Cove UK, the parent company of several holiday parks in the UK, has gone into administration. This impacts a total of 11 sites, including eight managed by Argyll Holidays, which Cove UK acquired for £100 million in 2022.
The affected holiday parks consist of Solway Holiday Park, Gwel an Mor Resort, and Springwood Holiday Park. Administrators are currently evaluating options for selling the business and have informed owners through letters.
If you have a reservation at one of the resorts, administrators advise contacting the site manager. The resorts involved are as follows:
– Argyll Holidays
– Solway Holiday Park
– Gwel an Mor Resort
– Springwood Holiday Park
Seal Bay Resort in West Sussex is unaffected and operating normally. Alvarez & Marsal Europe has been appointed to oversee the administration process for Cove Communities Holiday Park UK Holdco Limited (HPUK), including its subsidiaries.
Alvarez & Marsal Europe stated, “Our main focus as administrators is to ensure a seamless transition and maintain operational stability across the parks. We are committed to minimizing disruptions and encourage owners, residents, and holidaymakers to reach out to site managers with any queries.”
A spokesperson from Cove UK confirmed, “Administrators have been assigned to Cove Communities Holiday Park HoldCo Limited and its subsidiaries, affecting several holiday parks across the UK. However, Seal Bay, our flagship resort, is not part of the administration and continues business as usual for guests and owners.”
The spokesperson added, “Our priority remains on customer service and executing our long-term plans. We appreciate the ongoing support from our staff, owners, and customers.”