Parkdean Holidays
Type | Private Limited Company |
---|---|
Industry | Leisure / Holiday |
Founded | 1999 |
Headquarters | Newcastle upon Tyne |
Number of locations | 24 holiday parks in the UK |
Key people |
John Waterworth Darrin Bamsey Michael Wilmot Judith Archibold |
Products | Self catering holiday parks |
Revenue | £119.07m (group, 2011) [1] |
Operating income | £32.06m EBITDA (group, 2011) [1] |
Profit | - £7.45m (group, 2011) [1] |
Total equity | - £46.86m (group, 2011) [1] |
Owner(s) | Alchemy Partners Nominees Ltd (65%) [1] |
Employees |
516 (full time) 1,068 (seasonal) [1] |
Parent | PD Park Holdings Limited group |
Website | www.parkdeanholidays.co.uk |
Parkdean Holidays is a UK focused self-catering Holiday Park operator with 24 sites : fifteen in the South West of England, six in Scotland, two in South Wales and one in Norfolk. It offers a range of accommodation, including caravan holiday homes, lodges, apartments and chalets, which are available for short breaks and longer holidays throughout the year.
It was established in November 1999 with a management buyout of Trecco Bay Holiday Park in Wales for £21.4 million, and works on a buy and build strategy.
In 2011 the company was awarded "Best UK Holiday Park Operator" for the second consecutive year.[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. This month also saw the opening of a central office in Newcastle.
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.
One year later in May 2003 White Acres and Sea Acres Holiday Parks in Cornwall were obtained for a combined £18.5 million.
March 2004 saw Parkdean Holidays buy 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.[citation needed]