Latest
issue
GET SPA BUSINESS
magazine
Yes! Send me the FREE digital editions of Spa Business and Spa Business insider magazines and the FREE weekly Spa Business and Spa Business insider ezines and breaking news alerts!
Not right now, thanksclose this window
Uniting the world of spa & wellness
Get Spa Business and Spa Business insider digital magazines FREE
Sign up here ▸
News   Features   Products   Company profilesProfiles   Magazine   Handbook   Advertise    Subscribe  
NEWS
Center Parcs UK put up for sale with a price tag of £5bn
POSTED 17 May 2023 . BY Tom Walker
Center Parcs made a £66m profit in the year to April 2022 Credit: Center Parcs
Center Parcs UK and its six holiday villages have been put up for sale
The business is owned by Canadian private equity firm, Brookfield
Brookfield is believed to be looking for around £4bn-£5bn for the business
Center Parcs UK operates five holiday villages in England and one in Ireland
Center Parcs UK and its six holiday villages have been put up for sale by its Canadian owner, Brookfield.

The private equity group – which specialises in property and renewable power – is believed to be looking for around £4bn-£5bn for the business, which it acquired from US-based private equity group, Blackstone, in 2015 for £2.4bn.

Brookfield's plans to sell the business come at a time when interest rates are expected to increase even further – which could put some investors off.

However, according to the Financial Times, the sale is believed to include around £2bn in existing debt, which could make a deal easier – as raising new financing could be difficult on the current climate.

According to its latest full-year results, Center Parcs' sales quadrupled to £503m in the year to April 2022, compared with the pandemic-affected year before. EBITDA was £245.6m.

Center Parcs opened its first UK park, Sherwood Forest in Nottinghamshire, in 1987, before opening new sites at Elveden Forest, Longleat Forest, Whinfell Forest and Woburn Forest.

In 2019, it opened its first village in Ireland at the Longford Forest near Ballymahon in County Longford, adding to its five English sites.

In 2021, Center Parcs announced plans to develop a seventh site in Southern England. The company had secured an option to acquire 553 acres of privately owned woodland in West Sussex, but pulled out of the deal due to environmental concerns.
RELATED STORIES
  Center Parcs announces plans for sixth UK holiday village


Center Parcs is set to develop its sixth UK holiday village in Southern England.
  Aqua Sana relaunches Longleat Forest spa after £6m investment


The Aqua Sana spa at Center Parcs Longleat Forest, UK has relaunched with a new name and concept following a £6m refurbishment.
  Ireland's first forest spa to open at Center Parcs Longford Forest


Ireland's first Forest Spa, the Aqua Sana Spa, is set to open at the upcoming Center Parcs Longford Forest resort in Ballymahon, Ireland.
MORE NEWS
World leaders gather at luxury Italian wellness retreat Borgo Egnazia for G7 Summit
The 2024 G7 Summit is now underway at a destination spa resort in Puglia, Italy, with leaders from Canada, France, Germany, Italy, Japan, the UK and the US convening to address some of the world’s most urgent issues.
Minor devises new medi-wellness concept for Anantara, debuting in Phuket in Q3
Minor Hotels CEO Dillip Rajakarier has unveiled plans to introduce an innovative medi-wellness concept to the group's Anantara Hotels, Resorts and Spas brand, with ambitions to expand the concept to additional resorts in the future.
Global Wellness Day 2024 shatters records as 1 billion people unite for wellness and nature
Global Wellness Day (GWD) marked its 13th anniversary on Saturday, 8 June and was reportedly celebrated by a record-breaking 1 billion people worldwide, making it the most successful year yet.
Deepak Chopra-backed wellness resort Ameyalli to open among historic Utah hot springs
Wellness industry figure Deepak Chopra is co-developing a new wellness community and resort focused on wellbeing and longevity in Utah’s Heber Valley, centred around natural geothermal springs.
+ More news   

FEATURED SUPPLIERS

Embrace the chill: TechnoAlpin's Snowsky revolutionises post-fitness recovery with falling snow
In the fast-paced world of fitness and wellness, where high-intensity workouts push us to our limits and the sweat pours, the importance of efficient recovery cannot be overstated. [more...]

Swissline’s face-saving summer solutions for oily, acne-prone skin
During the summer, hot and humid weather and pollution can activate excess sebum production, leading to clogged pores and acne. [more...]
+ More featured suppliers  
COMPANY PROFILES
Sothys Paris

Founded in 1946, Sothys is owned by the Mas family. Chief executive Christian Mas oversees the com [more...]
Kemitron GmbH

Our portfolio is divided into four product areas; Technology, Fragrances, Disinfectant and Cleaners [more...]
+ More profiles  
CATALOGUE GALLERY
 

+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

22-22 Jun 2024

World Bathing Day

Worldwide,
22-24 Jun 2024

IECSC Las Vegas

Las Vegas Convention Center, Las Vegas, United States
+ More diary  
 
ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
 
SPA BUSINESS
SPA OPPORTUNITIES
SPA BUSINESS HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024
Uniting the world of spa & wellness
Get Spa Business and Spa Business insider digital magazines FREE
Sign up here ▸
News   Products   Magazine   Subscribe
NEWS
Center Parcs UK put up for sale with a price tag of £5bn
POSTED 17 May 2023 . BY Tom Walker
Center Parcs made a £66m profit in the year to April 2022 Credit: Center Parcs
Center Parcs UK and its six holiday villages have been put up for sale
The business is owned by Canadian private equity firm, Brookfield
Brookfield is believed to be looking for around £4bn-£5bn for the business
Center Parcs UK operates five holiday villages in England and one in Ireland
Center Parcs UK and its six holiday villages have been put up for sale by its Canadian owner, Brookfield.

The private equity group – which specialises in property and renewable power – is believed to be looking for around £4bn-£5bn for the business, which it acquired from US-based private equity group, Blackstone, in 2015 for £2.4bn.

Brookfield's plans to sell the business come at a time when interest rates are expected to increase even further – which could put some investors off.

However, according to the Financial Times, the sale is believed to include around £2bn in existing debt, which could make a deal easier – as raising new financing could be difficult on the current climate.

According to its latest full-year results, Center Parcs' sales quadrupled to £503m in the year to April 2022, compared with the pandemic-affected year before. EBITDA was £245.6m.

Center Parcs opened its first UK park, Sherwood Forest in Nottinghamshire, in 1987, before opening new sites at Elveden Forest, Longleat Forest, Whinfell Forest and Woburn Forest.

In 2019, it opened its first village in Ireland at the Longford Forest near Ballymahon in County Longford, adding to its five English sites.

In 2021, Center Parcs announced plans to develop a seventh site in Southern England. The company had secured an option to acquire 553 acres of privately owned woodland in West Sussex, but pulled out of the deal due to environmental concerns.
RELATED STORIES
Center Parcs announces plans for sixth UK holiday village


Center Parcs is set to develop its sixth UK holiday village in Southern England.
Aqua Sana relaunches Longleat Forest spa after £6m investment


The Aqua Sana spa at Center Parcs Longleat Forest, UK has relaunched with a new name and concept following a £6m refurbishment.
Ireland's first forest spa to open at Center Parcs Longford Forest


Ireland's first Forest Spa, the Aqua Sana Spa, is set to open at the upcoming Center Parcs Longford Forest resort in Ballymahon, Ireland.
MORE NEWS
World leaders gather at luxury Italian wellness retreat Borgo Egnazia for G7 Summit
The 2024 G7 Summit is now underway at a destination spa resort in Puglia, Italy, with leaders from Canada, France, Germany, Italy, Japan, the UK and the US convening to address some of the world’s most urgent issues.
Minor devises new medi-wellness concept for Anantara, debuting in Phuket in Q3
Minor Hotels CEO Dillip Rajakarier has unveiled plans to introduce an innovative medi-wellness concept to the group's Anantara Hotels, Resorts and Spas brand, with ambitions to expand the concept to additional resorts in the future.
Global Wellness Day 2024 shatters records as 1 billion people unite for wellness and nature
Global Wellness Day (GWD) marked its 13th anniversary on Saturday, 8 June and was reportedly celebrated by a record-breaking 1 billion people worldwide, making it the most successful year yet.
Deepak Chopra-backed wellness resort Ameyalli to open among historic Utah hot springs
Wellness industry figure Deepak Chopra is co-developing a new wellness community and resort focused on wellbeing and longevity in Utah’s Heber Valley, centred around natural geothermal springs.
László Puczkó joins Ensana as senior health spa advisor
European health spa operator Ensana has announced the strategic appointment of Dr László Puczkó as senior health spa advisor.
EU funds Great Spa Towns of Europe youth project to foster intercultural dialogue among spa towns
The Great Spa Towns of Europe (GSTE) has announced the successful approval of its funding application under the European Town Twinning Programme. This funding will support a year- long project named INTERSPACE, aimed at fostering intercultural dialogue among communities within the GSTE network.
+ More news   
 
FEATURED SUPPLIERS

Embrace the chill: TechnoAlpin's Snowsky revolutionises post-fitness recovery with falling snow
In the fast-paced world of fitness and wellness, where high-intensity workouts push us to our limits and the sweat pours, the importance of efficient recovery cannot be overstated. [more...]

Swissline’s face-saving summer solutions for oily, acne-prone skin
During the summer, hot and humid weather and pollution can activate excess sebum production, leading to clogged pores and acne. [more...]
+ More featured suppliers  
COMPANY PROFILES
Sothys Paris

Founded in 1946, Sothys is owned by the Mas family. Chief executive Christian Mas oversees the com [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

22-22 Jun 2024

World Bathing Day

Worldwide,
22-24 Jun 2024

IECSC Las Vegas

Las Vegas Convention Center, Las Vegas, United States
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS