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www.leisureopportunities.co.uk Pontin’s acquired by hotel group
peTe hayman
KPMG has confirmed that it has agreed a deal with the Britannia Hotel Group to sell holiday park operator Pontin’s as a going concern. Jane Moriarty, David
Costley-Wood and Rob Croxen were appointed joint administrators of the Pontin’s business in November last year after it encountered financial difficulties. Britannia will now take
over Pontin’s five holiday parks – Prestatyn Sands in North Wales; Brean Sands, Somerset; Pakefield, Suffolk; Southport; and Camber Sands, West Sussex. Te sale of the business will also help to safe-
Pontin’s future is looking brighter aſter being bought by the hotel group Britannia’s Alex Langsam said: “Our plans
guard 850 jobs and it is hoped that Pontin’s long-term future will now be secure.
will take shape without delay as we look towards developing a bright future whilst retaining the best traditions of the past.”
Government draws up Tote bidder shortlist peTe hayman
Te government has confirmed that a “selected number” of bidders will go forward to the next stage of the Tote sale process. Tourism minister John Penrose said that 18 indicative proposals had been received, but has
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refused to reveal the identities of the bidders or those that have been shortlisted. A further update on the sale of the Tote is
due to be given to the House of Commons in the spring, aſter it receives more detailed infor- mation from the shortlisted parties.
Go ape eyes US and australia move Tom walker
Adventure Forest, which owns and operates the Go Ape brand of treetop adventures, has secured a loan deal with Clydesdale Bank which is designed to allow it to add to its sin- gle US site and expand into Australia. Te company, which currently has 26 Go
Ape courses around the UK and a single site in Washington, US, has also announced plans to expand its UK portfolio to 40 sites by 2012. Go Ape hopes to open three new courses
in the US, while planning permission is now being sought for a first site in Australia, with plans for a further 15 in the pipeline. Te Go Ape business is owned by ex-army
officer Tristram Mayhew, who launched the venture with his wife Rebecca in 2002. Paul Rossiter, financial director of Adventure Forest, said: “Our aim is to expand to 70
24 Go Ape is looking to grow into Australia and the US
courses in the United States and we have entered into an agreement with an American business partner to that end. “In Australia, we are seeking planning per-
mission for our first course and are looking to have 15 or so in all,” he added.
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Twitter: @leisureopps © CYBERTREK 2011
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