Money Wellness

cost of living

Published 25 Sep 2023

3 min read

New reforms could make staycations cheaper next year

Brits staying in the UK for their holidays could find their breaks cheaper next year after the government began a consultation process aimed at making the staycation sector more competitive.

Image of a British beach with holidaymakers on it in the background and someone holding an ice cream cone in the foreground
Caroline Chell - Money Wellness

Written by: Caroline Chell

Head of Communications

Published: 25 September 2023

The new rules should also lead to UK holiday makers having more choice and protection - potentially from the likes of ATOL – which is similar to what they’d receive if they holidayed abroad.

The consultation will use feedback from tour operators, travel agents, regulators and consumer groups before any changes are finalised.

Staycations have boomed in recent years with travellers wanting to keep holidays costs down during the cost of living crisis, with many saying they find staying in the UK generally less stressful than travelling abroad.

UK operators saw a huge surge in bookings this year with a 28% increase in demand for UK holidays, with Brits predicted to spend £25.9 billion on holidaying at home in 2023.

With stunning coastlines, countryside escapes and vibrant city breaks on offer, there’s plenty the UK has to offer for holidaymakers who’d prefer to stay at home.

How to get the best deal on your next staycation break

Shop until you drop  

It might sound obvious but shop around before you book. There’s plenty of comparison websites online that can help you spot a bargain.

Get in touch

Speak directly to the hotel or operator. Some hotels and operators have exclusive offers for people who book directly with them or might offer a last minute deal to fill their rooms. It’s always worth a quick phone call to see if they can beat the online price you’ve been offered.

Book in advance

Last minute offers can seem tempting, but you’ll probably get better deals booking in advance. If you know your holiday dates for next year, start shopping around now and see if there’s any early bird offers available.

Bend over backwards

Be opening to tweaking your dates – you’re more likely to grab a bargain if you’re flexible. Moving your holiday by a day or two either side of your preferred date can bring down the price considerably.

Haggle

Don’t be afraid to speak to the hotel or operator and haggle. Even if they’re not prepared to drop the price, they might offer you a room upgrade or other perks such as free meals or drinks.

Cookie monsters

Clear your cookies when booking online. If you’ve been searching for holidays for a while, it might be beneficial to clear your cookies before booking. Cookies are data stored on your browser that tell websites you visit where you’ve been looking. Clearing them might stop websites hiking up prices because they can see you’re in the market to make a booking.

Days and times matter

Watch the day and time you book. The best day of the week to book a UK holiday at the lowest rate is Saturday. On average holidays are at their cheapest at 4pm – the time and date of your booking makes a difference.

Caroline Chell - Money Wellness

Written by: Caroline Chell

Head of Communications

Caroline has worked in financial communications for more than 10 years, writing content on subjects such as pensions, mortgages, loans and credit cards, as well as stockbroking and investment advice.

Published: 25 September 2023

The information in this post was correct at the time of publishing. Please check when it was written, as information can go out of date over time.

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Caroline Chell - Money Wellness

Written by: Caroline Chell

Head of Communications

Published: 25 September 2023

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