UK ‘staycation’ boom set to carry into 2022

The ever-changing restrictions on travel abroad have meant that many people have turned their attention to the
UK’s holiday ‘hotspots.’ Yet, new figures released today indicate that the boom in the UK holiday market is set to
continue well into 2022 as nearly half of people are planning to stay local next year.

The research from Square, the digital payments company for businesses, suggests that many are playing it safe
and sticking to destinations they know and like as 6 in 10 people have re-booked a UK holiday destination they
have visited before. 1 in 10 people intend to holiday in the UK for at least the next three years until the pandemic is
over.

Surprisingly, young adults aged 18-24 are the main group driving the ‘staycation boom’ as they are spending the
most on local holidays with the average person spending £458 vs the national average of £377.

Aston spoke to Nick Harris, UK market lead at Square.

Photo by Sai Kiran Anagani on Unsplash