News & insight

Robust return for holiday & caravan park market as demand for UK holidays surges

Adam Burkinshaw / 30 Jun, 20

We have all experienced and continue to experience unprecedented times as a result of the Covid-19 pandemic although the recent Government announcements will no doubt be well received across the sector and we look forward to supporting all clients and parks as they commence with re-opening in line with Government guidelines and advice.

Sector activity undoubtedly slowed with the lockdown as holiday parks were ordered to close with operators primarily focusing on their own business and ensuring they explore and utilise all of the Government support offered to such businesses.

Many pro-active operators and park businesses have taken the opportunity to commence new developments or refurbishments on park that would ordinarily have waited for the quieter winter months, seeing a welcome change laying new bases in the sunshine as opposed to avoiding the rain!  Operators have continued to maintain the parks and infrastructure in order to be ready and waiting to welcome customers back as soon as they are able to do so.

Whilst many caravan park sales that were agreed pre-Covid-19 have been temporarily delayed, awaiting the easing of lockdown measures and certainty on timetables for re-opening, Sanderson Weatherall are delighted to have completed the sale of 4 parks during lockdown, with two more sales set to complete imminently, and two confidential park listings that have been placed under offer in the last 3 weeks.

Encouragingly further the recent Government advice on parks reopening we have also been able to re-engage with purchasers of parks where sales have been temporarily delayed in order to re-engage and progress the transactions.

“We have heard much talk and speculation of a ‘Covid bounce’ post lockdown and whilst it is really too early to predict, there are many encouraging indicators. 

Demand for holidays in the UK shows no sign of abating and there will undoubtedly be a decrease in demand for foreign travel in the short and medium term which creates a superb opportunity for the UK holiday market.”

Adam Burkinshaw - Head of SW Holiday & Caravan Parks

Many operators are already reporting strong demand and bookings for holidays in July and August, those with hire fleet units well placed to benefit.  In addition to this many of the cancelled holidays from 2020 have already re-booked for next year providing a longer term pipeline of bookings for these businesses.

The reopening of caravans sales grounds in June has also led to a robust return of caravan sales for many operators with caravan purchasers looking ahead, to ensure they are in a position to make use of their holiday home this summer.

Despite the challenges faced by all in the industry over the last 3 months, we have again witnessed and experienced the robustness of the sector, its ability to ride out challenging economic events, to evolve and to identify new opportunities from such times.

Get in touch

We continue to be here to support you and if you would like to discuss your park business or a possible disposal, in strictest confidence, we would be delighted to hear from you.

North Holiday & Caravan Park Sales & Valuation

Adam Burkinshaw

William Reynolds

South Holiday & Caravan Park Sales & Valuation

Andrew Bagnell

Lee Southan

 

Topics: News

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