The rise in Brits looking to take caravan holidays in the UK has led to one operator extending its finance deal.
Parkdean Holidays has chosen to add two years to its deal with Anglo-Irish Bank, giving it until 2014 to repay the loan.
According to travelweekly.co.uk, the park operator, which has 24 sites across the UK, credited increased interest from customers as the motivation behind the move.
Chief executive John Waterworth told the website that a combination of a good relationship with the lender and strong performance during tough times helped it secure the agreement on favourable terms.
While the firm has struggled with caravan sales, it reported a rise in on-park spending and holiday bookings, which helped boost turnover to £124 million at the end of January.
Earnings before interest, tax, amortisation and depreciation also rose to £31.5 million from 28 million and are expected to increase further this year.
Meanwhile, the importance of fire safety in caravans has been underlined by an incident in Essex in which a vehicle was completely destroyed, according to the Evening Star.
