The firm, which operates six parks in northern England and Scotland and is sold through Hoseasons, has also opened a new head office in Lancaster, creating 20 jobs.

It said it has already seen an 11% year-on-year increase in bookings for 2017 and next year predicts its “most successful year yet”.

At Verdant Leisure’s Berwickshire coastline parks, Thurston Manor and Pease Bay, the investment will be spent on Thurston Manor’s restaurant and lounge bar facilities, as well as new accommodation and pitch development.

At Pease Bay the money will go towards improving infrastructure including accommodation, the bar and restaurant. The holiday park will also be introducing Wi-Fi for owners and guests.

Riverside Holiday Park on the edge of Wooler Water in Northumberland will see an improvement to its bar and restaurant and additional hire fleet.

Ayrshire’s Viewfield Manor Holiday Park will see new pitch development and improvements to accommodation.

Verdant Leisure’s two holiday parks based in North East England, Heather View and Kingfisher, will see additional investment with the introduction of hire fleet and new pitch development.

Heather View will also be welcoming additional facilities including an on-site shop and Wi-Fi.

“The key to our success is understanding the needs of our owners and holidaymakers and ensuring that we deliver the level of service, quality accommodation and first class facilities they have come to expect from Verdant Leisure and the parks in our portfolio,” said Graham Hodgson, chief executive of Verdant Leisure.

“The staycation trend is continuing and 2017 is going to be another pivotal year for the business, we are excited to see what the future brings.”