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Limerston Capital buys Largo Leisure to tap into staycation demand
Reading Time: 2 minutesUK: Private equity firm Limerston Capital has announced the acquisition of Fife-based holiday site operator Largo Leisure.
Sun Communities closes £950m acquisition of Park Holidays UK
Reading Time: 2 minutesUK: US-based real estate investment trust [REIT] Sun Communities has officially closed the planned £950 million acquisition of British holiday park group Park Holidays UK.
Park Leisure sold to Sun Communities in £182m deal
Reading Time: 2 minutesUK: Premium holiday park operator Park Leisure has been sold to US-based real estate investment trust [REIT] Sun Communities for an enterprise value of £182 million.
Blackstone eyes bid for Parkdean Resorts to add to brand portfolio
Reading Time: 2 minutesUK: American alternative asset manager Blackstone is reported to be weighing up a bid for UK-based holiday park group Parkdean Resorts to add to its portfolio
Cove Communities buys Argyll Holidays for undisclosed sum
Reading Time: < 1 minuteUK: US-based international resort operator Cove Communities has bought Scottish holiday park chain Argyll Holidays for an undisclosed sum.
Campsite booking platform JetCamp secures €500k in funding
Reading Time: 2 minutesNetherlands: Delft-based online camping guide JetCamp, which lists campsites and holiday parks for bookings, has announced that it has raised €500,000 in investment to accelerate its growth in the European camping market, currently valued at €5 billion. Hotel and apartment operator and tourism product developer, Falkenstein Michaeler Tourism Group [FMTG], and Cunningham Holding led the […]
Away Resorts acquires Coppergreen Leisure Resorts
Reading Time: 2 minutesUK: UK holiday park operator Away Resorts is continuing to grow its domestic portfolio after announcing the acquisition of Sheffield-based Coppergreen Leisure Resorts. It follows Away’s purchase of Aria Resorts from investment firm Angelo Gordon in August, with the two companies agreeing to a merger that would create a new “£600 million staycation powerhouse” driven […]
Holiday parks to house homeless people in Cornwall
Reading Time: 2 minutesUK: Cornwall Council is to buy two unnamed holiday parks in the county that will house homeless people and families, as part of a £15 million package of measures to increase the amount of temporary accommodation amid the housing shortage. According to the BBC, the two parks are located in the Hayle and Helston areas, […]
CVC invests £250m in Away Resorts
Reading Time: 2 minutesUK: Private equity firm CVC Capital Partners has invested £250 million in UK holiday park operator Away Resorts to secure a majority stake in the business. According to sources close to the transaction, the investment is close to four times the amount invested by buyout firm Freshstream in 2019. Away Resorts founder and chief executive, […]
Roompot to acquire Landal GreenParks
Reading Time: 2 minutesEU: About 100 holiday parks under the Landal GreenParks name is to be sold by Awaze to Roompot for an undisclosed sum. Awaze has reached a ‘definitive agreement’ on the sale of its Landal GreenParks portfolio, comprising around 100 holiday parks across Belgium, Denmark, Germany, the UK, Hungary, The Netherlands, Austria, the Czech Republic and […]