- Family staycations to jump from 29% to 37% in 2017 (Travelzoo)
- Inbound visitor numbers hit record levels in Nov 2016, up 17% in 1 year (ONS)
- Blended UK holiday homes and investments set to benefit from Brexit (Properties of the World)
The UK’s tourism industry is looking forward to a bumper summer this year, if current trends continue to play out.
According to Travelzoo, 37% of Brits plan to take their main holiday in the UK in 2017, compared with 29% in 2016. Pre-Brexit wobbles and an austere budget are no doubt playing their part in families’ plans, but it’s not just cautious Brits who are choosing to spend their leisure time in the UK.
The country is also proving an attractive destination to overseas visitors. Figures from the Office for National Statistics (ONS) show a trend of increasing inbound visitors over the course of late 2016.
Visits by overseas residents to the UK increased by 1.5% in July to September 2016, when compared with the same quarter of 2016. November then saw a record-breaking month for inbound tourism, with numbers leaping by 17% compared with November 2015 and spending up by 14%, at 3.1 million visits and £1.7 billion respectively.
“The charms of the UK as a holiday destination have never been greater. For UK-based families, it’s a chance to take a break without the hassle of long-haul travel, luggage restrictions and bumper flight prices over the summer holidays. For those from overseas, the UK represents great value for money – something which the triggering of Article 50 may well boost further.”
Jean Liggett, CEO of visionary property investment consultancy Properties of the World
It’s not just short-term circumstance that is causing families to look to the UK. Adventurous investors are looking at the country’s longer-term potential, with investments like Afan Valley Adventure Resort in South Wales bringing a new dynamic to family breaks.
Investment at the resort is from £149,000 for lodges and luxury villas, with returns of 8% NET for 7 years. Families who invest can enjoy 2 weeks’ personal use of their investment property each year – ideal for those looking to enjoy one of the most breath-taking areas of the UK during their summer break.
There will be a kaleidoscope of adrenalin-fuelled and health and wellbeing activities at the resort. These will range from fabulous spa facilities to more active pursuits, including a water challenge, high jungle rope zip-lining, parachuting and a host of challenges to test teamwork and stamina. The resort promises an action-packed adventure for the whole family and is the ideal way to enjoy the best of the British countryside.
With so much to do on-site, and the ease with which Wales can be accessed, the appeal of such blended holiday and investment destinations is clear. A holiday home for the whole family that’s also a hands-off investment can provide regular income without the usual hassle of cleaning, repairs and garden maintenance that a fully owned holiday home brings with it.
Afan Valley also offers a lower cost investment option. Land plots are available for £25,000, with a mark-up of 10% per annum for three years and an assured buy-back of 125%. They are ideally suited for families looking to take on a smaller investment, or to spread their investment portfolio across a wide range of assets.
“Resorts like Afan Valley are ideal for adventurous families looking to enjoy the best of the UK, from its scenery to its property investment opportunities. With Brexit about to become reality, UK investments with outstanding lifestyle benefits such as this one are well positioned for a rise in popularity.”
Jean Liggett, CEO, Properties of the World