Turnover: 426 million EUR (2023)
Country: France
The Pierre & Vacances Center Parcs Group specializes in tourism services: vacation and leisure villages, residences and hotels under the Pierre & Vacances, Maeva, Center Parcs, Sunparks and Adagio brands (the latter in partnership with Accor).
Headquartered in France, the company's core business is in France, but it also has facilities in Belgium, Mauritius, the Netherlands, Switzerland, Austria, Germany, Italy and Spain.
News
Tourism: Pierre & Vacances tests a new foray into the high-end segment 27/03/2024
- - Annual customer numbers: two million
- - Number of residences in Europe: 186
- - Number of residences in France: 143
- - Target number of 4- to 5-star residences in 5 years: 25
Tourism: Pierre & Vacances - Center Parcs continues to climb the slope 01/12/2023
- Total sales for Pierre et Vacances-Center Parcs in 2023: 1.91 billion euros
- Sales growth since 2022: 8.2
- Tourism revenues (accommodation and related activities): 1.74 billion euros (up 12.8% on 2022)
- Revenues from other activities (real estate operations, Senioriales): 173 million euros (down 23.3%)
- Net income: -20.6 million euros (including non-recurring operating expenses of 59 million)
- Center Parcs sales: up 13.1% compared to 2022
- Center Parcs occupancy rate: 76.6% (up 1.2 points)
- Pierre & Vacances sales growth: +3.4
- Adagio aparthotel brand revenues up: 29.1
Pierre & Vacances embarks on major renovations 07/09/2023
- The group aims to add 2,900 new accommodations by 2026.
- It plans to increase the number of its apartments by 17% over the current level.
- In the past, property development accounted for almost 20% of sales.
- 95% of apartments are currently owned by small property owners.
- The group plans to change its business model, focusing 100% on the operation of accommodation for its new projects.
- 80 new projects are already under development.
- Pierre & Vacances recently took over 11 competitor residences.
- This summer's accommodation occupancy rate is 90%, and revenue per available room is up 4% on 2022 and 19% on 2019.
- The group will manage 45,800 units by 2022. 28 sites out of 189 will be renovated by 2024.
Pierre & Vacances and Center Parcs reinvigorated by a banner year for French tourism 01/12/2022
- Sales 1.77 billion euros in 2022, up 13.1% on 2019
- Lodging activities +12.6
- Pierre & Vacances down slightly (-3.8%)
- Vigorous tourism business
Pierre et Vacances: Center Parcs to revolutionize its image with "radical modernization". 18/05/2021
- Pierre et Vacances to invest 430 million euros over five years, 60% of which will be devoted to its Center Parcs estates
- A plan to achieve sales of 1.83 billion euros for its tourism activities by 2025
- Europe's number one in leisure residences to renovate its parks by 2025
- Objective: 80% occupancy rate for Center Parcs, compared with 72% today
may 18, 2021 - Pierre et Vacances towards a bright future - source(Capital)
- The company will invest 430 million euros over 5 years, 60% of which will be devoted to its Center Parcs estates.
- The company is targeting sales of 1.83 billion euros in 2025 for its tourism activities.
- Number 1 in Europe for leisure residences
- Following the pandemic, the group saw its sales halved in the first half of 2020
- With this investment, the Group aims to achieve an 80% occupancy rate, compared with the current 72%
- More than 70 Adagio apart-hotels to be created by 2025
Financial Data
DUNS: 316580869
Legal Name: PIERRE ET VACANCES
Address: 11 RUE DE CAMBRAI ARTOIS-ESPACE PONT FLANDRE, 75019 PARIS 19
Number of employees: 0 salarié ()
Capital: 4 544 384 EUR
Financial Data:
| Year | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Turnover | 31 125 000 | 15 330 000 | 7 675 000 | 7 936 000 | 14 712 000 | 17 051 000 | 12 485 000 | 16 482 000 |
| Gross margin (€) | 86 670 000 | 49 645 000 | 31 186 000 | 21 037 000 | 34 607 000 | 32 223 000 | 32 634 000 | -1 348 000 |
| EBITDA (€) | -52 875 000 | -32 242 000 | -19 351 000 | -16 593 000 | -11 306 000 | -13 412 000 | -15 298 000 | -11 874 000 |
| Operating profit (€) | -3 791 000 | 26 000 | -6 486 000 | -5 738 000 | 1 008 000 | -817 000 | -4 878 000 | -4 959 000 |
| Net profit (€) | -331 396 000 | -135 386 000 | -135 370 000 | -61 870 000 | -40 718 000 | 53 127 000 | 121 387 000 | 73 060 000 |
| Turnover growth rate (%) | 103 | 99,7 | -3,3 | -46,1 | -13,7 | 36,6 | -24,3 | 29,7 |
| Ebitda margin rate (%) | -169,9 | -210,3 | -252,1 | -209,1 | -76,8 | -78,7 | -122,5 | -72 |
| Operating margin rate (%) | -12,2 | 0,2 | -84,5 | -72,3 | 6,9 | -4,8 | -39,1 | -30,1 |
| Working Capital (turnover days) | 5 390,3 | 8,3 | 31 523,5 | 19 900,8 | 13 366,8 | 10 151,7 | 14 253,3 | 12 350 |
| Working Capital requirements (turnover days) | 224,9 | 0,3 | 121,5 | -185,1 | 10,5 | -39,3 | -81,4 | -49,9 |
| Net margin (%) | -1 064,7 | -883,1 | -1 763,8 | -779,6 | -276,8 | 311,6 | 972,3 | 443,3 |
| Added value / Turnover (%) | -161,8 | -179,3 | -286,8 | -188,3 | -97,5 | -69,7 | -108 | -63,9 |
| Wages and social charges (€) | 1 941 000 | 95 000 | 682 000 | 1 110 000 | 1 024 000 | 944 000 | 1 001 000 | 983 000 |
| Salaries / Turnover (%) | 6,2 | 0,6 | 8,9 | 14 | 7 | 5,5 | 8 | 6 |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président du conseil d'administration | Georges | Sampeur | 70 | |
| Directeur général | Franck | Gervais | 47 | |
| Administrateur | Pascal | Savary | 68 | |
| Administrateur | Christine | Lannon | 62 | |
| Administrateur | Delphine | Grison | 55 | |
| Administrateur | Claire | Scherer | 56 | |
| Autre | Thierry | Amirault | 60 |
Studies mentioning this company
The vacation village market - France
Other companies mentioned:
- Pierre et Vacances
- Center Parcs (Pierre et Vacanses)
- ClubMed
- Belambra Clubs
- Azureva
- Villages clubs du soleil
- Ternelia
- Village Vacances France (VVF)
- Cap France
- UNAT
The corporate seminar market - France
Other companies mentioned:
- GL Events
- Pierre et Vacances
- ClubMed
- Séminaire.com
- BCD Travel France
- Séminaires Business Event
- Chateauform'
- Agence Lully
- Capdel (Hopscotch Groupe)
- American Express - business travel
- Egencia France
- Rêvez d'ailleurs
- Séminaire Collection
- Hephata
- Comet Meetings
- Collock
- Almedia
- Homanie