Park Resorts
Company logo
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| Private Limited Company | |
| Industry | Holiday / Caravan Parks |
| Fate | Merged with Parkdean Holidays |
| Successor | Parkdean Resorts |
| Founded | 8 March 2001 |
| Founder | DF Vaughan, A Castledine, RJ Sewell |
| Headquarters |
Hemel Hempstead (administrative head office); London (group registered office) |
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Number of locations
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48 Caravan Parks in UK |
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Key people
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John Waterworth Martin Robinson Ian Gill Mark Harper Judith Archibold Maggie Pavlou |
| Products | Caravan Parks Caravan Sales On site retail services |
| Revenue |
 £169.25m (2014) |
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£21.31m (2014) |
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| Profit |
 -£5.02m (2014) |
| Owner | Electra Partners, GI Partners Fund II LLP (USA) via Dome Finance Sarl |
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Number of employees
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1960 |
| Parent | Dome Holdings Ltd |
| Subsidiaries | Park Resorts Transport Ltd |
| Website | www |
Park Resorts was a holiday park operator with 48 holiday parks located across the UK.
Holiday parks were mainly located at or near to the seaside, chiefly on the south and east coasts of England, but also extending to Scotland, Wales and the Isle of Wight; as well as in the Lake District - following the acquisition of South Lakeland Parks. Income was generated from rentals of static holiday caravans and touring pitches, alongside caravan and holiday home sales and on-site retail.
Park Resorts employed over 3,500 people during the peak holiday season, including the support team at their head office in Hemel Hempstead, Hertfordshire. Park Resorts had over 16,000 caravan or holiday home owners and over 1 million holidaymakers visited their parks each year.
In 2015, Park Resorts merged with Parkdean Holidays, another UK holiday park operator. The two companies merged to form Parkdean Resorts and now operate 73 holiday parks across the UK after acquiring Vauxhall Holiday Park in Great Yarmouth. Park Resorts and Parkdean operated separately throughout 2016 but a new website has been launched for the new company. The parks have now been rebranded as Parkdean Resorts.
Park Resorts was created in March 2001 when CBPE (Close Brothers Private Equity), in partnership with a management buyout team of three led by David Vaughan, purchased twelve Haven freehold caravan parks from Bourne Leisure Ltd. The deal was finalised in May 2001 at a reported cost of £46m.
In December 2004 Park Resorts was sold to ABN AMRO Capital for £165 million, and its activities were merged with the GB Holiday Parks business (itself bought by ABN AMRO for £105m just one month previously) to form the second-largest caravan park operator in the UK. The name 'Park Resorts' was retained as the company name and brand title.
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Wikipedia