Companies

Center Parcs owner injects €13.7m into resort as Covid slashes revenue

Longford resort posted €16m after-tax loss last year but predicts rebound in 2022

Center Parcs in Co Longford. The company hired an extra 120 staff in its 2021 year even as the pandemic curtailed its operations

The group behind Center Parcs, the holiday village operator set up in Longford in 2019, suffered a 67 per cent drop-off in revenue last year, citing the impact of the pandemic after a difficult trading year.

Center Parcs Ireland Limited, which opened to fanfare nearly three years ago, posted after-tax losses of €16 million in the period until April 2021, accounts filed by the company show.

Turnover fell from €33.6 million in 2020 million to ...