Parkdean Resorts

Last updated

Parkdean Resorts
Company type Private Limited Company
IndustryLeisure / Holiday
PredecessorParkdean Holidays
Park Resorts
FoundedNovember 2015
HeadquartersNewcastle upon Tyne
Number of locations
66 holiday parks in the UK [1]
Key people
Steve Richards (CEO) [2]
ProductsSelf catering holiday parks
Owner Onex Corporation
Number of employees
Over 9,000 in peak season [3]
Website parkdeanresorts.co.uk

Parkdean Resorts is a holiday park operator in the United Kingdom. It was formed in November 2015 through the merger of Parkdean Holidays and Park Resorts. [4] As of 2022 it operates 66 holiday parks across England, Scotland, and Wales, [1] [5] and is the largest holiday park operator in the UK. [6] [4] Parkdean invested £140 million into its parks in the UK in 2021 and 2022. [7]

Contents

History

Parkdean Holidays

Parkdean Holidays was formed in November 1999 via a management buyout of Trecco Bay Holiday Park in Porthcawl, South Wales. [8] [9] [10] In March 2006, Alchemy Partners purchased an 80% stake in the company, with the remaining 20% split between Parkdean Holidays' management. [11] In July 2007 Parkdean Holidays bought Weststar Holidays, which owned four holiday parks in South West England. [12] [13] [14] The company offered a range of accommodation, including caravan holiday homes, lodges, cottages, and apartments; it also had caravan and camping pitches at many locations. [15]

2015-current

In 2015, Parkdean Holidays merged with Park Resorts to create Parkdean Resorts. [16] [17] The new company continued to operate under its two brands, "Parkdean Holidays" and "Park Resorts", with dual head offices in Newcastle and Hemel Hempstead, throughout 2016 before launching a new website and rebranding all the parks as Parkdean Resorts. [18] [19] [16]

In December 2016, Canadian private equity company Onex Corporation purchased Parkdean Resorts from Epiris (formerly Electra Partners) [20] and Alchemy Partners for £1.35 billion. [21] The sale was completed in March 2017, and Onex Partners and certain co-investors made an equity investment of $627 million in the newly acquired company. [22]

In early 2017, Parkdean introduced the result of the merger's new mascots, known as The Starland Krew. The lineup consists of Sparky the rabbit, Sid the seagull, Lizzie the lizard, Sparkle the rabbit, Naarky the aardvark and Pipsqueak the mouse. Sparky, Sparkle, Naarky and Pipsqueak weren't redesigned as they were already redesigned in 2014, however Sid and Lizzie were redesigned for the new group formation.

In June 2019, John Waterworth, who had been the CEO of Parkdean Holidays and then Parkdean Resorts for nearly 20 years, retired. Steve Richards, then CEO of Casual Dining Group, became CEO of Parkdean Resorts. [23]

As of early 2020, Parkdean Resorts had 20,000 owners of on-site private caravans and lodges, and in its previous peak season of August 2019 had 120,000 people staying at its parks attended by 8,000 employees. [24]

During the COVID-19 pandemic in the United Kingdom, Parkdean was criticized for not shutting down its travel parks during a time when the government was advising citizens to avoid non-essential travel. On 20 March 2020, Parkdean shut down all restaurants, pools, and other facilities in response to a nationwide Government order. [25]

At the time, Parkdean stated to the press that the caravans are standalone and separate from each other with 70% privately owned, saying there is "no instruction or logic to evicting people who are enjoying the fresh air in their own space." [26] People in multiple locations concerned that the parks staying open would place pressure on sparsely populated areas that are already struggling to obtain food supplies [27] and that it would further spread the virus from metropolitan areas to remote rural areas that were poorly equipped to deal with it. [28] [29] On 23 March 2020, when the UK government announced a nationwide lockdown, the company closed its parks to the public, and announced plans to re-open to the public on 6 July. [30]

In 2021 and 2022, Parkdean announced a number of park investments, for a total of £140 million. The investment plan included "850 new caravans and lodges," and developments at 16 parks. At the time, Parkdean said advance bookings were at "record levels" and that it was recruiting over 7,000 seasonal workers. [7]

In the spring of 2021, Parkdean announced it would hire 6,500 seasonal staff for the summer. [31] [32] In early 2022, 13 different parks underwent some form of development, [33] with Parkdean continuing to partner with brands such as Bear Grylls’ Survival Academy, Milkshake! and Nickelodeon. [7] With its head office in Gosforth, Newcastle, [7] Parkdean has 66 parks [1] and a reported 3 million visitors per year. [34] The company's holiday resorts include caravans, lodges, cabins, glamping and camping over 3,500 acres of land [31] and 31,000 camping pitches. [34]

In May 2025, it was announced that the company was seeking to fundraise £250 million to grow its footprint in the UK. [35]

Holiday parks and resorts

There are, as of 2022, 66 Parkdean Resorts located across the United Kingdom. [1]

Current holiday parks and resorts

Logos

References

  1. 1 2 3 4 "About Us - Main Website," Parkdean, 2022.
  2. "Our People". Parkdean-Resorts.com. Retrieved 12 October 2020.
  3. Blade, Michelle. "CORONAVIRUS: Heysham caravan park donates food to Morecambe Bay Foodbank". Lancaster Guardian. Retrieved 13 September 2022.
  4. 1 2 Martin, Ben (1 September 2015). "Park Resorts merges with rival to create caravan parks giant". The Telegraph . Retrieved 10 October 2020.
  5. "Parkdean Resorts". ParkdeanResorts.co.uk. Retrieved 10 October 2020.
  6. Trewhela, Lee (20 February 2020). "UK's largest holiday park operator Parkdean Resorts to spend £6.6million in Cornwall". Cornwall Live. Retrieved 10 October 2020.
  7. 1 2 3 4 Ford, Coreena. "Parkdean Resorts to invest £140m across UK parks ahead of record holiday season". BusinessLive Chronicle and Journal. Retrieved 31 August 2022.
  8. Venes, Robert (25 April 2006). "Alchemy to buy Parkdean for £135m". Infrastructure Investor. Retrieved 10 October 2020.
  9. Davies, Phil (6 October 2015). "John Waterworth to head up combined Parkdean/Park Resorts business". Travel Weekly. Retrieved 10 October 2020.
  10. "Parkdean set to expand further". WalesOnline . 24 September 2003. Retrieved 10 October 2020.
  11. "Alchemy turns Parkdean purchase into a reality". The Journal . 23 March 2006. Archived from the original on 18 October 2016. Retrieved 10 October 2020.
  12. "History". ParkdeanLtd.com. Archived from the original on 15 May 2015.
  13. Harrington, Ben (19 July 2007). "Dragons' Den star in caravan fortune". The Telegraph . Retrieved 10 October 2020.
  14. "Parkdean invests as losses narrow". Insider Media. 10 September 2012. Retrieved 10 October 2020.
  15. "About Us". Parkdean Holidays. Archived from the original on 7 September 2015.
  16. 1 2 Kollewe, Julia (1 September 2015). "Park Resorts merges with rival to create Britain's biggest holiday park firm". The Guardian . Retrieved 12 October 2020.
  17. Jameson, Angela (2 September 2015). "Park Resorts in £1bn merger with Parkdean" . The Independent . Archived from the original on 25 May 2022. Retrieved 10 October 2020.
  18. Cowie, Alison (11 November 2015). "£960 million Parkdean Resorts merger completed". North East Times. Retrieved 10 October 2020.
  19. "Parkdean Resorts". FastTrack.co.uk. Sunday Times Top Track 250. 2016. Retrieved 12 October 2020.
  20. "Our history and name". Epiris.co.uk. Retrieved 12 October 2020.
  21. McGoogan, Cara (17 December 2016). "Caravan giant Parkdean sold to Canadian Onex for £1.35bn". The Telegraph . Retrieved 12 October 2020.
  22. "Onex Completes Acquisition of Parkdean Resorts". GlobeNewswire . 3 March 2017. Retrieved 12 October 2020.
  23. Manning, Jonathon (4 March 2019). "Parkdean Resorts CEO John Waterworth to retire in summer". Chronicle Live . Retrieved 10 October 2020.
  24. Walsh, Dominic (17 February 2020). "Parkdean Resorts: Park life adds Bear Grylls to mix for all the people". The Times . Retrieved 23 June 2021.
  25. "Coronavirus". Parkdean Resorts. Retrieved 21 March 2020.
  26. "Cornwall holiday parks and cottages slammed for staying open". Cornwall Live. 21 March 2020. Retrieved 21 March 2020.
  27. "Cornwall holiday parks and cottages slammed for staying open". Devon Live. 21 March 2020. Retrieved 21 March 2020.
  28. "Parkdean in firing line as it's 'business as usual' at its Embo holiday resort despite coronavirus". Northern Times. 20 March 2020. Retrieved 21 March 2020.
  29. "Cornwall holiday parks and cottages slammed for staying open". Plymouth Herald. 21 March 2020. Retrieved 21 March 2020.
  30. "Parkdean Resorts holidays open: When will Parkdean open again?". Express. 18 May 2020. Retrieved 26 May 2020.
  31. 1 2 "Parkdean Resorts recruiting for 6,500 seasonal jobs". 4 May 2021.
  32. "Parkdean Resorts creates 550 new jobs as Kickstart scheme relaunches". 24 January 2022.
  33. "Parkdean Resorts will create 7,000 new roles with some in Wales". 6 April 2022.
  34. 1 2 "Jobs boost for Leeds as holiday park operator Parkdean Resorts expands its digital and IT team in city". 18 February 2022.
  35. Newman, Jessica (25 May 2025). "Parkdean eyes £250m fundraiser to cash in on staycations boom". www.thetimes.com. Retrieved 26 May 2025.