Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner. Facebook Messenger An icon of the facebook messenger app logo. Facebook An icon of a facebook f logo. Facebook Messenger An icon of the Twitter app logo. LinkedIn An icon of the LinkedIn logo. WhatsApp Messenger An icon of the Whatsapp messenger app logo. Email An icon of an mail envelope. Copy link A decentered black square over a white square.

Piperdam: Surge in sales ahead of takeover of Tayside resort

Piperdam resort.
Piperdam resort.

Piperdam Golf & Leisure Resort saw profits more than quadruple ahead of a takeover.

Newly filed accounts show a rebound in sales and profits for the Angus resort which boasts dozens of holiday lodges, a golf course and other leisure activities.

For the year ending December 31, 2021 Piperdam recorded sales of £6.9 million and a pre-tax profit of £2.8m.

This compares to revenue of £4.4m and a pre-tax profit of £632,000 in 2020, but is lower than 2019’s sales figure of £7.5m.

Piperdam owner Coppergreen Developments Limited was acquired by Away Resorts Limited early last year. Coppergreen has owned the 650-acre estate since 2016.

Demand for lodges exceeds expectations

Piperdam director Neill Ryder said the impact of Covid-19 continued into 2021 but the destination benefitted from a staycation boom.

He said: “The demand for breaks in the UK far exceeded expectations meaning we saw stronger than usual occupancy and tariff rates for the rest of 2021. This was in spite of continuing restrictions even after reopening.

Some of the chalets at the Piperdam Resort.

“These restriction had a much larger negative impact on other revenue streams.

“In 2021 we didn’t see a full recovery to pre-Covid trading across any areas of operations except for accommodation.

“Weddings and functions along with food and beverage were particularly badly hit.”

Concern at rising costs

Coppergreen said it had remained profitable throughout 2022 despite its parks being exposed to rising utility costs.

A focus since the Away Resorts acquisition has been on introducing new ways to reward staff.

Mr Ryder adds: “2022 has presented new challenges for Coppergreen and the hospitality industry.

“Pressure on costs and the cost of living for our customers are having an effect on results but work undertaken over the past few years in developing systems and processes have put Coppergreen in a strong position to overcome these new challenges.”

Separately filed accounts for Coppergreen, which owns four holiday parks, show sales of £19.5m and pre-tax profits of £3.1m in 2021.

At the time of the acquisition, Carl Castledine, chief executive of Away Resorts said: “Coppergreen’s prime locations and leadership in sustainability will further enhance our offer as we look to provide perfect holiday destinations for UK holiday makers.”

Conversation