Leisure: Xscape and SNO!zone
Xscapes
There are three multi award winning Xscape destinations: Xscape Milton Keynes and Xscape Castleford became part of the X-Leisure Fund in February 2007. Xscape Braehead is the newest of the three, and is a joint venture between C&R and Capital Shopping Centres.
SNO!zone
SNO!zone is the UK's premier real indoor snow slope operating business. With virtually no capital requirements, and with very strong cash flows and profits since 2001, SNO!zone Holdings is making a substantial contribution to C&R earnings business.
SNO!zone is the ski operator which rents the real snow slopes in the three Xscapes. It is wholly owned by C&R, which built it up out of the bankruptcy of Leisurenet in 2001. It is the largest and most profitable indoor ski operator in the UK, but is facing increasing competition from new operators and venues.
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