Parkdean Holidays

Parkdean Holidays
(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
Darrin Bamsey
Michael Wilmot
Judith Archibold
Products Self catering & Half board
Revenue Increase £119.07m (group, 2011) [1]
Increase £32.06m EBITDA (group, 2011) [1]
Profit - £7.45m (group, 2011) [1]
Total equity - £46.86m (group, 2011) [1]
Owner Alchemy Partners Nominees Ltd (65%) [1]
Number of 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, flats and chalets, and even a house and a cottage near Ruda holiday park in Croyde, Devon. All are available for short breaks and longer holidays throughout the year.

Parkdean 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 2015 the company was awarded "Best UK Holiday Park Operator" at the British Travel Awards, meaning Parkdean Holidays have been award winners for six years in a row.[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.

In 2015 Parkdean and Park Resorts merged to create 'Parkdean Resorts'. Parkdean Resorts will operate 73 holiday parks. The companies will continue as two separate brands with the same owner company until the end of 2016. Both head offices will be in use throughout 2016.

References

  1. 1 2 3 4 5 6 PD Parks Holdings Ltd, Directors' report and financial statements 31 January 2011, approved 3 May 2011.
  2. "Our awards & achievements". Parkdean Holidays. Retrieved 5 January 2012.

External links

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