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Investment in Holiday Park as staycation boom bring more visitors

28th November 2020

holiday park

Pembrokeshire based Celtic Holiday Parks have added more than 50 new holiday homes to its collection after is secured a substantial six figure finance package from HSBC UK.

The business is adding 54 new holiday home pitches and is expanding its holiday fleet across its three sites in Narbeth, Amroth and Reynalton.

holiday park 2

Huw Pendleton, Managing Director at Celtic Holiday Parks, said “This season has been a very challenging time for holiday parks across the UK, but 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 parks now more than ever”.

“I’d like to thank Chris Thomas, our Finance Director from SME Finance Partners, and Alex Loxton our Relationship Director at HSBC, who worked closely together and did a fantastic job in securing the funding from HSBC.  Their support through this period was instrumental in enabling us to invest in the business, enabling is to re-open our doors to our wonderful guests”.

Warren Lewis, HSBC Head of Corporate Banking in Wales added “Celtic Holiday Parks is one of the most well-known holiday park groups in Wales.  After many critical months of being closed due to Covid 19, the three parks are looking better than ever, giving hundreds of people the chance to get away.  We are delighted to be able to support Huw and his hard-working team through these challenging times and look forward to continue seeing the business flourish”.