The Nation Caravan Council (NCC) is reporting high levels of activity and investment in the caravan industry.
The trade body made the statement following a merger between park operators Parkdean and Park Resorts. The move – approved in November – creates the largest park operator in the UK, with 73 sites, 1.8m customers and earnings before interest, taxes, depreciation and amortization (EBITDA) of £92m. The enterprise value is £960m.
Additionally, domestic tour operator Hoseasons has reported its fifth record summer in a row, while Haven has enjoyed pre-tax profits of £101.9m.
The buoyancy has also seen a rise in sales for caravan holiday home manufacturers. The upsurge is in turn fuelling investment in manufacturing facilities.
NCC director general John Lally said: “While it is fantastic to see interest from venture capitalists to grow the industry, investment in production methods and in product development, this remains a highly competitive market place.
“Competition for the leisure pound has never been stronger, with countries around the globe wooing holidaymakers.
“Nevertheless the Moving Annual Total (MAT) at the half-year point showed production across all caravan types up 12.5 per cent.
“The caravan market – from small manufacturers to huge park groups – has emerged from the recession invigorated, with a terrific product-offering and a bright future.”
This bright outlook is the kind that gets businesses thinking about the years to come. At Milsted Langdon we can help you not just make future plans but help you realise your ambitions, including expansion dreams. Whether you are looking to buy or sell amid the buoyant market, expert advice should be the first step. For more information about our services, please contact us.