Center Parcs Performance and Financial Update
Center Parcs Overview
FY24 Half Year
Highlights
Another excellent result demonstrating the
continued resilience of the business.
➤ Revenue and EBITDA of £287.6m and £139.0m.
➤ Occupancy of 98.0% achieved.
➤ Net ADR of £243.92 compared to £249.34 in the
prior year; ADR comparisons remain difficult due
to post-Covid effects with YoY growth starting in
Q2 that is expected to continue into H2. Current
bookings for the second half of the year reflect this
growth trajectory.
➤ Cash of £38.6m at 5 October 2023. Dividends
paid in the period totalled £53.0m.
Trading Outlook
➤ Strong forward bookings for the remainder of
FY24 with 83% of capacity sold at 10 November
2023.
➤ Cash balances of £57.5m at 9 November 2023.
➤ ADR growth on bookings to date is on track for the
second half of the year.
➤ On village spend continues with no notable
changes in guest behaviour.
Summary of Lodge and Guest Numbers
Woburn
Opened 2014
Edinburgh
Sunderland
CenterParcs
Whinfell
Opened 1997
919
4,814
Sherwood
Opened 1987
800
4,230
Leeds
904
4,236
Manchester
Longleat
Opened 1994
Liverpool
Leicester
Elveden
Opened 1989
Birmingham
Bristol
London
805
4,166
Holiday Village
Lodges/Apartments 4,334 (1)
Guest Capacity - Total 22,128
906
4,682
Core Catchment Area
for the Five Villages
(within 2.5 Hour
Drive)
(1) As at 17 November 2023
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