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Wayfind Escapes secures a seven-figure loan from the Development Bank of Wales for park upgrades

The funding will support the addition of luxury lodges and facility improvements at Pennant Holiday Park.

£1.0MDebt

Wayfind Escapes operates Pennant Holiday Park in North Wales, offering leisure and accommodation facilities.

Wayfind Escapes has secured a seven-figure loan from the Development Bank of Wales to finance improvements at Pennant Holiday Park near Holywell.

The capital will support the construction of 55 new lodges, alongside upgrades to the site bar, restaurant, golf course, and children's playground. The company acquired the 112 acre site in October 2023.

Funding for the loan is drawn from the Welsh Government-backed Wales Tourism Investment Fund.


From the founder

"There is strong demand for high-end lodges in North Wales and from day one, we saw the potential that Pennant has to become a five-star destination resort. The funding from the Development Bank means that we’ve got the capital to invest in the park and set the standard for luxury lodges and holiday homes in this area while also creating jobs for local people. We’re focused on developing Pennant into an outstanding destination resort and golf course in North Wales over the coming five years."
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David Eccles

Chief Executive at Wayfind Escapes


Use of funds

  1. 01Build out infrastructure
  2. 02Grow the team

Investors

Development Bank of Wales

Development Bank of Wales


About the company

WE

Wayfind Escapes

Wayfind Escapes operates a holiday park and golf course in North Wales.

Holywell, UK Founded 2023 Website
£1.0MRaised