With the cost of living crisis forcing households to cut costs, many may have decided to ditch holidays abroad in favour of a UK getaway - but this could leave you even more out of pocket, according to new research.
Research by On the Beach found that almost two thirds (63%) of Brits admitted to the cost of living having a negative impact on their holiday plans, with 41% of people saying they planned to have a UK 'staycation' rather than travelling abroad. But the travel experts found that an all-inclusive holiday abroad for a typical family of four during the October half term, including flights, accommodation, transfers and ATOL protection, cost £1,025 less on average than a UK getaway.
Comparing UK stays with popular European destinations showed a huge difference in prices, suggesting that Brits could collectively be paying an extra £28 billion by choosing not to go abroad for their holidays. A seven-day family break to Center Parcs in Sherwood Forest was found to cost £3,558 - compared to a week-long all-inclusive trip to Greece which would set holidaymakers back just £1,451, WalesOnline reports.
