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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

Center Parcs UK owner seeks double what it paid with near-£5bn price tag

The Center Parcs resort at Sherwood Forest, England.
The Center Parcs resort at Sherwood Forest, England. Photograph: LH Images/Alamy

Center Parcs’ UK and Irish business is being put up for sale with a price tag of up to £5bn – double the amount it was bought for in 2015 – as its private equity owners seek to cash in on the trend for domestic breaks kickstarted by the Covid pandemic.

The potential sale comes after the group – whose five resorts in the UK and one in Ireland are known for their tropical-themed indoor pools, spas and activities for kids and their sometimes eye-watering fees – bounced back to a profit after being forced to close outlets under pandemic restrictions.

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