The total impact on the economy during the January to July 2020 period as a result of self-catering related tourism business turnover lost and subsequent supply chain spend associated with this lost turnover was approximately £2.3 billion.
Economic modelling from SuperControl, the leading online booking and management system for holiday let businesses in the UK suggests that a further £79million of bookings are at risk of being cancelled during Lockdown 2.0, between 5th November and 2nd December.
This analysis only related to accommodation losses. It does not consider the knock-on effects from the cancellation of self-catering bookings for the footfall that other businesses (i.e. pubs and restaurants, attractions and activities) benefit from our guest spend.