Staycations are the buzz word for 2013
Household budgets are being squeezed so much that families are opting for a 'staycation' this summer as holidays overseas are proving to be the more expensive option.
Between 2011 and 2012, the number of Britons choosing to take a holiday in the UK rose from 35% to 41%. Many industry insiders believe that this figure will rise to 65% in 2013 as families tighten their purse strings even further. Popular destinations for the 'staycation' are London, Edinburgh and the Lake District, all of which replace previous favourite of Cornwall.
The survey, commissioned by Travelodge, has shown that 42% will holiday for one week this summer, 15% for two weeks with a third of those people surveyed opting for three domestic short breaks. People living in Wolverhampton, Liverpool, Cardiff, Chelmsford and Manchester are the most likely to take a 'staycation' this year. The hotel chain believes that this surge in 'staycations' will boost UK Tourism Industry by £3.3 billion compared to 2012.
However, a separate study carried out by Thomas Cook shows that the UK might not be the cheaper option as first thought. This survey has found that a typical basket of holiday items from a glass of wine to a meal and ice cream costs £125.74 making the UK the second most expensive destination after Sydney, Australia where these items cost £157.96. Travel and accommodation were not featured in the Thomas Cook survey meaning that this is where you can make huge savings if you opt to stay at home.