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‘Tourist tax’ uncertainty raises concern among the UK holiday rental sector

Reading Time: 2 minutesUK: Following the UK government‘s proposal to allow regional mayors to levy charges on overnight stays, the industry warns how the move will impact margin and local tourism. While the proposal aligns England with destinations such as Paris and Milan, many in the short-term rental sector say the timing could not be more challenging. A […]

PriceLabs report shows London holiday let prices surged 17% despite fewer bookings

Reading Time: 2 minutesUK: According to the latest PriceLabs STR Index, holiday let prices in London increased by 17% year-on-year in June, despite a 10.9% drop in occupancy compared to the previous year. This surge in prices occurred during one of the hottest Junes on record, with fewer travellers opting for stays in the capital. The Index, which […]

Holiday let investment rises due to staycations

investment

Reading Time: 2 minutesUK: Sources across the UK property investment market are seeing significant growth in investor interest in holiday lets. Increased demand in UK staycations after the end of the holiday ban is attributed as a key reason for this jump. According to leading cottage rental agency Sykes Holiday Cottages, inquiries from second homeowners to list on […]