holiday park unveils £695k extension with 35 new holiday homes
Brean family holiday park has invested in 35 new holiday homes ahead
of the summer months after securing a £695,000 hire purchase
facility from Lloyds Bank Commercial Banking.
Families can rent or buy luxury holiday homes and lodges on the
site at Holiday Resort Unity, which is part of Brean Leisure Park,
as well as bring their own campervans and camping equipment with
Following an increase in demand for quality accommodation, the business
has committed to reinvesting into its facilities and now has a 150-strong
fleet of caravan holiday homes, 95% of which are under five-years-old.
The money from Lloyds Bank has funded 35 new holiday homes, which
can be rented by holidaymakers across the UK.
House, director at Holiday Resort Unity, said: "As demand for
our holiday packages continues to grow, its vital that we
are reinvesting into our facilities and accommodation. Competition
in the industry is strong and customers demand all the luxuries
available at home when in their holiday accommodation."
"With the recent funding, weve been able to support our
wider reinvestment plan and are proud to say that the majority of
our holiday homes are now less than five years old and host the
latest energy-saving technology. Weve had a great relationship
with the team at Lloyds Bank and look forward to working with them
again as we continue to grow."
Stuart Williams, relationship manager at Lloyds Bank Commercial
Banking, said: "Many local tourism businesses saw a significant
boost in revenue last year as many families opted for staycations
rather than trips abroad. As this trend looks set to continue, its
important for businesses to have the right funding in place to allow
them to thrive during their busy seasons."
"Were committed to helping Britain prosper by supporting
small to medium-sized businesses that are delivering economic growth
like Holiday Resort Unity and Brean Leisure Park, and to underline
this, weve grown our net lending to SMEs by 30% since 2011,
while the market contracted at 11%."
Resort Unity has an annual turnover of £17million and employs
275 members of staff during peak season.
Alan House of Holiday Resort Unity with Stuart Williams from Lloyds
Bank Commercial Banking