Sykes Holiday Cottages has entered the static caravan holiday market for the first time with an acquisition which marks a new direction for the private equity-backed business.
UKCaravans4hire is a static caravan rental website and Chester-based Sykes will use its acquisition as a chance to diversify its range of rental properties.
The deal follows hot on the heels of Sykes’ acquisition of Forest Holidays, owner and operator of environmentally sensitive cabins.
The combined group of businesses under Sykes’ leadership, whose own platform provides access to more than 22,500 holiday homes, are estimated to take more than 2.65 million customers on holiday in 2022. The group employs in excess of 1,700 people and is on track to achieve more than £170m of revenue in 2022
UKcaravans4hire was established more than ten years ago and connects holiday makers to more than 6,000 holiday homes located across the UK.
Read more at: Insider Media