The cost of living crisis is having a significant impact on people's holiday plans this year, research by MyHome.ie shows.
Nearly half of prospective homebuyers surveyed by the property website said they will holiday differently this year.
63% said they believe they will get better value by holidaying abroad, while just 34% of those planning one main holiday said they plan to holiday at home.
Most respondents said they believe hotel prices and holiday home prices in Ireland are more expensive now compared with previous years.
Furthermore, nearly half of those surveyed said they would rather rent a holiday home in Ireland than stay in a hotel.
According to the survey respondents, Kerry, Galway and Donegal are the top three favourite Irish counties in which to holiday.
"The cost of living crisis has had a significant impact on people for the past year, and now we are seeing that effect on the holiday market," said Joanne Geary, Managing Director of MyHome.ie.
"It is clear that many people feel priced out of the Irish holiday market this year, and many of them have had to adapt and be flexible in order to get a much-needed break," she said.
Ms Geary said MyHome.ie recorded a 36% jump in the number of enquires for holiday homes listings both at home and abroad in the first five months of this year compared to the same period in 2022.
