The Brexit Winners: Dublin, Berlin, Frankfurt, Inbound Tourists and British Universities - 5. Tourists Visiting Britain
5. Tourists Visiting the UK
With the Pound at its lowest against the Dollar in 30 years and HSBC predicting the Pound to drop from the pre-referendum price of €1.35 to €1.08 by the end of this year, tourists visiting the United Kingdom are the the first winners of Brexit.
In a recent survey from one of Europe’s largest online travel agencies, KIWI.com, nearly 80% of 54,000 EU travellers would still visit the UK in the event of an exit result.
Now that shopping, hotels and restaurants will be significantly cheaper for visitors exchanging Euros or Dollars into Pounds, the UK becomes a much more economically viable destination for travellers.
Oliver Dlouhý, CEO of KIWI.com has said, “With the weak Pound, we expect to see more people booking flights to the United Kingdom and taking full advantage of all the country has to offer.”