean acquired Southerness Holiday Park in Scotland for £5.3 million with a further five parks obtained in October (Warmwell, Cherry Tree, Torquay, Wemyss Bay and Pendine Sands) for £41.8 million.

In July 2007 Parkdean Holidays bought Weststar Holidays for £83 million. Weststar Holidays have 4 holiday parks in the South West including Mullion and Looe Bay in Cornwall, Sandford in Dorset and Hayling Island in Hampshire.[3]

In 2015 Parkdean and Park Resorts merged to create 'Parkdean Resorts'.[4] Parkdean Resorts will operate 72 holiday parks, serve 1.8 million customers, have 22,200 caravan owners, 35,400 pitches and sell 400,000 domestic holidays across their estate. The business will operate under two brands "Parkdean" and "Park Resorts" during 2016. The merger created the largest holiday park operator in the UK.[5]

The following parks are currently operated by Parkdean Holidays:

Cornwall

Newquay

Holywell Bay

Crantock Beach

St Minver

Sea Acres

White Acres

Mullion

Looe Bay

Devon

Challaborough Bay

Ruda

Torquay

Norfolk

Cherry Tree

Scotland

Grannie's Heilan' Hame

Nairn Lochloy

Tummel Valley

Wemyss Bay

Sundrum Castle

Southerness

Dorset

Warmwell

West Bay

Sandford

Hampshire

Hayling Island

References

  1. 1 2 3 4 PD Parks Holdings Limited, Annual report and financial statements 31 January 2015, approved 4 April 2015.
  2. "2015 winners". britishtravelawards.com. Retrieved 2016-04-19.
  3. "Parkdean Corporate | History". www.parkdeanltd.com. Retrieved 2016-04-19.
  4. "Park Resorts in £1bn merger with Parkdean". The Independent. Retrieved 2016-04-19.
  5. "Parkdean Corporate | News | Latest News". www.parkdeanltd.com. Retrieved 2016-04-19.

External links

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