Why it matters: holiday parks are booming as families seek budget accommodation
The holiday park sector is becoming increasingly corporatised.
Big4 Holiday Parks will have an 83 per cent occupancy rate this Easter
Holiday and caravan park operators will enjoy their busiest Easter Holiday period since the onset of the pandemic, with bookings up 40 per cent compared with the same time last year, according to new analysis by accountants BDO.
As of Wednesday, 264,000 nights of accommodation in parks across the country had been booked by holidaymakers for the 6-10 April long weekend period resulting in a forecast national occupancy rate of just under 70 per cent this Easter.
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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com
