The airline’s chief executive Eddie Wilson disputed earlier forecasts from Premier Inn that it was expecting a “significant bounce in leisure demand in our tourist locations”.
Speaking at Routes Reconnected, Wilson said the UK and Ireland “lacked the infrastructure for staycations”.
“It will all be forgotten about once people can go to Spain and the Greek islands any day of the week,” he said.
Ryanair would not add capacity onto domestic networks this summer unless the UK government “did something with APD”.
“There is certainly room to do something, but not because of the overwhelming staycation pent-up demand, of which none exists,” Wilson said.