Brexit Bounce Continues: Caravan and Holiday Parks Market Report 2018
Despite various negative pressures affecting the economy, all sectors of the parks industry appear to have enjoyed a strong year of trading in 2017.
Confidence amongst holiday and residential park operators remains high with many looking to expand and banks are again keen to lend to these cash generating freehold businesses. As a result, the market for the sale of parks remains strong, with a distinct shortage of supply in many sectors.
The majority of holiday park operators we spoke to during the latter part of the year, report strong trading results. Bearing in mind, 2016 was also considered to be a good season the results for most parks appear to be at least as good, or better, with some operators reporting provisional turnover figures up by as much as 10%.
Touring and tenting parks reported a slower start to the season, with a noticeable lack of foreign visitors in some parts of the country, possibly due to the knock-on effect of delays at the Channel crossings in 2016. However, visitor numbers appear to have picked up during the main summer months, with a very strong end to the season in September and October.
The Market Report includes a general economic background, market review, analysis of pitch values, along with inndustry news and a summary of the parks sold during 2017.