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Holiday & Caravan Park 2020 Market Report

Adam Burkinshaw / 7 Jan, 20

In a year of further uncertainty, it has inevitably been a challenging 12 months for the UK with the slowest economic growth since early 2009 recorded in the final quarter of the year. Despite Brexit-related uncertainties impacting businesses’ plans for spending and growth the holiday park sector has not been as affected as others with continued investment in park facilities and new developments.

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Despite the past year not living up to 2018 in terms of the weather many park operators have reported buoyant trading conditions throughout the summer with ‘staycations’ continuing to grow in popularity.

The UK continues to be an attractive and affordable destination for overseas visitors as sterling remains weak and offers good value against other currencies. This also drives UK residents to holiday at home, a continuing trend that remains a positive factor in the success of the holiday park market, which sees operators continue to adapt and invest in their park businesses to reap the rewards.

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Topics: BlogNews

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