A holiday park group in south-west Wales add more than 50 new holiday homes to its collection after it secured a six-figure finance package.
Celtic Holiday Parks are expanding as it belives tha demand for staycations will continue to rise due to Covid-19.
The Pembrokeshire-based business has used the funding from HSBC 海角视频 to add 54 new holiday home pitches, and is expanding the holiday rental fleet across its three sites: Croft Country Park, Noble Court Holiday Park and Meadow House Holiday Park, as well new dining and wellbeing facilities across two sites.
The HSBC 海角视频 funding was secured as part of the government-backed Coronavirus Business Interruption Loan Scheme (CBILS).
Huw Pendleton, managing director at Celtic Holiday Parks, said: “This season has been a very challenging time for holiday parks across the 海角视频, made even more challenging with additional localised and Wales lockdowns, when restrictions were eased, we did see a huge rise in demand for staycations.
“In order to meet this demand, we knew we needed to invest in the expansion of our holiday parks now more than ever. HSBC 海角视频, in particular our relationship director Alex Loxton, has done a fantastic job in supporting us during this period and enabling us to re-open our doors to our wonderful guests who couldn’t wait to come back to their ‘happy place’.
Sign up to the BusinessLive Wales newsletter and follow us on LinkedIn
As well as an in-depth early morning newsletter, we will be sending out regular breaking news email alerts. To sign up to this service
And, follow us on to catch the latest stories and to network with the Welsh business community.
Warren Lewis, head of corporate banking, Wales, HSBC 海角视频, added: “Celtic Holiday Parks is one of the most well-known holiday park groups in Wales, with luxury facilities available in Pembrokeshire for everyone.
Most Read
“After many critical months closed to the public, and subsequent localised lockdowns followed by the Wales ‘Firebreak’ closure we look forward to seeing the parks open again very soon, the three parks are looking better than ever, giving hundreds of people the chance to get away whilst some restrictions are still in place.
“We are delighted we were able to support Huw and his hard-working team through these challenging times and look forward to continue seeing the business flourish.”