The last few years have been challenging for many of us. It’s no wonder getting away from it all continues to be so important to many Brits. That’s reflected in the latest Office for National Statistics (ONS) consumer trends report. It reveals that we spent record amounts on holiday staycations last year and that our spending overseas only fell slightly short of 2023’s record amount.
The report reveals that Brits spent £183.1bn on hotels in 2024 and £40.4bn on other types of accommodation, from B&Bs to short-term holiday lets. Both these amounts smashed our spending totals for 2023, which were themselves a record high. Back in 2023, we spent £175.1bn on hotels and £38.7bn on other accommodation.