Where does the UK travel? Brexit consequence for the Hotel sector in Europe

According to the Great Britain Office for National Statistics, in 2015, UK travelers spent abroad more than 680 millions nights many of which in Europe (61%) with a total expenditure of 24 billion £.

These are the numbers that Europe tourism could partially lose after Brexit, but which countries will be affected the most by this situation?

The study conducted by Mazars reveals that most of UK travelers spend their time abroad in the south of Europe, especially in Spain (36%), France (19%) and Italy (8%).

Lo studio, condotto da Mazars, rivela che la maggior parte dei viaggiatori provenienti dal Regno Unito trascorre il proprio tempo di permanenza all’estero nel sud dell’Europa, in particolare in Spagna (36%), Francia (19%) e Italia (8%).

According to Spanishinstitute of statistics the 23% of about 65 millions of international arrivals,is from UK (2014 data). Significant percentage for the Spanish tourism industry,that may be hit by the side effects of the Brexit in the mid period when UKwill exit from UE.

According to ISTAT (Italiannational statistics office), Great Britain generated in 2014, 6% of the internationalarrivals in Italy. It is predictable that for Italian tourism, there won’t be remarkablenegative effects, but it is possible to register a slight compression of thedemand in the mid period.

Collected data showed thatmost travelers from UK goes abroad for holiday purpose with and average at aEuropean level of 68%. This percentage increases in south Europe countries with88% of arrivals in Greece and 87% in Spain. On the other side northern countriesregister higher business tourism with 23% in Belgium and 21% Germany. For thesecountries the expectation is of a decrease also due to the actual decrease inpower of Pounds compared to Euro currency.

There’s a kind of travelthat can suffer more for Brexit and these are travelers visiting friend andrelatives abroad. Due to the strong presence in UK (about 700 thousands), Polishgenerate a good part of this travels within Europe.

According to Spanishinstitute of statistics the 23% of about 65 millions of international arrivals,is from UK (2014 data). Significant percentage for the Spanish tourism industry,that may be hit by the side effects of the Brexit in the mid period when UKwill exit from UE.

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