:
First Scotland site plan unveiled for £350m Center Parcs resort
Reading Time: 2 minutesUK: Holiday village chain Center Parcs has unveiled initial plans to open its first site in Scotland.
2023 Wrapped: The STRz stories that defined a year
Reading Time: 8 minutesWorldwide: As we approach the end of 2023, we revisit the 20 stories that defined a year for short-term rentals, as well as our favourite video, podcast and webinar from the last 12 months.
Brookfield reportedly scraps £4bn-plus Center Parcs sale
Reading Time: 2 minutesUK: Canadian private equity firm Brookfield has scrapped plans to sell holiday village chain Center Parcs in a £4 billion-plus transaction due to high interest rates and inflation.
Brookfield ponders consortium to conclude Center Parcs sale
Reading Time: 2 minutesUK: Canadian private equity firm Brookfield, which owns Center Parcs, is believed to be trying to build a consortium from the remaining bidders to secure a sale of the holiday resort chain following a lengthy offer and negotiation process.
Center Parcs revisits plans for sixth UK holiday village
Reading Time: 2 minutesUK: Holiday village chain Center Parcs has revealed it is revisiting plans to operate a sixth site in the UK, despite the company’s ongoing sale process.
Race to acquire Center Parcs heats up before offer deadline
Reading Time: 2 minutesUK / Ireland: The race to acquire holiday village chain Center Parcs and its UK & Ireland sites is heating up as new bidders prepare to submit indicative offers ahead of an initial deadline on Tuesday [20 June].
CVC set to enter bidding to acquire Center Parcs
Reading Time: < 1 minuteUK: Private equity firm CVC Capital Partners is set to enter the bidding to buy holiday village company Center Parcs and its UK & Ireland sites, less than a month after the business was put up for sale by Canadian private equity group Brookfield for a figure between £4 billion and £5 billion.
Center Parcs put up for £4-5bn sale by Brookfield
Reading Time: 2 minutesUK: Holiday village company Center Parcs has been put up for sale by Canadian private equity group Brookfield for a figure between £4 billion and £5 billion, people familiar with the matter told The Financial Times.
Center Parcs scraps plan to build new holiday park in West Sussex
Reading Time: 2 minutesUK: Holiday village company Center Parcs has scrapped plans to build a new holiday park in the UK.
Hospitality brand PR strategies for crisis management
Reading Time: 4 minutesWorldwide: STRz speaks to four PR experts in the travel industry to understand how travel and hospitality brands should craft their PR strategies at the time of a crisis.