Parkdean is the UK’s largest holiday park operator.
Holiday park operator Parkdean lost almost £150m during its latest financial year despite its revenue increasing over the same period, it has been confirmed.
The business, which is a direct rival of Haven and is headquartered near Newcastle upon Tyne, has reported a pre-tax loss of £147.7m for 2024.
The latest total comes after it also lost £135.2m in 2023.
New accounts filed with Companies House , however, also show Parkdean’s revenue rose from £507m to £520m in 2024.
The results come after it was reported earlier this month that Parkdean is lining up American investment firm Centerbridge Partners to inject around £250m of funding.
Parkdean ‘well placed’ after investment
On its future, Parkdean said: “With recovery of the macr