Inflation, Energy and Last-minute Breaks Boom

Posted by Colliers on 31st August 2022 -

As we embark on the last few weeks of the UK school summer holidays it appears that once again the staycation may have become the preference for holidaymakers this year.

Operators are reporting that last-minute domestic bookings have picked up as airlines and airports have made it clear that they’re unable to cope with consumer demand due to lack of staff and sickness; the UK’s busiest airport has even put a daily limit on their capacity numbers – something we’ve never seen before.

Towards the end of last year some sub-markets were already exceeding 2019 RevPAR levels, such as the coastal towns of Bournemouth, Blackpool and Plymouth, and many other markets were achieving higher average daily rates. 

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