Center Parcs is up for sale after owners put holiday resort chain on market

  • 📰 TheSun
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 61%

Business News News

Business Business Latest News,Business Business Headlines

THE popular holiday resort chain Center Parcs has been put up for sale for an eye-watering amount. The current owner, the Canadian private equity firm Brookfield, is hoping to raise between £4bn an…

The resorts have proved to be particularly popular with families as they feature a number of activities on-site, usually with the central attraction being an indoor waterpark and wooden cabins set in forests designed for cycling.in 2019 with Center Parcs Longford Forest, near the town of Ballymahon in County Longford.

Brookfield has appointed investment bankers to sound out potential buyers, including other private equity firms, according to the FT. Head of financial analysis at AJ Bell, Danni Hewson, said there still appeared to be strong demand for Center Parcs holidays for now, with holidaymakers currently switch from holidays abroad due to the

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 64. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

$70 Oil Creates Opportunity In Canadian Oil Stocks | OilPrice.comCanadian energy stocks have been dragged down by negative sentiment in oil markets, but many of these companies continue to generate ample cash flow, even with oil at $70
Source: OilandEnergy - 🏆 34. / 68 Read more »