Domestic Break

Staycation Trend To Rise

Posted on July 3, 2014
stay

Domestic tourist expenditure is forecast to grow by 25% over the next four years.

Staycation Trend To Rise

Spending from staycationers is set to rise by around 25% over the next three years, according to a new report by Barclays.

Overall spending by UK domestic tourists is forecast to rise to £108 million between 2013 and 2017.

The forecast is based on the recovery staying on track without people immediately switching back to their pre-recessionary holiday habits with trips abroad. Barclays said the hospitality and leisure sectors will benefit most from the staycationing trend, with spend in pubs and restaurants forecast to rise 26% to £37bn as more people dine out.

UK-wide hotel and B&B spend is expected to increase by 25% to £17bn, with leisure attractions going up 27% to £15bn and shopping rising 23% to £15.6bn.

“The economy is improving and confidence is certainly growing,” commented Mike Saul, head of hospitality and leisure at Barclays. He added: “With domestic tourism set to be big business for the UK’s hospitality and retail sectors, those with a clearly targeted strategy are set to benefit.”

Staycation Is Here To Stay

Posted on February 12, 2014

Staycation Is Here To Stay

Four in five Brits take a UK-based holiday every year.

Latest figures reveal the number of UK holidaymakers choosing a domestic break has remained at a steady 80 per cent since 2012 and looks set to continue.
Only one in five Brits still don’t consider staying in the UK for a holiday.
According to the poll by cottages4u, the most popular reason for holidaying at home is the affordability, closely followed by a desire to explore the British countryside. In third place is the ease of travelling with a further 17 per cent of people admitting hidden airline costs had put them off overseas travel in the past.
Of those questioned, 68 per cent said the Olympics and Jubilee celebrations hadn’t changed their opinion of the UK, suggesting our affection for the British break was already well established.