ROYALEGROUP SET TO BUY EIGHT HAULFRYN PARKS
RoyaleGroup, the owners of RoyaleResorts one of the UK’s fastest growing resort providers, have agreed to buy eight holiday parks located in the South West of England and North Wales. The parks are being acquired from The Haulfryn Group, which will concentrate on the premium segment of the market, including its flagship site in Abersoch.
Completion of sale is expected towards the end of the year, from which time RoyaleGroup will acquire, Finlake Resort & Spa, Holmans Wood, and Dartmoor View – all of which sit on the edge of Dartmoor National Park; Devon Hills near Paignton; Brokerswood near Longleat; Praa Sands, close to Penzance in Cornwall and Gimblet Rock and Aberafon on the Llŷn Peninsula in North Wales. The parks have been purchased for an undisclosed sum.
RoyaleGroup has a heritage dating back three generations and oversees a number of companies including RoyaleResorts, which operates holiday, luxury lodge and adventure parks across the UK, as well as RoyaleLife, the UK’s largest bungalow provider.
RoyaleGroup’s Chief Operating Officer, Jason Williams, said: “The acquisition of these parks from The Haulfryn Group is a perfect fit as we continue to grow the RoyaleResorts brand, our holiday and leisure part of the business. They will widen RoyaleResort’s offering particularly in the South-West and give our customers an even bigger choice as they seek outstanding holidays in superb locations.”
Haulfryn will concentrate on the premium segment of the market and has been making significant investments into its Abersoch parks, which include its flagship site, The Warren Resort & Spa. Other holiday parks that will remain with Haulfryn are Tal Y fan, Crugan, Delamere Lake Sailing & Holiday Park and Edgeley Holiday Park, as well its residential parks.
Adrian Patten, CEO of Haulfryn, said: “As part of our strategic review, we have decided to move away from short-term holiday rentals and focus our attention on the premium owner market, for both holiday and residential homes. We are very much looking forward to what the future holds and are ready to make significant acquisitions to ensure the future success of the business. RoyaleGroup are at the forefront of the mass holiday and hire fleet market and will be an excellent home for our assets, teams, owners and customers. Haulfryn’s priority remains to deliver a first-class offering to all our valued holiday homeowners throughout this transition.”
