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Losses widen at Haven rival Parkdean amid ‘challenging backdrop’
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News Archives - City AM
Losses widen at Haven rival Parkdean amid ‘challenging backdrop’Parkdean is the UK’s largest holiday park operator.
Holiday park operator Parkdean lost almost £150m during its latest financial year despite its revenue increasing over the same period, it has been confirmed.
Parkdean ‘well placed’ after investmentOn its future, Parkdean said: “With recovery of the macroeconomic environment proving slower than had been anticipated, 2024 saw a flat market for holiday sales and a challenging backdrop for holiday home sales.
The average number of people the owner of Haven employed during 2024 also rose from 12,765 to 13,338.
The Haven owner added that its capital expenditure totalled £188.8m in 2024, after it also spent £217.9m in the prior year.