10-15% tourism drop in UK's Devon due to rising costs; cheaper overseas holidays preferred.
Devon, a UK tourist hotspot, faces a 10-15% drop in tourism due to rising costs, including accommodation and coastal property prices. This makes staycations unaffordable, causing a preference for cheaper overseas holidays. Local businesses report mixed fortunes, with some seeing increased sales during summer months, but independent businesses express concerns about the lack of support and closure risks.
August 24, 2024
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