A firm which operates eight holiday parks in the west of Scotland has gone into administration.
Family business Argyll Holidays was sold for £100m to Cove UK in 2022.
Now, less than four years later, the subsidiary established to operate Argyll Holidays’ holdings has gone into administration.
According to the Dunoon Observer; the affected sites include Hunters Quay Holiday Village in Dunoon, as well as Drimsynie Holiday Village, Loch Awe Holiday Park, and Loch Eck Caravan Park.
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Loch Eck Country Lodges, Loch Lomond Holiday Park in Arrochar, St Catherines Caravan Park in Cairndow, and Stratheck Holiday Park are also affected.
There are a total of 1,800 pitches between the eight parks, which employ 250 staff during peak season.
Companies House confirmed that administrators Alvarez and Marsal assumed control of the company on 17 November.
Owners at the eight sites were sent letters on Monday informing them that joint administrators had been appointed.
Adam Paxton, Managing Director, Alvarez & Marsal Europe LLP, told the News and Star: “As administrators, our priority is to ensure a smooth transition and maintain stability across the parks. We are working to ensure day-to-day operations continue with minimal disruption.
"Owners, residents and holidaymakers should not be impacted, and can contact the site managers with any questions they may have.”
11 sites across the UK are believed to be affected, including the Solway Holiday Park in Cumbria.
When the sale of Argyll Holidays was announced in 2022, director Keith Campbell said: “We as a family have put heart and soul into developing our group of parks.
"Cove is the ideal custodian of Argyll Holidays, sharing as we do, the same missions and values and commitment to the preservation and investment in the destinations we own.”
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