Profits up 33% at PE-backed holiday rental operator
Sykes Cottages, the UK’s largest independent operator of UK holiday rental properties, has reported record growth in sales and profits in its latest financial year.
The Chester-based business, which manages over 10,000 properties across holiday hotspots such as the Lake District, Devon and Cornwall and the Yorkshire Dales, said the rise of the so-called staycation and record numbers of foreign visitors was accelerating demand.
In the year ending September 2016 - the first full year of trading since a major growth capital inves... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
