Tax For Furnished Holiday Lets | Expert Advice
As of 6th April 2025, the Furnished Holiday Let tax scheme has ended. However, there are still some aspects...
We are delighted to announce our popular Market Insights report for another year. Using data and statistics from our parent company Sykes Holiday Cottages, plus our annual consumer survey results, we reveal how the holiday let market is performing in Cornwall.
Read on for a summary of our report, including an overview of holiday let booking trends, occupancy levels and income in 2024, plus tips for optimising your property.
To download a full PDF copy of the report, please click here.
Use the quick links below to learn more about a specific area of the holiday letting market, or read on for an overall breakdown of our Market Insights Report:
At Cornish Cottage Holidays, 2024 was another strong season for bookings, despite the current economic climate.
We saw slightly lower overall occupancy rates in 2024, due to a challenging winter period with relentless wet weather. However, late spring, summer and autumn performance was strong, with an average occupancy of 83% throughout the summer.
Overall, bookings per property increased by 1.6% and revenue per property increased by 1.4% compared to 2023, driven by an increase in customers making multiple short break bookings.
Here are some key statistics on how Cornish Cottage Holidays performed in 2024, and the agency’s key achievements for the year:
Here are some of our top performing properties from 2024. Figures are correct as of 10/01/2025.
Sea View
St Buryan
67 bookings in 2024, 8 already for 2025
Lantern Cottage
Padstow
66 bookings in 2024, 23 already for 2025
Sun Rise
St Buryan
57 bookings in 2024, 5 already for 2025
Owls Roost
Near Falmouth
56 bookings in 2024, 13 already for 2025
Rose Villa
Newlyn
48 bookings in 2024, 27 already for 2025
In addition to excellent marketing exposure, Cornish Cottage Holidays offers dynamic pricing tools, giving owners the ability to maximise their income as well as booking numbers. We automatically adjust prices in line with demand by analysing searches, booking trends and individual property performance.
Owners that take our advice and utilise our dynamic pricing tools, on average see 6 additional bookings and 21% more revenue per year, compared to properties that do not allow us to amend their prices.
Similarly, those that take our advice on where their base price should sit, earn on average 42% more revenue than owners who set their own pricing.
If you’d like to find out how much your holiday home could earn, one of our New Property Consultants would love to visit and give an honest appraisal of its income and booking potential. Or, if you are thinking of investing in a property and would like some free advice, we can help with that too!
Visit our Let your Cottage page to book your free, no-obligation visit.
We are seeing demand for short stays consistently growing each year.
24% of our bookings in Cornwall were for short breaks of three, four or five nights. This is a rise from 22% in 2023, however still lower than counties such as Devon and Dorset due to the longer drive time.
Our average length of stay in 2024 was 5.68 nights; a decrease from 6.14 nights the previous year.
Last minute bookings are now the rule, rather than the exception.
23% of our bookings in Cornwall were made within four weeks of the holiday start date. This is a 2% increase from the previous year.
In August, 2% of all our bookings in Cornwall were made between 4pm the day before arrival and 12 noon on the day of the holiday start. Searches for last minute holidays peaked in July and August, and bookings from June onwards had an average of 9% shorter lead time than last year.
Ensure that your property accepts last minute bookings and enlist the help of an agency or caretaker if you require support with facilitating last minute changeovers.
For more tips, read our guide to preparing your holiday let for last minute bookings.
We’ve seen a 60% increase in searches for pet-friendly holidays since 2019.
We’ve also seen an increase in more specific property searches, such as ‘dog-friendly cottages in Cornwall by the sea’, ‘dog-friendly cottages in Cornwall with enclosed garden’ and ‘luxury dog friendly cottages Cornwall’.
Properties accepting pets earn an average of 2.5 more bookings and 18% more revenue than those that don’t accept pets.
Learn more about preparing your holiday let for pets in our blog on making your holiday let dog friendly.
Hot tubs are our second most searched-for holiday criteria after pets, and installing a hot tub could boost your revenue by 37%.
32% of guests consider a property’s garden or outdoor space when booking a holiday. It’s a good idea to have some outdoor seating for guests looking to dine al fresco in the Cornish sunshine!
27% of guests consider good Wi-Fi or technology when booking a property.
As well as reducing your running costs and future proofing your business, considering your environmental impact can be a great way to accelerate your bookings.
74% of the UK public say they want travel companies to offer more sustainable choices, 65% would prefer to stay in accommodation if they knew it had sustainable certification, and 43% would be willing to pay more for sustainable options.
We have also seen an increased demand for properties with EV charge points. Holiday cottages with EV charging facilities receive around 260 searches per month on Google.
With only 5% of our properties currently having an EV charger, this is a great chance for owners to make their accommodation stand out from the crowd.
Wondering how to get started with sustainable holiday letting? Read our blog on making your holiday home eco-friendly!
At Cornish Cottage Holidays, we’re proud to offer owners the ‘best of both worlds’; hands on support and local knowledge from here in Cornwall, combined with the huge national marketing reach of Sykes Holiday Cottages.
All properties that join us are listed on both the Cornish Cottage Holidays and Sykes Holiday Cottages websites.
Here are some of our marketing insights for 2024, and ways we have secured bookings for our owners:
Do you own a holiday home in Cornwall, or are you thinking of letting your second home? Our 2025 Market Insights Report is an essential resource, filled with useful statistics and pointers for letting your holiday property, whether you’re an experienced owner or just thinking of buying.
To download a full copy of the report, complete the form below. Our team will also get in touch to send you a copy of our holiday home Owners Guide.
Discover how a local brand with national reach can work for you. With over 50 years of letting experience, we pride ourselves on delivering the bookings you deserve.