Tag Archives: saving money on holiday

Staycations v Vacations

With the pound having taken a big hit in recent months, it’s not hard to see how the temptation to choose to stay put in the UK rather than go abroad is growing.

We look at the factors – cost and otherwise – and try to work out which is best.

Staycation v Vacation

Hotels and location
GO – It often doesn’t just depend on where you go, but when you go. Whether you stay or go, school holidays are always likely to be more expensive.  Costs vary from country to country, and the pound doesn’t go as far as it did a year ago.  Popular western Mediterranean islands like Mallorca and Ibiza are also becoming premium destinations now, with good hotel rooms hard to come by, as security fears make many holidaymakers avoid certain hotspots that are now considered to be danger zones.  Bookings to Portugal and Spain are respectively up 23% and 22% since last year.

STAY – Hotel prices in the UK are often higher than a comparable hotel abroad – there are fewer of them, plus there’s competition from overseas visitors and businessmen. In addition, the sunny days are so infrequent that when it does look as though it’s going to be sunny, competition for rooms is high. But Devon, Cornwall and the Channel Islands are particularly popular right now, with ‘strong sales’ reported.  Continue reading

Home sweet home – a ‘staycation’ summer

Guest blog post from Tracey Davies, PayPlan

With summer holidays coming to a close, a lot of families will be thinking about heading off on a late holiday.

Mother and kids hiking in sunny forestBut if you’re trying to rein in your spending, you might find that it isn’t financially feasible to go far.

As the cost of living increases, the popularity of ‘staycations’ is soaring as more people opt to stay at home – however it’s not always the most affordable option.

With the cost of attractions, activities and eating out in the UK relatively high, it can still add up – but it doesn’t have to.

Being prepared can help you have a great holiday at home without breaking the bank and our tips can show you how.

Continue reading