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S P R I N G / S U M M E R 2 0 1 7

07

In recent news the travel guide Lonely Planet

named North Wales fourth in a list of best

regions to visit in 2017. The news gives

global recognition to North Wales being the

top of the hit list for must visit destinations

in the UK.

The news acknowledges the changing

landscape of North Wales as a tourism

destination. The most noticeable and recent

change has been the rapid growth of man-

made attractions such as Surf Snowdonia,

Zip-World, Bounce Below and the various

world class mountain biking facilities.

These new developments appeal

to the emerging health and fitness

tourism market and attract a wider

range of visitors, diversifying from

the traditional bucket and spade

or walking visitors the region is

accustomed to.

The market for leisure property in North

Wales has been rated amongst the best

in the UK with property prices achieving

stronger levels than many other tourist

destinations. The strength of the North

Wales market has been fuelled by the

populous conurbations located within 2

hours drive such as Manchester, Liverpool,

Stoke-on-Trent and Chester.

Honey pot locations such as Abersoch, the

North Wales Coast and areas of Anglesey

are witnessing improving standards of holiday

accommodation. Premium holiday caravan

products in these areas are regularly being

purchased for second homes at premium

prices, most notably being perhaps The

Warren at Abersoch where £500,000 plus has

been achieved for a twin unit holiday caravan.

It is difficult to quantify the effect this is having

on the tourist economy as on paper not

much has changed. The Welsh Government

Wales Tourism Accommodation Occupancy

Survey shows only a slight improvement on

the previous year.

However the published tourism statistics

only refer to letting accommodation to

include self-catering, hotels, B&Bs and

guest houses. The changes are mainly

occurring in the privately owned sector

which accounts for the majority of holiday

accommodation in North Wales. UK holiday

caravan manufacturers are reporting

significant increases in the number of units

being made to satisfy demand.

Reports from holiday park owners are of

significant improvements on previous years.

This recent prosperity has led to a

lack of holiday parks coming to the

market with park owners opting to

hold on to their properties and take

advantage of the current trading

conditions.

We have seen demand for holiday parks

grow to a level comparable to that of the

peak experienced in 2007/08 with strong

prices achieved across the region.

F O C U S O N

N O R T H WA L E S

T H E C H A N G I N G L A N D S C A P E O F N O R T H WA L E S T O U R I S M

Brynteg Holiday Park, Caernarfon

Sold with a Guide Price of £15m

Caerwys View Holiday Park, Caerwys

Sold with a Guide Price of £1.95m

Trawsfynyd Holiday Village, Bronabber

For Sale with a Guide Price of £3.49m