Demand for camping, caravans and holiday parks remains strong in Europe, particularly in the key markets of the UK and France. Consumers are seeking more regular breaks, enjoy being closer to home, and value a safe, relaxing, outdoor family environment. The outdoor accommodation market is an attractive space for investors.
See our recent deals in the Camping, Caravans and Holiday Parks market including advising LDC-backed UK holiday park operator Away Resorts, on raising a significant debt facility and supporting its acquisition of Sandy Balls holiday village, and advising on the sale of European Camping Group to Homair Group backed by Carlyle Group.
The outdoor accommodation market remains one of the most popular holiday options for French people, while southern France also attracts many tourists from northern Europe. The UK outdoor accommodation market has also performed particularly well over recent years. On top of this, the ‘staycation’ trend has been a particularly influential factor in driving the market’s growth.
Major operators, backed by strong financial resources, are consolidating the market as they seek to control supply and distribution. This means independent operators, which have limited resources to make the investments needed to both update their sites and meet regulatory standards, are in a position of relative weakness as they compete with leading private groups.