Center Parcs has reported further growth in revenue and adjusted EBITDA despite rising wage, energy and other operating costs.
Revenue increased by 3.2 per cent to £758.2m during the 52 weeks to 23 April 2026. On a comparable 52-week basis, underlying growth was 4.6 per cent.
Adjusted EBITDA rose from £319.5m to £323.9m, although its margin decreased from 43.5 per cent to 42.7 per cent following material increases in the group’s cost base.
Operating profit before adjusted items slipped from £245.7m to £243.2m, with higher depreciation and amortisation reflecting its continued capital investment programme.
Statutory pre-tax profit fell from £65.3m to £62.7m, while profit after tax increased from £48.2m to £50.4m.
Occupancy across the group’s UK and Irish villages reached 97.5 per cent, compared with 97.3 per cent in the previous year. Around 2.4 million guests visited during the period, with 68 per cent returning customers.
Average daily accommodation rates rose by an estimated 4.2 per cent on a comparable basis, while on-village spending increased by 4.2 per cent.
Aqua Sana Forest Spa delivered like-for-like revenue growth of 7.7 per cent, supported by the group’s brand awareness campaign and high occupancy across its spa estate.
Center Parcs invested £143.5m during the year, including the refurbishment of 270 lodges to a new premium standard.
Work also began on 83 additional lodges and a new restaurant at Longford Forest in Ireland. The full expansion will add around 198 lodges and increase capacity at the village by 12.7 per cent.
The company has also secured planning permission for its first Scottish resort in the Scottish Borders. The new village is expected to open by summer 2029.
Colin McKinlay, chief executive of Center Parcs, said: “We saw another year of fantastic results, with revenue, EBITDA, occupancy, average daily rate and on-village spend all growing.
“Taking into account all the external factors at play within the year, I am extremely proud of these numbers. Our people continue to deliver outstanding guest service, with an overall guest satisfaction score of 88 per cent.”
Center Parcs ended the year with £126.3m in cash and cash equivalents, including restricted cash. Net debt increased from £2.65bn to £2.78bn, principally following an increase in its senior debt facility.
The group said it was well positioned for another strong year, having already sold 49.2 per cent of its available accommodation for the period ahead at higher average daily rates.
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