UK: Celtic Holiday Parks in Pembrokeshire has announced that it will be constructing an additional 54 holiday homes across its three sites.
The self-catered accommodation operator has acquired a six-figure loan from HSBC in order to fund the properties.
Funding was secured as a part of the Coronavirus Business Interruption Loan Scheme [CBLIS]. Celtic Holiday Parks hopes that new properties will allow it to better capitalise on rising staycation trends in the UK.
Huw Pendleton, managing director at Celtic Holiday Parks, said: “This season has been a very challenging time for holiday parks across the UK, made even more challenging with additional localised and Wales lockdowns when restrictions were eased, we did see a huge rise in demand for staycations. In order to meet this demand, we knew we needed to invest in the expansion of our holiday parks now more than ever.
“HSBC UK, in particular our relationship director Alex Loxton, has done a fantastic job in supporting us during this period and enabling us to re-open our doors to our wonderful guests who couldn’t wait to come back to their ‘happy place’,” he added.
Seaside locations have been some of the most popular choices for staycations, with the town of Tenby named the seventh most popular staycation destination in the UK by Airbnb. Celtic Holiday Parks was awarded the Best Caravan and Glamping in Wales at the National Tourism Awards in 2018.
Warren Lewis, head of corporate banking, HSBC UK, said: “Celtic Holiday Parks is one of the most well-known holiday park groups in Wales, with luxury facilities available in Pembrokeshire for everyone. After many critical months closed to the public, and subsequent localised lockdowns followed by the Wales fire-break closure, we look forward to seeing the parks open again very soon.”
The company is spread across three sites, Croft Country Park, Noble Court Holiday Park and Meadow House Holiday Park. Construction will include not only new holiday homes but also the creation of new dining and wellbeing facilities.