Furnished Holiday Let - Bookings collapsed since COVID

I rent out my home as a FHL whilst away on holiday. Prior to COVID my annual bookings were between 110 and 169 Days per TAX year. Since COVID they are barely 40 Days per year. I thought the situation would get better, sadly it hasn't. I've completed my 2023-24 return with only 39 Days and to date in the current year its not looking promising. I understand that I need at least 105 days a year to qualify. Suggestions as to how best proceed as I would presume that my FHL no longer qualifies.

Hi ClentHills,
Thank you for your question.
The property must be let commercially as furnished holiday accommodation to the public for at least 105 days in the year. If the property is not let for at least 105 days, you have 2 options to make elections that can help you reach the threshold,
1. The averaging election – if you own more than one property.
2. A period of grace election – if your property reaches the occupancy threshold in some years but not in others.
Further information is available at: PIM4110 - Furnished holiday lettings: qualifying tests for 2011-12 onwards (IT and CT).
Thank you.