There are many reasons why Brits are opting to enjoy a UK city break over an overseas holiday. From the cost to convenience, it’s no secret that UK holiday breaks are on the rise but what does this mean for the UK hotel market?
Well, its great news because it means accommodation of all capacities are seeing an increase in interest and occupancy, cities and towns are experiencing higher tourism levels and the economy is naturally benefiting.
City breaks have always been a nice way to escape for a weekend during the summer or winter months but many are now staying away for longer and extending their weekend break into a four or five-day trip.
What Does this Mean for the Hotel Market
As many are choosing to ‘staycation’, it increases the tourism market within each individual city and town which in turn has a direct impact on other industries and sectors including food & beverage, sporting, cultural and accommodation.
Last year, official figures highlighted that the UK experienced one of the highest occupancy rates across Europe in December (71.6%). Highlighting the UK’s bid for the European market and showcasing a promising start to 2018.
The unknown that still surrounds Brexit is another reason why short breaks and ‘staycations’ in the UK are becoming more popular. The uncertainty that surrounds the t&c’s of travelling and the weakened pound both mean that it’s easier and more affordable to stay in the UK and explore some of the cities closer to home.
Top City Break Destinations
Manchester is a city that has undergone substantial growth over the past decade or so and therefore has a lot to offer visitors.
Home to a thriving sporting, cultural, historical and musical, Manchester has something for everyone of all ages.
With a wealth of world-class hotels for all budgets, Manchester’s city centre has a diverse offing from budget B&B’s to 5-star boutique hotels that really are something special.
Whether you’re here to watch some sports, head to the theatre or head for a night on the town, Manchester is an eclectic, welcoming city that is perfect for a city break.
Liverpool is often regarded as one of the best cities in the UK, mainly because of its incredibly friendly nature and wealth of entertainment. On the weekends, thousands of visitors flock to the northern city to enjoy a famous night out, a cultural visit to see the two magnificent cathedrals or to explore the Albert Dock.
Liverpool is a city ideal for a city break with its small nature the city is easy to explore in just a few days.
London is high on many peoples list for destinations for a city break just because there is so much to see and do.
From Buckingham Palace to Soho, each area of London could be explored individually for days on end but cramming it into a city break may be a bit harder.
London has always had an overwhelming appeal to visitors both from the rest of the UK and Europe. But the growth of some of the other UK cities as city break destinations is possibly evening out the tourism market in the UK and people are going further afield.
Belfast is a magnificent city that is oozing with historical significance and for many is a little further afield than many other UK cities.
The Northern Ireland capital has a turbulent history that today makes it a fascinating city for people of all ages.
From the Titanic Quarter to Belfast City Hall and the Botanic Gardens as well as the thriving nightlife scene, there is plenty to keep visitors busy in Belfast. The tourism market is a little behind that of London but its quickly catching up and as a result, the hotel market in the city is thriving. There are a wealth of new and existing hotels under development which will attract a new breed of visitor and continue to cement the city as a top destination.
The hotel market in the UK has always performed well but it now seems that more than ever it is thriving and growing. There is plenty on offer including an eclectic mix of budget and boutique, and everything in between is having a great impact on those opting for city breaks and ‘staycations’ in the UK.
Did you know that you too can become part of the success? Investing in the hotel room can earn you impressing returns with full flexibility and no hassle, speak to Signature Investments today for more information.