Research by Cambridge & Counties Bank finds that 72% of UK holidaymakers expect a boom in UK staycations in 2020. Anna Tobin reports
The majority of UK nationals are expecting to holiday more in the UK next year, claims Cambridge and Counties Bank. The top reason given for the predicted increase in UK staycations, cited by 67% of respondents, is a drop in the value of the pound caused by Brexit. If Brexit results in a fall in the value of sterling, this will make foreign holidays more expensive. Other key reasons were a rise in the underlying costs of overseas travel and a rise in barriers to international travel, such as stricter visa requirements or tougher border controls as a result of Brexit.
When asked which UK destinations they expected to be the most attractive for UK staycations, respondents put Cornwall in first place, followed by the Lake District and Devon.
Top 15 UK destinations expected to see the greatest rise in UK staycations over the next three years
| Cornwall | 51% |
| Lake District | 43% |
| Devon | 41% |
| South Coast | 31% |
| Scottish Highlands | 24% |
| Peak District | 23% |
| Dorset | 23% |
| London | 21% |
| Cotswolds | 20% |
| Yorkshire | 18% |
| Edinburgh | 17% |
| South West Wales | 16% |
| Brighton | 16% |
| Norfolk | 13% |
| Kent | 8% |
Source: Cambridge & Counties Bank
Sign up now to download your No Deal Brexit Action PlanSign up to Ready for Brexit membership now and download your planning guide for a No Deal Brexit on 31 October 2019
NO DEAL BREXIT
ACTION PLAN
The No Deal Brexit Action Plan maps out the time available and the time required to undertake the processes to prepare your business for a No Deal Brexit.
Your business will need to modify or completely change procedures to prepare for Brexit. Brexlists help you take a rigorous and structured approach to your preparations:
- The Executive Summary Brexlist Brexit checklist, as its name implies, highlights the key issues
- The Business Functions Brexlist Brexit checklist maps onto the key business functions in a company
- The Directory Brexlist Brexit checklist maps onto the topic headings in our Brexit Directory
highlight what needs to be done, and by when, to ensure that all parts of your supply chain are prepared for Brexit:
- Identify the key questions for your business
- Share key learnings with your business partners
- Identify the key challenges and opportunities
- Highlight key internal and external priorities
BREXIT
DIRECTORY
The Brexit Directory is an extensive database of information and links organised by business function to help you find the information your business needs to know.