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Find Out The Latest From the Michael Paul Consultancy Blog

ECONOMIC OVERVIEW Summer 2022 Update

August 24, 2022

GENERAL ECONOMY The UK economy has had to weather multiple storms in recent years, with; BREXIT, the COVID pandemic, war in Ukraine, rising inflation a lack of real growth from…

Leisure / Residential Park

MARKET IMPACTS FOR HOLIDAY PARKS Summer Update 2022

August 24, 2022

IMPACT ON VALUES The traditional approach to valuing leisure and tourist parks and other trading entities is the Profits Method of valuation. When considering this approach, the valuer analyses the accounts provided and calculates the earnings before interest, tax, depreciation and amortisation (EBITDA) of the business. Where appropriate, adjustments are made to the actual EBITDA…

Marina

THE MARINE INDUSTRY Summer Update 2022

August 24, 2022

The last 12 months pre Covid saw a more even performance across major marine sectors, with stable business activity across domestic and overseas markets, driven by gains in boat and…

2020 Leisure Review

2020 Leisure Sector Review

May 19, 2022

The 2020 Travel Survey conducted in July 2020 by Michael Paul Holidays heard how the pandemic had impacted the plans of hundreds of British holidaymakers and found out what kind of holidays they are planning next. From July 2020, most British holidaymakers (85%) will be planning a UK getaway, with the majority of those (44%)…

2020 Residential Sector Review

2020 Residential Sector Review

May 19, 2022

The residential parks market broadly mirrors the peaks and troughs of the traditional housing market. The end of 2020 saw UK house prices 6.5% higher than a year before- the…

The Impact of Planning

The Impact of Planning

May 19, 2022

Policy changes on a national and local level have impacted on the assessment of parks, the feasibility of development and in turn park values. At a localised level, nearly all councils take the case law on board when establishing their opinion of fees, which is that the siting of a single or twin unit caravan…

Permitted Development Right Extended

Permitted Development Rights Extended

May 18, 2022

During 2020, the 28 day permitted development rule allowing camping to take place on land without planning permission was extended to 56 days to the end of December 2020. However…

How Rewilding Can Benefit Your Business

How Rewilding Can Benefit Your Business

May 18, 2022

Thanks to rewilding projects, many enchanting strokes of colour are being repainted into British landscapes. Evergreen forests are spreading over Highland mountainsides, Lynx will likely soon be prowling the undergrowth…