The cost of living, cold weather and a surplus of holiday lets have hit rental property owners in both cities and the seaside
Is the British staycation boom over? Short-term holiday rentals experienced a surge in recent years, especially during the pandemic, when Britons stayed at home in the UK, leading to a spike in rates.
However, holiday-let owners across the UK are reporting a significant fall in bookings so far this year as the sector feels the effects of the cost of living crisis, poor weather and an increasingly saturated market.
Continue reading…
