Caravan industry is 'resilient and confident'

07/02/2012

While there are always plenty of stories about how the volatile property market could be affecting the interests of caravan insurance customers in the UK, a new report has gone against this often-established grain and highlighted how recent caravan and holiday park transactions has underlined the sector's confident and resilient approach.

 

A piece for the Journal in Newcastle asserted that the recent sales of Riverside Holiday Park in Wooler, as well as River View Caravan Park in Barnard Castle, "are testament to this". Chartered surveyors Sanderson Weatherall claimed that it is "firmly of the view that these successful sales are not only down to their current and future trading potential, but also thanks to the sound infrastructure already in place that will minimise any major capital expenditure in the short-term future".
Speaking from experience of its clients, the organisation explained that more caravan parks are retaining customers through the addition of facilities and services that are "beyond the norm", such as Wi-Fi, leisure centres and even purpose-made nature trails.
However, a lot of confidence comes from the rising popularity of staycations - this has led to an upturn in revenue due to the simply nature of people wanting to save money.