Yorkshire-based holiday home operator ‘up for sale’

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North Yorkshire-headquartered Park Leisure has reportedly been put on the market.

Sky News says it understands Midlothian Capital Partners, which is the private equity backer of Park Leisure, has asked Rothschild to field bids for the business.

Park Leisure owns 11 holiday-home resorts across the UK, including Oyster Bay in Cornwall and Ribble Valley in Lancashire.

It has enjoyed a surge in demand amid a boom in staycations fuelled by pandemic related overseas travel restrictions.

A number of other holiday park operators have changed hands this year, with the UK’s largest, Parkdean Resorts, expected to be sold in the coming months.

Park Holidays was recently sold to Sun Communities, a real estate investment trust, for £950m, while CVC Capital Partners acquired Away Resorts earlier this year.