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Parkdean Holidays

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Parkdean Resorts
(PD Parks Holdings Limited group)
Company typePrivate Limited Company
IndustryLeisure / Holiday
Founded1999 (1999)
FateMerged with Park Resorts
SuccessorParkdean Resorts
HeadquartersNewcastle upon Tyne,
England
Number of locations
24 holiday parks in the UK
Key people
John Waterworth
Michael Wilmot
Judith Archibold
Ian Gill
Maggie Pavlou
Barry Gifford
ProductsSelf catering holiday parks
RevenueIncrease £142.59m (group, 2015) [1]
Increase £39.79m EBITDA (group, 2015) [1]
£4.96m (group, 2015) [1]
OwnerAlchemy Partners Nominees Ltd (65%) [1]
Number of employees
2,028
ParentPD Park Holdings Limited group
Websitewww.parkdeanholidays.co.uk

Parkdean Holidays was a self-catering holiday park operator with 24 sites in the UK: fifteen in South West of England, six in Scotland, two in South Wales and one in East Anglia. Parkdean offered a range of accommodation, including caravan holiday homes, lodges, cottages and apartments, which were available for short breaks and longer holidays throughout the year.

Parkdean Holidays merged with Park Resorts in 2016 to create Parkdean Resorts, operating 73 parks after the Vauxhall Holiday Park purchase

The entertainers, known as the Parkdean Troupers produced production shows across the 24 parks as part of the entertainment package. During the entertainment revamp of 2016/17 the Park Resorts Team Stars merged with the Parkdean Troupers to create the Parkdean Resorts Troupers. These troupers operated shows around 73 parks in 2017.

Parkdean was formed in November 1999 with a management buyout of Trecco Bay Holiday Park in Wales for £21.4 million, and has since grown through a buy and build strategy.

In 2015 the company was awarded "Best UK Holiday Park Operator" at the British Travel Awards, the sixth year in row Parkdean Holidays have won the award.[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. The head office in Newcastle was also opened this month

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.

In May 2003 White Acres and Sea Acres Holiday Parks in Cornwall were obtained for a combined £18.5 million.

In March 2004 Parkdean acquired 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.[3]

In 2015 Parkdean and Park Resorts merged to create 'Parkdean Resorts'.[4] Parkdean Resorts operates 72 holiday parks, serves 1.8 million customers, has 22,200 caravan owners, 35,400 pitches and sells 400,000 domestic holidays across their estate. The business continued to operate under two separate brands "Parkdean" and "Park Resorts" during 2016. The merger created the largest holiday park operator in the UK along with the purchase of "Vauxhall Holiday Park" in Great Yarmouth in 2016.[5]

In May 2016, the private equity owners of the business were reported to be considering a sale or stockmarket flotation once the final touches of the merger were completed. Banks were being shortlisted to help prepare the business for sale at a price that could be as high as £1.2 billion. [6]

Mascots

Sid and Lizzie were the 2 mascots of Parkdean. They sing, dance and help kids with their own minds. During the 2017 entertainment revamp, it was announced the Parkdean Resorts Troupers will be merging Sparky's Krew Club (Sparky, Sparkle and Naarky) with Sid and Lizzie to create the Starland Krew.

Holiday Parks

The following parks were operated by Parkdean Holidays.[7]

Cornwall

Newquay

Holywell Bay

Crantock Beach

St Minver

Sea Acres

White Acres

Mullion

Looe Bay

Devon

Challaborough Bay

Ruda

Torquay

Dorset

Warmwell

West Bay

Sandford

Hampshire

Hayling Island

Norfolk

Cherry Tree

Scotland

Grannie's Heilan' Hame

Nairn Lochloy

Tummel Valley

Wemyss Bay

Sundrum Castle

Southerness

Wales

Trecco Bay

Pendine Sands

References

  1. ^ a b c d PD Parks Holdings Limited, Annual report and financial statements 31 January 2015, approved 4 April 2015.
  2. ^ "2015 winners". britishtravelawards.com. Retrieved 2016-04-19.
  3. ^ "Parkdean Corporate | History". www.parkdeanltd.com. Retrieved 2016-04-19.
  4. ^ "Park Resorts in £1bn merger with Parkdean". The Independent. Retrieved 2016-04-19.
  5. ^ "Parkdean Corporate | News | Latest News". www.parkdeanltd.com. Retrieved 2016-04-19.
  6. ^ "Britain's largest caravan park company may soon be up for sale". www.business-sale.com. Retrieved 2016-05-15.
  7. ^ "Holiday Park Locations". Parkdean Holidays. Retrieved 20 March 2017. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)