EDITOR'S COMMENT
• If recent investments are anything to go by, holiday parks are certainly catching the eyes of investors, as illustrated by US-based REIT Sun Communities' upcoming purchase of Park Holidays UK for a rumoured £950 million sum.
Holiday parks and resorts are an increasingly appealing asset class as they represent an opportunity to collect regular income. Their growing popularity coincides with the pandemic-induced staycation boom.
More and more institutional investors have spotted the potential for mass consolidation across the holiday park sector, particularly in the UK, where the market is so fragmented with a number of local players now looking to sell. That has seen the likes of Blackstone, PAI Partners, CVC Capital Partners and KKR buy Bourne Leisure, European Camping Group, Away Resorts and Roompot respectively, while Newcastle-based Parkdean Resorts has been put up for sale for £1.5 billion, intimating that there is scope for even more investment.
• Make sure to join us for the latest no-cost RockSTRz webinar this Tuesday 23 November [4pm GMT] on "Appealing to Gen Z / millennial travellers"
, when we'll be discussing everything from regenerative travel, to harnessing work-from-anywhere trends and how social media is affecting our travel choices. Click here to register for this session.
And you can also now sign up for the remaining STRz webinars of 2021:
- Tuesday 30 November [4pm GMT]: "Where do the OTAs go next?"
- Tuesday 7 December [4pm GMT]:
"Trendsetters" webinar
Please
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