The leisure industry is facing a patchy recovery from the credit crunch, a caravan dealer has warned, after posting significant losses for the past six months.
Discover Leisure, which sells caravans and motorhomes across five branches in the York area, reported a ten per cent year-on-year increase in revenue, but still made a loss of nearly £1.5 million over the winter.
In order to deal with a potential slump in the market, the dealer said that it would be introducing new products to attract savvy customers.
The market for services and parts is growing, the company said, as caravan owners look to hang onto their old purchases for longer.
David Morrow, chairman of Discover Leisure, said: “Whilst the stock pressure may be lessening, the second half year is expected to be equally challenging.”
Holidaymakers looking to see historic York as part of a caravan tour can stay at nearby campsites including Beechwood Grange and Rowntree Park.
