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20/09/2020

UK WIDE SURVEY:  IMPACT OF ‘RULE OF 6’

This is a really short survey and will enable us to add the impact of the Rule of 6 into the wider Self-Catering Covid impact report. This is the data that we need in order to lobby Government on your behalf, so as expressed above please take three minutes and fill in this short survey, it’s just a click away. https://survey.sogosurvey.com/r/oqdbNM.

The survey will close at 0900 on Thursday 24th September.

The full survey itself will be published next week.

INITIAL RESULTS FROM SURVEY INTO IMPACT OF COVID ON THE SECTOR

Some headlines that we can already draw from the responses to the Covid Impact are:

82% of businesses have re-opened and are operating at 76-100% capacity

The average percentage change in turnover for the January to July 2020 period for all businesses was -54%.

47% of businesses said they had not accessed any of the UK business support schemes. Of those did, 19% benefitted from VAT reduction of 5%, 18% Bounce Back Loans and 14% had accessed the Coronavirus Job Retention Scheme (CJRS) – Furlough scheme.

Businesses were asked how they managed their guests’ bookings during lockdown. 45% of guests were refunded whilst 42% had deferred their bookings. 6% of guests were credited for their bookings whilst 3% were not refunded. 4% of guests did something else.

12% of businesses said their business had suffered from Credit Card Chargebacks.

Top 5 priorities (from a predefined list) which they would like to see become available to help their business survive and grow over the next 12 months the results were as follows:

Priority 1: Repeat of the Small Business Grant scheme (67%)

Priority 2: New Discretionary Grant for those who haven’t benefited from any previous support (35%)

Priority 3: Extension to the 5% VAT reduction (30%)

Priority 4: Extension to the business rates holiday (29%)

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