Brexit, the year after – Twissen Season Report Spring 2017
During the spring season, Macron won the French elections, and in the UK the First Minister Theresa May wanted an early voting in order to strengthen her politic position before the Brexit negotiations. Notwithstanding, Conservatives had to face Labours competition, and analysts bet that also negotiations for Brexit will open new scenarios.
Waiting to find out the next steps, it is clear, as reported by ABTA – British association of travel agents and tour operators – that this uncertainty and the annexe pound fall won’t only generate an increase of international arrivals, but also a trend of British tourists towards the so-called staycation, namely spending holidays in the UK and, consequently, a minor flow towards the EU, but also towards the major international destinations. British tourism operators are already suffering from the consequences, as they cannot foresee such an unsteady scenario.
In fact, along with Brexit, there are also worries concerning transportation and the opportunity to freely travel to Europe and beyond. In fact, given that one of the enshrined rights by the European treaties is the free movement of people, a limitation deriving from the Brexit could cause a loss in the number of flights, trains and maritime routes which would negatively impact on investments, income and employment. It is easy to imagine what would happen if visa were restricted.
In terms of consumer rights, a British traveller might lose the advantages of being able to use European health care systems, or the brand new international roaming rates. ABTA also describes the present expense impact that the UK tourism has on the EU economy, namely a total of 19 billion pounds: 6bn in Spain, 2.8bn in France, 1.6bn in Italy, 1.3bn in Greece and 1.1bn in Portugal.
Terrorism attacks that affected London and Manchester also complicated the UK tourism scenario. Analysts assess that, by consequence, tourism flows might decrease by 30%, also caused by booking cancellations of school trips.
The uncertainty period carries several doubts, but also many opportunities and room for business which will be created in spite of those destinations which will not be able to adapt their policies to a rapidly changing scenario.
In the Report you can also find about:
- Off the beaten paths with technology on hand
- Brexit, the year after
- European funds focus on transnational tourism products
- Overtourism phobia
- Alitalia crisis in the European air sector segment
- A new legislative context for short-term rental in Europe
- Z Generation, a new target of travellers
- Reviews and web reputation mark new trends in the accommodation sector
- Action, travel!