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274 lines
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Executable File
finance
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newsbysector
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retailandconsumer
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leisure
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8130799
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-----
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# Pontin's faces administrators after suffering during downturn
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## Pontin's, the chain of holiday camps, announced yesterday that it had
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called in administrators after suffering badly during the economic downturn.
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560
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TelegraphPlayer-8130474
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By James Hall 7:00AM GMT 13 Nov 2010
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[Comments][1]
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Even the trend for "staycation" holidays has failed to improve business at the
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company. All five Pontin's resorts would continue to trade for the time being,
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said a spokesman for KPMG, the administrator.
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Around 850 staff are employed at the camps, in locations including Camber
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Sands in Sussex and Prestatyn Sands in Wales.
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Pontin's was founded in 1946 by Fred Pontin. He copied the idea of Bluecoats
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from rival Billy Butlin, whose own chain of resorts employed Redcoats. At its
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peak in the 1960s, Pontin's had dozens of camps providing half-board and self-
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catering chalets and entertainment including knobbly knees competitions and
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talent nights.
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However, the dawn of cheap foreign package holidays in the 1970s fundamentally
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altered the market. More recently Pontin's resorts have been used for music
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festivals, playing host to bands such as Pete Doherty's Babyshambles.
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Administrators said they were in the process of appointing an "experienced
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leisure operator" so that Pontin's could continue to trade, and intended to
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honour all reservations.
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Jane Moriarty, a joint administrator and restructuring partner at KPMG, said:
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"Pontin's is an iconic British brand which forms the backdrop to thousands of
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treasured family holiday memories. It has unfortunately struggled in the
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current economic environment but, with some support from new management, we
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are optimistic that it will be part of thousands of family memories in the
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years to come. From day one, we will be actively running Pontin's to ensure
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that our guests' holiday expectations are met. Any customers with queries
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about their holiday plans should call our dedicated helpline."
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## Related Articles
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* [Santander denies pushing Pontin's into administration][2]
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15 Nov 2010
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In 2008 Graham Parr, a former Bluecoat who had owned the chain in the 1980s,
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bought it for £46 million. Its fortunes have contrasted sharply with Butlin's,
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which in September announced annual profits of £88 million.
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Former Bluecoats have include Shane Ritchie, the EastEnders actor.
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* Share: [Share][3] [ ][5] [ ][6]
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[Tweet][7]
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799/Pontins-faces-administrators-after-suffering-during-downturn.html
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Telegraph
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## [Leisure][8]
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* ### [Family holidays »][9]
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* ### [News »][10]
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* ### [Camping Holiday »][11]
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* ### [Finance »][12]
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In finance
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[![Football's 'richest' clubs: 2011][13] ][14]
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### [Football's 'richest' clubs][14]
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[![Jamie Oliver plans 100m float. Jamie's Italian made a pre-tax profit of
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1.66m on sales of 19.4m.][15] ][16]
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### [Jamie Oliver plans 100m float of Italian restaurant chain][16]
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[![Biggest deals in the drinks industry][17] ][18]
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### [Biggest deals in the drinks industry][18]
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[![Hair and other musicals - West End musicals: the biggest hits ? and
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misses][19] ][20]
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### [West End musicals: the biggest hits - and misses][20]
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### [Retail vacancies at Telegraph Jobs][21]
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Share:
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* [ ][5]
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* [Tweet][7]
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* Advertisement
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![][22]
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telegraphuk
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Please enable JavaScript to view the [comments powered by Disqus.][23] [blog
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comments powered by Disqus][24]
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Advertisement
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[Market Data »][25]
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Finance Most Viewed
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dress][32]
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4. [Dominique Strauss-Kahn: new claims of sexual misconduct add to pressure
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on former IMF chief][34]
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5. [How the euro crisis end game might look][35]
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1. [What happens when Greece defaults][31]
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2. [Dominique Strauss-Kahn: IMF head 'hired prostitutes from Manhattan
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madam'][36]
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dress][32]
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4. [A tax-based alternative to the Alternative Vote][37]
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5. [Dominique Strauss-Kahn: maid experienced 'extraordinary trauma'][38]
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* [Shopping][41]
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