Pierre & Vacances - Center Parcs Group: Update on Development of Center Parcs Domains
08 Juillet 2020 - 10:00PM
Business Wire
Regulatory News:
For more than 50 years, the Pierre & Vacances - Center Parcs
Group (Paris:VAC) has strived to develop a tourism offer that
respects the environment and biodiversity.
The Center Parcs domains are a good illustration of the Group’s
commitment to responsible and sustainable tourism. Each development
project is the object of a prior environmental study that goes
beyond legal obligations, as well as concertation with local
operators.
Since 2007, the Group has been working on a project to install a
Center Parcs domain in the township of Roybon in the Isère region
of France. The project has received constant support from all local
authorities for its environmental qualities, its benefits in terms
of jobs and revenues, and its ability to revitalise and rebalance
the region. For more than 10 years, legal proceedings contesting
the administrative authorisations have prevented the project from
advancing. With the land clearing permission, vital for the
project’s materialisation, now void, and access to the site blocked
by so-call “zadist” militants (from the French Zone à Defendre
meaning zone to defend) who have been illegally occupying the land
since 2014, Center Parcs has decided to withdraw from this
project.
Independently from Roybon, over this period, the development of
Center Parcs in France has continued with the opening of the
Domaine du Bois aux Daims (Vienne region) in 2015, the extension of
the Domaine des Trois Forêts (Moselle) in 2017 and 2019, and the
future opening of the Center Parcs Landes de Gascogne
(Lot-et-Garonne).
Center Parcs confirms its development in France and Northern
Europe under the framework of the Group Change Up strategic plan,
with innovative concepts that are set to enhance the Center Parcs
offer.
- In France, the Landes de Gascogne
domain in the Lot-et-Garonne region is due to open in spring 2022
(87 hectares, 400 cottages and 12,500 sq.m of leisure facilities).
It has received a very warm welcome and is supported from regional
authorities as well as local inhabitants and environmental
protection groups. The domain is currently being built and is
designed to have a limited environmental footprint (wood heating
covering 80% of energy needs for the central facilities,
bioclimatic construction of accommodation avoiding the use of air
conditioning and optimised water management thanks to an innovative
marsh treatment system). In the Saône et Loire region, the
feasibility of a development project for a domain with 400 cottages
was confirmed by the administrative tribunals at the urban
documentation stage. Continuing its dialogue with local authorities
and all involved parties in the region, Center Parcs is currently
undertaking complementary studies to strengthen its environmental
commitments and propose adaptations to the initial project aimed at
bolstering its low-carbon approach. A revised project taking into
account these objectives will be presented next autumn. For the
project to extend the Bois Francs domain in the Eure region, the
Group has reiterated its proposal to start productive discussions
with environmental protection organisations, the conclusions of
which will be integrated into the definition and design of the
project. The Center Parcs development project in the Jura region
has been the object of legal appeals against the Local Urbanism
Plan. Further study of the project is dependent on forthcoming
decisions from the administrative tribunals.
- In Northern Europe, the development
strategy primarily concerns Germany, with two new sites currently
being instructed in northern Germany and in Bavaria, and the start
of negotiations and studies for two other sites in the Berlin
region. Elsewhere a first project in Denmark is in the design
completion phase and two projects in Scandinavia have been
identified. The development of new domains is going hand-in-hand
with the renovation of existing domains with an investment budget
of around €400 million financed by the property owner lessors.
In a post-Covid context, the level of reservations to date for
the summer period testifies to the resilience and appeal of the
Group’s offer with increased demand for family-based and local
tourism. The Center Parcs domains, accessible within two hours of
major cities, embody sustainable tourism and immersion in natural
and protected surroundings.
“We will continue these developments by innovating with each
project, meeting environmental challenges and changing customer
demands and by cooperating closely with the regions” stated Gérard
Brémond, President of the Pierre & Vacances-Center Parcs
Group.
About the Pierre & Vacances-Center Parcs Group
The Pierre & Vacances-Center Parcs Group is the European
leader in local tourism. Created in 1967, it develops and manages
innovative and environmentally-friendly holiday and leisure
concepts offering the most attractive European seaside, mountain,
countryside and city destinations
About Center Parcs
Created in 1967 in the Netherlands, the Center Parcs concepts
remains unrivalled in Europe. There are 27 Center Parcs domains at
present, 6 of which in France, 9 in the Netherlands, 6 in Belgium
and 6 in Germany. Center Parcs is a unique concept that meets the
needs of families aiming to find an ideal place to live and share
emotions.
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version on businesswire.com: https://www.businesswire.com/news/home/20200708005751/en/
Press Relations Valérie Lauthier +33 (0) 1 58 21 54 61
valerie.lauthier@groupepvcp.com
Investor Relations and Strategic Operations Emeline Lauté
+33 (0) 1 58 21 54 76 info.fin@groupepvcp.com
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