A new report from Sykes Holiday Cottages demonstrates that bookings for UK holiday lets remains up on pre-pandemic levels, with the latest figures demonstrating a 16% increase in bookings for the Easter period. 

According to The Holiday Letting Outlook Report 2023, the average Sykes owner saw a turnover of £24,000 last year, 59% up on 2019. This rises to £33,000 for a three-bedroom property, and £57,500 for a let with five beds or more.

For those weighing up what to invest in, hot tubs continue to be the greatest boost for revenue, adding 37% to average incomes, while pet-friendly properties could earn owners 31% more, and WiFi could add 26% in income.

Meanwhile, the report went on to look at how holiday let owners are responding to the ongoing conversations around the need for further regulation in the sector. According to a poll of UK holiday home owners commissioned for the report, a quarter are very worried about the potential of new regulations or fees being enforced, with a further 52% somewhat worried.

However, despite the UK government’s Call to Evidence last year, holiday let owners’ sentiment remained strong, with new owner enquires up 173% versus 2019, the firm said.