A major UK holiday park operator that collapsed into administration owing more than £103 million to creditors has expanded its workforce by 158 staff, as administrators work to keep its sites running while a buyer is found.
Argyll Holidays, run by Cove Communities Venture 2 Argyle OpCo Limited, entered administration in November after struggling with mounting debts, rising costs and falling consumer demand. Fresh documents show that staffing levels at the company’s Scottish sites have grown from 97 to 255 employees, as administrators look to maintain operations across the group’s holiday parks.
Despite the financial collapse, all eight of the company’s holiday parks across Scotland remain open and trading. These include the flagship Drimsynie Estate Holiday Village, Hunters Quay Holiday Village in Dunoon, Loch Awe Holiday Park and Loch Eck Caravan Park. Administrators have confirmed plans to begin a sale process for the business in the coming months, with the increased staffing levels intended to safeguard operations and reassure customers in the meantime.
