Brookfield reportedly scraps £4bn-plus Center Parcs sale
UK: Canadian private equity firm Brookfield has scrapped plans to sell holiday village chain Center Parcs in a £4 billion-plus transaction due to high interest rates and inflation.
IHM’s 2023 ones to watch in travel, hospitality and real estate
Worldwide: Drawing from the coverage provided by four sector-leading b2b websites, the editorial team at International Hospitality Media [IHM] has created a list of 25 influential leaders across travel, hospitality and real estate who they believe have a big 12 months ahead of them.
Brookfield ponders consortium to conclude Center Parcs sale
UK: Canadian private equity firm Brookfield, which owns Center Parcs, is believed to be trying to build a consortium from the remaining bidders to secure a sale of the holiday resort chain following a lengthy offer and negotiation process.
Center Parcs revisits plans for sixth UK holiday village
UK: Holiday village chain Center Parcs has revealed it is revisiting plans to operate a sixth site in the UK, despite the company’s ongoing sale process.
Race to acquire Center Parcs heats up before offer deadline
UK / Ireland: The race to acquire holiday village chain Center Parcs and its UK & Ireland sites is heating up as new bidders prepare to submit indicative offers ahead of an initial deadline on Tuesday [20 June].