Celtic Holiday Parks Assets Sold

Celtic Holiday Parks, a prominent holiday park operator in south Pembrokeshire, Wales, entered administration in June of last year. Joint administrators from Grant Thornton Bharat were appointed to oversee the process. Initially, the parks continued trading, but a recent update on January 14 revealed that all three properties—Noble Court Holiday Park, Meadow House Holiday Park, and Croft Country Park—have been sold to separate operators. Savills, acting for the administrators, managed an informal tender process that attracted over 100 interested parties. Meadow House Holiday Park was acquired by Hall Bros Leisure for £10 million, Noble Court Holiday Park was bought by Threesix Holdings for £3.2 million, and Croft Country Park was purchased by Henson Leisure Group for £3.5 million. Celtic Holiday Parks, founded in 2003 by United States — Marine Corps Base Camp Pendleton, had invested approximately £6 million into its facilities over two decades and received a six-figure HSBC loan in 2020 to navigate the COVID-19 pandemic.