Vacationers are expected to spend a whopping £ 62 billion on staycations this year

0

Holidaymakers are expected to spend a whopping £ 62 billion on staycations this year as hotels, cottages, campgrounds and caravans are fully booked months in advance.

  • New research shows that four out of five Britons are planning a staycation in 2021
  • Economists estimate that lockdown saved families an additional £ 170 billion
  • Some hotel providers are overwhelmed by the demand for places to stay

According to travel industry experts, vacationers are expected to spend as much as £ 62 billion on staycations this year.

Hotels, cottages, campsites and caravans are fully booked months in advance, amid the uncertainty that foreign travel is allowed.

Robin Hutson, chairman of the Pig Hotels and Limewood Group chains, said: “Since the beginning of the year, we have been overwhelmed by the demand for staycations. Currently we are 92 percent booked up to the end of September. ‘

Hotels, cottages, campsites and caravans are fully booked months in advance, amid the uncertainty that foreign travel is allowed.  Cottages can be seen above in Lower Slaughter, the Cotswolds

Hotels, cottages, campsites and caravans are fully booked months in advance, amid the uncertainty that foreign travel is allowed. Cottages can be seen above in Lower Slaughter, the Cotswolds

Bosses at Center Parcs report “very strong demand” for both summer and fall vacations, and a spokesperson added, “We are also seeing bookings further afield.”

According to four out of five Britons, they plan a stay in 2021 holiday cottages.co.uk

Meanwhile, research from Visit England shows that 20 percent of people are confident they can take a break in May, rising to 38 percent in June, 52 percent from July to September, and 62 percent from October.

Center Parcs bosses report “very strong demand” for both summer and fall vacations, and a spokesperson added: “We are also seeing bookings further afield.” The outdoor rapids at Center Parcs Longleat can be seen above

With Bank of England economists estimating that families have tucked away an extra £ 170 billion as a result of Covid-19 restrictions, industry insiders hope they will spend a little more than usual.

Daniel Thompson, Managing Director of Mullin Cove in Cornwall, said he has noticed customers adding extras to their stay, explaining, “People seem to be freaking out a bit more – our higher standard rooms were booked up earlier than our standard rooms.”

He added: ‘We are sending people away. We are at 100 percent occupancy until mid-September. ‘

Peter Ducker, chief executive of the Institute of Hospitality, said, “ If four in five people start enjoying a staycation this year, it will be a godsend as it will bring much-needed income. Staycations may be the only choice people have for a vacation right now. ‘

Visit England estimates that £ 62 billion will be spent nationwide and Director Patricia Yates said: ‘Our latest research shows that the South West of England is the captain of staycations for spring this year.’

Advertisement