We all know how the COVID pandemic has had a dramatic impact on the travel industry and limited our holiday plans. As a result, people are rediscovering the UK and booking staycations instead of traveling abroad for their holidays. This is good news for hosts who have properties available to rent especially in popular UK holiday hotspots, coastal and country locations.
The gradual lifting of COVID restrictions within the UK will mean greater freedom and possibilities for local holidays. The strong demand for staycations is predicted to last for some time as the world grapples with the effects of the pandemic. Uncertainty, local and global restrictions, increased costs of travel, and more onerous travel requirements should fuel stronger domestic demand for local destinations in 2021 and beyond.
New research found that 73% of Britains were keen to take a leisure trip within the UK while just 19% planned to take their trip abroad after the pandemic restrictions have been lifted.
Self-catering properties both in cities and outside are expected to be in demand as they offer guests a higher level of freedom, a more unique experience, and space at reasonable rates compared to other types of accommodation.
Naturally, the demand for staycations has led to an increase in average nightly rental rates which is good news for hosts. Research by Which has indicated that prices have increased by 140% for holiday lets in certain UK season destinations and on average a 35% increase compared to the previous year.
In an interview with the BBC, Airbnb’s chief executive Brian Cesky has also shared his view that the pandemic has changed the way society thinks about travel, holidays, and accommodation with increasing demand for stays also outside of cities. He stated that “Cornwall is now more popular than London’ for summer bookings.
The most popular staycation destinations according to Travel Supermarket are:
- Cornwall – St Ives, Padstow, Newquay, Falmouth
- Devon – Branscombe, Croyde, Lyme Regis, Salcombe, Woolacombe, Ilfracombe
- Lake District – Windermere, Buttermere, Keswick, Glenridding, Watermillock
- North Wales – Anglesey, Llandudno, Conwy, Bangor, Caernarfon
- Scottish Highlands
- Norfolk Broads
- Isle of Wight
Obviously this list is doesn’t cover all the destinations of interest as it depends on the different types of holiday and activities holiday makers are looking for. We have seen increased demand for a wide variety of locations including seaside, rural and city breaks as things are opening up. Staycations are a welcome shift and boost to Great Britain’s leisure and hospitality industry.
HelloGuest manages a wide range of short let and holiday properties across the UK in city, coastal and rural locations – you can visit some of our properties available to book on our direct bookings site. We provide full management and advertise the property across a wide range of booking channels such as Airbnb, Booking.com, VRBO, HolidayLettings, Expedia and many more.
If you are thinking of hosting and have a property in a popular UK location then there has never been a better time to rent out your property. If you are considering the option and want some advice or management services then please get in touch with us.