A leader in the U.K. short-break holiday market, Center Parcs offers high-quality accommodation, a range of outstanding leisure facilities and more than 200 indoor and outdoor activities, all set within a protected and enhanced woodland environment. Center Parcs currently operates five villages in the U.K. and opened its newest village, in Ireland, in 2019. In 2021, plans for a sixth site in the U.K. were announced.
Brookfield acquired Center Parcs in 2015. Since acquisition, facilities and amenities have been upgraded, approximately 250 new lodges have been built, and EBITDA has increased by 30%. Brookfield also invested almost £100 million to redevelop the website and computer systems, streamlining the booking process to better meet customer demand.
Today, Center Parcs serves over 2 million guests per year with a 98% occupancy rate, providing stable cash flows.