WINTER 2018 • SPOTLIGHT • 13
Whether replacing existing investment or taking control of privately owned groups, new investors are generally driven to increase scale and a highly fragmented holiday parks market is the perfect platform from which to do this. They are attracted by asset backed trading entities for which supply is constrained by restrictive planning policies, making them relatively secure investments.
Economic factors are supportive of the UK self-catering market and holiday parks in particular at present, with Sterling deprecation making holidaying abroad poor value, stimulating domestic tourism. Other contributing factors include concerns relating to security, airport fatigue and reduced confidence in travel companies, as well as an increased trend for multiple short-breaks rather
than the traditional summer holiday. Statistics compiled by Visit Britain suggest a mature domestic tourism market and the year to May 2018 has been positive, aligned to some favourable weather; trips are up 5%, nights are up 6% and spend is up 8%.
As well as stimulating domestic tourism, amongst other factors, Sterling deflation has served to encourage inbound tourism. Visit Britain statistics indicate that, after several years of growth since 2010, the number of visits grew 4% to a record 39.2 million in 2017 and the value of spending increased 9% to £24.5 billion. Visit Britain forecast continued growth in 2018 with a 4.4% increase in visits and a 7.1% increase in spending.
Private Equity Investment
TRANSACTIONS RANGING FROM
£40m to £360m Overseas Investment ACQUIRED FOR £2.4bn FOR
£1.35bn ACQUIRED
UK holiday parks owned by private individuals and small groups
85%
South West of England holiday parks are privately owned
83% Colliers International
South Wales holiday parks are
82% privately owned
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40
