Butlin’s: Price changes fail to stop holiday resort chain entering the red Business Holiday resort chain Butlin’s entered the red in the year after it was sold for £300m despite changing its pricing strategy, it has been revealed. The company has posted a pre-tax loss of £24.4m for 2023, according to newly-filed accounts with Companies House. The loss comes after the business, which runs sites in Bognor Regis, [...]
Haven and Warner Hotels owner slips into the red after Butlin’s sale Business The group behind Haven holiday parks and Warner Leisure Hotels fell into the red after the sale of Butlin’s, it has been revealed. Bourne Leisure, which is owned by investment giant Blackstone, has reported a pre-tax loss of £166.5m for 2023, according to newly-filed accounts with Companies House. The loss comes after the group reported [...]
Storm in a spinning teacup: Butlin’s sues Aviva over definition of flooding insurance Butlin's is suing Aviva over the definition of a storm, after serious flooding forced it to shut its largest resort.