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UK’s ‘staycation’ summer fails to lift hotel profits as costs climb
UK's 'staycation' summer failed to raise hotel profits because costs are climbing. Furthermore, disruption fears stemming from the Iran war slowed overseas travel bookings earlier this year.
Related Signal
Adjacent reporting
- UK summer bookings jump as Britons put off overseas holidays by travel fears
- Holidays take a hit as UK cost of living fears and Iran war bite
- Boost for Brits' summer flights as jet fuel cost falls 10% in biggest drop since Iran war began - but experts warn prices could 'easily spike again' and won't result in cheaper tickets
- War in Iran Likely to Impact Summer Travel Costs
- Holiday bookings surge in markets hit by Iran crisis
- EasyJet summer holiday bookings down on last year amid Iran war uncertainty