VERDANT Leisure, the caravan park operator focused on Scotland and northern England, has recorded a strong increase in sales which it said reflected the increasing popularity of staycations.
The company, which has four parks in Scotland and three in England, said holiday sales increased by 30 per cent in the first three months of the year compared with the same period last time.
Sales of holiday homes increased by 79 per cent year on year.
Led by sector veteran Graham Hodgson, the company said the first quarter results indicated that holidays in the UK were becoming increasingly popular.
It said with a warm summer expected regions such as the Scottish and Northumberland coastlines are seeing a resurgence in popularity.
The fall in the value of the pound following the Brexit vote last year has increased the cost of overseas travel in sterling terms.
Verdant acquired the Crosslaw Caravan park in the Scottish Borders in February.
Financiers see appeal in the holiday park sector.
In April last year the Palatine private equity business bought a stake in Verdant from RJD Equity partners, which backed its early development.
The company began life with the acquisition of the Thurston Manor and Pease Bay parks in East Lothian in 2010.
It bought Viewfield Manor holiday park near Kilwinning, Ayrshire in 2011.
The latest accounts filed for Verdant indicate that the team led by Mr Hodgson have developed a profitable formula.
The company made £2.3m profit before tax on £10.4m turnover in the year to February 2016.
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