It’s now just over a year since the UK voted to leave the EU.  The move has affected different industrial sectors in various ways and, certainly, there’s destined to be more drama to come. To understand how Brexit has affected one industry, tourism, Lycetts, a provider of insurance for arcades recently took a closer look.

THE UK REMAINS A POPULAR DESTINATION

VisitBritain stats show visitors spent a record £2.7 billion in January and February 2017. It’s a significant increase of 11 % compared to 2016’s figures over the same two months.

Earlier this year, Patricia Yates, VisitBritain’s director enthused, “Britain is offering great value for overseas visitors and we can see the success of our promotions in international markets. We must continue to build on our message of welcome and value in our high spending markets such as China, the US and the valuable European market.”

There’s research to suggest that the UK remains popular to overseas visitors. When surveying over 7,000 international holidaymakers, Barclays’ Destination UK report found that 97 % want to see the UK. 60% mentioned that they were now more interested in visiting the UK than they were 12 months ago. International visitors boost the UK economy. The report highlights that their average spend on accommodation is £667, £453 on shopping and £339 on food and drink.

BRITS SEE THE UK AS A POPULAR DESTINATION

The rise of the staycation is here. According the ABTA Travel Trends Report The number of domestic holidays that were taken across the UK increased from 64% in 2015 to 71 % in 2016.

Barclays also found that a third of adults across Britain are choosing to holiday closer to home this year. 40% of those who are looking at a UK-based holiday had their minds set on a city break. 37% are more inclined to visit and stay in a rural spots.

With the staycation trend witnessing an increase in popularity, The Barclays report has found that the UK’s economy is receiving a further boost. It’s because the average visitor taking a trip within the UK spends an average of £309 on accommodation throughout their staycation, as well as £152 on eating out, £121 on shopping and £72 on holiday parks.

A PLAN TO MAKE BREXIT A SUCCESS FOR THE TOURISM INDUSTRY

There’s is plenty to suggest that the UK’s tourism scene is in good shape and ABTA wants the UK Gov  to continue focusing their efforts.

They want to maintain our ability to travel freely within Europe and beyond, Keep visa-free travel between the UK and the EU, protect valuable consumer rights, and ensure UK travellers have continued access to either free or reduced cost medical treatment. They also want to give UK businesses operational stability and seizing opportunities for growth. “We want to work with the Government to help make Brexit as successful as possible,” stressed Mark Tanzer, the CEO of ABTA.

SOURCES:

https://www.barclayscorporate.com/content/dam/corppublic/corporate/Documents/Industry-expertise/destination-uk.pdf

https://abta.com/assets/uploads/general/ABTA_Travel_Trends_Report_2017.pdf

https://www.visitbritain.org/sites/default/files/vb-corporate/Documents-Library/documents/how_the_world_views_britain_2016_08.12.16.pdf

https://www.visitbritain.org/forecast

https://www.abta.co.uk/assets/abta%20Brexit%20Report%202017.pdf