Sykes Holiday Cottages, members of MWT Cymru, have shared their latest insights from their third installment of their annual Holiday Letting Outlook Report 2024.
They’ve explored the ins and outs of the UK's short-term accommodation market following an eventful year. Staycations have been on the rise for a decade, and now, the demand for UK holiday cottages is at an all-time high. By analysing their own booking and income stats, Sykes have explored how the market performed last year and what to look forward to in 2024 and beyond. Here’s a brief overview:
Sustainable Travel Sykes are committed to fostering sustainable growth in the holiday let sector by helping owners manage their properties responsibly and benefit local communities. This includes encouraging guests to support local businesses, recycle, and reduce energy use. They also recommend building partnerships with local businesses to provide guest discounts and opening their property to year-round bookings to keep properties from sitting empty. For more information, head over to their website for the full downloadable version of Sykes’ Holiday Letting Outlook Report 2024.
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