Growth In Staycations Benefits Hoburne Holiday Parks
Pre-tax profit has grown at holiday park owner Hoburne with the company benefiting from a stronger UK travel industry post-Brexit as well as investment in its facilities.
The group operates seven holiday parks across Dorset, Hampshire, Devon, Somerset, the Cotswolds and Cornwall. It also offers static caravans and holiday lodges for sale at its sites.
According to recently filed accounts, pre-tax profit grew to £5.6m in the year ending 30 November 2016, up from £4.6m in 2015. Turnover also increased to £34.4m from £28.9m the year before.
Managing director Rod Tucker said: “We have had a strong financial performance over the past year in all areas of the business and have continued to re-invest into our holiday parks in-line with our brand values.
“With Brexit under way, seeing poorer exchange rates and increased holiday costs, the UK travel market is benefiting. Consumers are seeking more regular breaks closer to home, and value a safe, relaxing outdoor environment.”
During 2016 the company invested £6m in its parks with a further £7m in 2017. Improvements have included three new holiday home pitch developments at Hoburne Cotswold and at Hoburne Naish and Hoburne Bashley in Hampshire.
The company added:
“We continue to invest in our people and have introduced new health and safety systems, ensuring the welfare of both guests and staff.
“Investments will continue and we will continue to look for further opportunity to maintain our growth.”
For more information about Staycations email: enquiries@hoburne.com
