Center Parcs UK goes up for sale with near £5bn price tag

Private equity owners hope to cash in on post-Covid trend for UK domestic breaks with sale of firm's six resorts

Center Parcs' UK and Irish business is being put up for sale with a price tag of up to 5bn - double the amount it was bought for in 2015 - as its private equity owners seek to cash in on the trend for domestic breaks kickstarted by the Covid pandemic.

The potential sale comes after the group - whose five resorts in the UK and one in Ireland are known for their tropical-themed indoor pools, spas and activities for kids and their sometimes eye-watering fees - bounced back to a profit after being forced to close outlets under pandemic restrictions.