News

Caravan trading improvement expected for latter part of 2010

Discover Leisure remains optimistic despite snow affecting sales

A caravan retailer in Yorkshire has predicted that it expects trading to improve in the second half of 2010, as the industry continues its battle against the troubled economic climate.

The Yorkshire Post reports that Discover Leisure has made decent progress since needing to restructure to five sites last year as a way of avoiding collapse.

Despite the recent heavy snowfall having a negative effect on sales and the fact that many purchases were made ahead of the VAT change on January 1st, the company still remains optimistic for the upcoming 12 months.

According to the publication, chairman David Morrow told shareholders at the company’s annual meeting: “Looking ahead to the second half, the continuing economic uncertainties and the need to assess the market at Easter make it difficult to predict the group’s results.

“We expect trading to improve but to remain challenging.”

Touring caravan sales increased through September and October last year across the market, before a 37 per cent year-on-year improvement was noted in November.

Meanwhile the growth in the number of Brits holidaying in the UK in the opening half of 2009 caused sales to skyrocket by 40 per cent, Park Resorts revealed last year.