Staycations could get cheaper for Brits next year amidst cost of living

Many Brits are now big fans of staycations after the Covid-19 pandemic stopped us from spending every holiday abroad.

Millions of us packed up the car and discovered new beauty spots in Cornwall, Devon, Scotland, the Yorkshire Dales and the Cotswolds.

However, one thing that may be putting lots of people off a UK trip is the cost – as staycations looked to outstrip all-inclusives in price in 2020 and 2021.

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This isn’t necessarily a surprise as when millions of people were unable to fly the demand for UK hotspots skyrocketed.

Thankfully, it seems that British staycations may become cheaper in 2023 compared to last year.

Now that flights abroad are back on and the majority of coronavirus travel measures have been dropped, demand and therefore prices have fallen, reports the Mirror.

AirDNA, which analyses the price of holiday homes across the UK and Europe, found that the price of a holiday let in the UK was £13 a night cheaper in September 2022 than 2021.

The rising cost of living fuelled by Brexit and the war in Ukraine has also left lots of people unable to afford a holiday this year further stripping demand.

In September there was a 5% fall in UK bookings, according to AirDNA, which has predicted a year-on-year reservation slump of 10% over the next six months.

Holiday let adviser Amanda Stecker told the Telegraph: "My clients are finding it harder to achieve the kind of income levels they were achieving this time last year and they are having to hold their nerve that bookings will come in eventually.”

The newspaper reports that Bristol and Bath have both seen a 17% fall in holiday let prices, while the cost of lets have fallen by 16% in Brighton and Hove.

Analysis by travel firm On the Beach found that a seven-day family break to Center Parcs in Sherwood Forest cost £3,558.

This is the cost of a lodge at £2,848 plus illustrative costs for food and activities.

In comparison, a week-long all-inclusive holiday to Greece was £1,451. This is a difference of £2,107.

In another example, a week’s stay at a National Trust property in West Sussex, would have cost a family of four £2,709.

In comparison, an all-inclusive stay at a four-star resort in Costa Dorada, Spain, would cost the same family £1,003 less, at £1,706.

Of course, there are always ways to bag a cheap holiday here in the UK at holiday parks and budget hotels.

Travelodge is currently selling off 1million rooms at £34 a night – which is just £8.50 per person for a family of four.

Meanwhile, Butlin’s is offering bargain holidays for families from £12.25 per person during the cost-of-living crisis.

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