Home Business NewsBusiness Center Parcs up for sale

Center Parcs up for sale

by LLB Editor
16th May 23 9:02 am

Anyone who has ever tried to book a break at Center Parcs during the school holidays will know how popular these ‘villages’ really are. They offer families an action-packed alternative to a week in the Med, though often the price differential might not be quite as palatable as most parents would like.

During the pandemic Brits rushed to snap up sought after places but even with cash strapped families ditching the extra ‘staycation’ in favour of one holiday, it’s clear by the prices and availability that there’s still more than enough business to go around – so far.

AJ Bell’s Danni Henson said: “Although with Center Parcs private equity owner Brookfield said to be sticking up the for-sale signs the big question investors will be asking is can that demand continue? The UK economy has pretty much flat lined and living standards of those middle classes are set to be further eroded by rising mortgage costs.

“It will be quite the test, especially with the price tag said to be attached to the deal. But the travel sector has boomed despite concerns about the consumer and if some would be sun worshippers have to trade down, these well kitted out cabins in the woods could still be the perfect alternative.”


Leave a Comment

You may also like


Sign up to our daily news alerts

[ms-form id=1]