 The resort firm runs four centres in the UK |
Holiday company Center Parcs is to spend �40m upgrading four UK holiday villages safeguarding jobs for about 4,000 full and part-time staff. Expenditure will go on new accommodation, converting standard villas to executive suites, and upgrading pools and restaurants.
In addition, Center Parcs will put up �12m for projects yet to be finalised.
The sites are at: Longleat, Wilts; Oasis Whinfell, Lake District; Sherwood, Notts and Elveden, Suffolk.
Center Parcs sold its four UK sites in November 2002 in a sale-and-leaseback arrangement with Sun Capital.
Chief executive Martin Dalby said: "We now have in place the funding for core business expansion over the next three years on investments."
One-Minute World News 
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