{"id":388,"date":"2021-09-30T09:47:39","date_gmt":"2021-09-30T08:47:39","guid":{"rendered":"https:\/\/holidayletmortgageuk.com\/?p=388"},"modified":"2021-09-30T09:47:41","modified_gmt":"2021-09-30T08:47:41","slug":"staycations-could-inject-over-9bn-into-economy","status":"publish","type":"post","link":"https:\/\/holidayletmortgageuk.com\/staycations-could-inject-over-9bn-into-economy\/","title":{"rendered":"Staycations could inject over \u00a39bn into economy"},"content":{"rendered":"\n

A continued demand for staycations could see more than \u00a39bn injected into the UK\u2019s tourism economy.<\/p>\n\n\n\n

Barclays estimated that, should a preference for UK holidays continue at the same rate in 2022, it would add up to \u00a39.2bn to the domestic tourism market.<\/p>\n\n\n\n

While many Brits will be eager to swap Cornwall for Portugal next summer, the relaxing of international travel rules does not mean staycations are a lost cause.<\/p>\n\n\n\n

In its Leisure Rediscovered report, Barclays found that 45 per cent of consumers were more likely to opt for a UK holiday than before the pandemic.<\/p>\n\n\n\n

Contact us today to speak with a specialist\u00a0Holiday Let Broker<\/a><\/strong>\u00a0to discuss how we can assist you<\/em> <\/p>\n\n\n\n

The Lake District, Scottish Highlands, and Dorset were among holidaymakers top destination choices in the country.<\/p>\n\n\n\n

Less than one fifth (19%) of people surveyed were now more likely to go on holiday abroad, while 36% said their holiday preference has not been changed by the pandemic.<\/p>\n\n\n\n

Barclays estimated that hospitality and leisure\u2019s contribution to GDP would be \u00a33.5bn higher between April and December than it was in 2019.<\/p>\n\n\n\n

Discover our Holiday Let Mortgage Broker<\/a><\/strong> services.<\/em><\/em> <\/p>\n\n\n\n

Mike Saul, head of hospitality and leisure at Barclays Corporate Banking, said: \u201cAfter a very difficult period for the hospitality sector, it is great to see how well the sector has bounced back. Our findings show an industry brimming with confidence and buoyed by surging revenues.\u201d<\/p>\n\n\n\n

On average Brits are going on three city breaks this year and spending on average \u00a3414 on a holiday, according to the 2021 Travelodge City Holiday Index.<\/p>\n\n\n\n

Holidaymakers will spend \u00a317.08 more than the 2020 city break average spend of \u00a3396.92, according to the hotel chain\u2019s survey.<\/p>\n\n\n\n

By Emily Hawkins<\/em><\/p>\n\n\n\n

Source: City AM<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A continued demand for staycations could see more than \u00a39bn injected into the UK\u2019s tourism economy. Barclays estimated that, should a preference for UK holidays continue at the same rate in 2022, it would add up to \u00a39.2bn to the domestic tourism market. While many Brits will be eager to swap Cornwall for Portugal next […]<\/p>\n","protected":false},"author":2,"featured_media":151,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[6,10,4],"acf":[],"yoast_head":"\nStaycations could inject over \u00a39bn into economy<\/title>\n<meta name=\"description\" content=\"A continued demand for staycations could see more than \u00a39bn injected into the UK\u2019s tourism economy, Barclays has estimated.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/holidayletmortgageuk.com\/staycations-could-inject-over-9bn-into-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Staycations could inject over \u00a39bn into economy\" \/>\n<meta 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