Holiday park operator smashes targets with £28.4m turnover

HOLIDAY park operator Park Leisure, who have 11 holiday parks across the UK, has smashed targets, reaching £28.4m in turnover.

For the six months to June 30, turnover was up 56% on the same period last year.

The York-based company has announced operating profits of £3.4m in the same period, up 70% on last year.

The firm made a further investment this year, of £2.1m to improve facilities at each of their locations.

Gary Molloy, chief executive at Park Leisure, said: “The surge in popularity of caravanning and holidaying in the UK, as well as our recent acquisition and mass investment across the 11 sites, has meant we are able to boast our most successful year and a half to date.

“The acquisition of Plas Coch Holiday Homes was a major milestone for Park Leisure, helping us to achieve even bigger presence in the UK across a total of 11 sites.

“It provided a significant growth opportunity for the company as we continue to push industry boundaries, offering five star, premium holiday parks unlike anywhere else in the UK.”

Park Leisure had a “bumper” year in 2014, turning over £39.4m across its parks, and is expecting another successful year.

The firm acquired Plas Coch Holiday Homes in Anglesey for £15m, and combined the firms have 3,000 holiday homes across the UK.