Riviera Bay Holiday Parks

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Riviera Bay Holiday Parks - overview

Location

Brixham, Devon, UK

Primary Industry

Travel & Leisure

About

Riviera Bay Holiday Parks operates as a leading provider of holiday park experiences in the UK, focusing on delivering diverse and memorable vacation options for families and groups across various beautiful landscapes. Riviera Bay Holiday Parks is part of Park Holidays UK, which specializes in managing family holiday parks across the United Kingdom. The company operates from its headquarters in Brixham, UK. It was acquired by Park Holidays, a portfolio company of Graphite Capital Management, in March 2008.


The CEO of Park Holidays UK is Jeff Sills. The company has completed one deal to date, with the most recent deal occurring on 9th February 2007. Park Holidays UK specializes in providing a diverse range of holiday experiences across more than 50 family holiday parks throughout the United Kingdom. The company’s core offerings include caravan holidays, lodges, camping, and touring options, catering to vacationers seeking coastal escapes, lakeside retreats, and countryside getaways.


Their parks are located in popular regions such as Cornwall, Suffolk, Wales, Yorkshire, and Scotland, showcasing the natural beauty of the UK. The accommodations range from centrally heated caravans and luxurious lodges to pet-friendly options and glamping experiences in camping pods, ensuring a varied selection for families and individuals alike. Park Holidays UK serves a broad customer base, including families, couples, and groups, all looking for memorable and affordable holiday experiences tailored to their specific needs. Park Holidays UK generates revenue primarily through direct bookings for holidays and ownership sales of static caravans and lodges.


Customers typically secure their holiday accommodations with a small deposit, followed by the payment of the remaining balance closer to their arrival date. The pricing structure includes breaks starting from GBP 129 and varies based on the type of accommodation and season. Additionally, revenue is derived from ownership transactions, where clients purchase holiday homes at selected parks, contributing to a community of holiday homeowners. These transactions are structured as direct-to-consumer sales, allowing customers to engage without intermediary retailers.


The company also offers promotions and seasonal sales, enhancing their value proposition and attracting a wider client base. Moving forward, Park Holidays UK is exploring opportunities to expand its offerings, including the potential launch of new holiday parks and enhanced accommodation options, although specific release dates have not been announced. The company aims to penetrate new geographic markets, although detailed regions have yet to be specified. The company plans to utilize insights from its most recent acquisition deal to inform their growth strategy, focusing on leveraging their strengthened portfolio to attract more visitors and increase holiday home ownership.


Current Investors

Park Holidays UK Ltd

Primary Industry

Travel & Leisure

Sub Industries

Hospitality Services, Travel & Tourism, Hotels & Accommodations

Website

www.parkholidays.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Riviera Bay Holiday Parks - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedRiviera Bay Holiday Parks-

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