UK 'staycation' resorts post £2.7bn turnover

The UK's top caravan, camping and holiday park companies reported a 9% surge in turnover last year amid renewed interest in 'staycations'.

Research published by commercial lender Ortus Secured Finance found that the UK’s 100 biggest camping grounds, recreational vehicle and trailer parks grew their turnover to £2.67bn in 2016.

This success could be further compounded by a post-Brexit reduction in the value of sterling, which has made holidays abroad even more expensive.

Jon Salisbury, managing director at Ortus, said: “Caravan, camping and holiday parks are going from strength to strength, combining value for money with high standard facilities to maximise the guest experience.

“The recession and the ensuing trend for ‘staycations’ gave holiday parks, camping and caravan sites access to an even broader customer base, and they have been building on this ever since.”

Jon suggested ‘glamping’ was partly responsible for the recent growth, with increasing demand for luxury add-ons such as wood-fired showers, pools and WiFi.

“Like many other businesses in the tourism, leisure and hospitality industries, operators need to commit to continued capital investment in order to maintain competitiveness and stay ahead of the game,” he added.

“Alternative sources of funding are playing a critical role here, enabling businesses to access the capex they need to deliver the high-quality facilities that many guests have come to expect.”

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