West Wales holiday park firm, Leisure Escapes, has acquired its third park supported by a seven-figure funding package from HSBC 海角视频.
The family-run business has acquired the Caerfelin Holiday Park in Aberporth. The 11-acre park is home to 100 caravans.
Tomas Davies, director of Leisure Escapes, said: 鈥淭he last year has been extremely turbulent for the hospitality and tourism industry so acquiring our third park, with the support of HSBC 海角视频 led by relationship director, Simon Williams, underlines our commitment to providing high quality accommodation and facilities for our guests.
鈥淎s a family tourism business, the plan to purchase Caerfelin Holiday Park has been in the pipeline for a few months. We were grateful to be assisted by the Wales corporate team at HSBC 海角视频 and look forward to continuing our relationship, as well as playing our part in regenerating the Welsh economy in a post-Covid climate.鈥
The third-generation family business started in 1969 with its first site, Pencnwc Holiday Park located in New Quay. A second site, New Minerton Leisure Park near Tenby, was acquired in 2010 also with financial support from HSBC 海角视频.
Warren Lewis, head of corporate banking Wales for HSBC 海角视频, added: 鈥淣ot only will this deal continue Leisure Escapes鈥 growth in West Wales, it also supports the local economy of the area thanks to the influx of visitors holidaying once more.
"We鈥檝e supported the team for a number of years and look forward to continuing our relationship during an exciting time for Leisure Escapes as the business grows to meet demand.."
