It might be the most wonderful time of the year but it is, of course, one of the most expensive. We all want to give our loved ones the best time, so how can we do that without breaking the bank?
Staycations are one way to help lower the ever-creeping costs of holidays during the festive season, so it’s no wonder that they are rising in popularity. In fact, a report published by CWT and GBTA has found that the cost of air travel, hotels and ground transport is set to rise for a second consecutive year.
Last year the 2019 Global Travel Forecast, which reviewed data from more than 60 countries to determine travel industry trends, predicted a 2.6% rise in the cost of air travel, and a 3.7% rise for hotels. Unfortunately not much is changing next year, with it reporting further price increases for flights, hotels and rental cars.