Many UK holidaymakers mistakenly think that a staycation is cheaper than a trip abroad. However, analysis by travel experts shows an all-inclusive trip overseas is now likely to cost less than a break at home. The new study also showed 29 per cent of those polled thought they would not be able to afford a holiday abroad this year.
According to online travel firm On the Beach, which commissioned the survey and whose experts analysed pricing trends for holidays at home and abroad, a family of four can save an average of £887.51 and as much as £2,001,56 on an all-inclusive foreign holiday compared with an equivalent stay at a staycation favourite. For example, in one case a seven-day family break in Devon was found to cost an eye-watering £2,949, while a week-long all-inclusive holiday to Greece was just £1,918, a difference of £1,031.
To show how far people’s money can really go, experts at On the Beach have created the ‘Staycation Inflation’ calculator. The holiday specialists compared the most popular UK destinations with European holidays, and rated each on the following factors:
