Brexit’s impact on Tourism – Thematic Research

2019-06-06
Price :
Published : Jun-2019
No. of Pages : 27

Brexit’s impact on Tourism – Thematic Research

Summary

Companies that reside within the travel and tourism industry need to actively prepare and reformulate their plans in preparation for Brexit. The current state leaves an array of factors that have the potential for drastic effects on all sectors within the industry. Due to the continual rejection of Theresa May’s deal and now her resignation from office, followed by a potential Conservative Leadership contest, the likelihood of a potential ‘No deal’ situation continues to come into play, thus business, DMOs, local authorities and governments alike have an urgency to prepare for what is ahead.

Key Highlights

With no clear picture yet emerging as to what Brexit will ultimately look like – ‘No Deal’; May’s Deal; Single Market; Customs Union; deals of the kind secured by Norway and Canada – the tourism industry tries to prepare for every outcome yet remains at a ‘standstill’.

The United Kingdom dominates European countries’ international arrivals in 2018, and vice versa, both acting as the leading source markets for each destination. A total of 55.9 million Brits visited Europe whilst 24.7 million Europeans (68% of total arrivals) traveled to the UK.

Biggest potential losers that will be affected by each Brexit scenario reflect on areas of the UK that currently receive EU funding direct into the British economy. Funding opportunities currently reflect and enhance quality standards, marketing strategies, development processes and regeneration for destinations within the UK through EU funding.

The current situation reflects on the UK’s relationship with the EU enabling free movement between destinations, with monitoring processes such as border control, security, safety regulations and management of air traffic already in place. Nonetheless, the fundamental issue is that within the current situation, time is limited as an alternative decision must be made by not later than October 31st.
New developments, employee workforce, general health and safety followed by food standards all impact the current situation for the hospitality sector and the impending outcomes of Brexit.

Scope

– This report provides an analysis of Brexit and its potential impact on the travel & tourism sector.
– It explores different Brexit scenarios and assesses their possible effects on travel & tourism.
– It takes a detailed look at the macroeconomic and regulatory concerns associated with Brexit.
– The report looks at the potential winners and losers for different Brexit scearios.
– It assesses what Brexit could mean for airlines, hotels, travel services operators, and destinations.

Reasons to buy

– Understand the different Brexit scenarios that remain ‘in play’
– Understand how travel & tourism could be affected by these different scenarios.
– Learn about the potential impact for players in the hotels, airlines and travel services industries, as well as for destinations.
– Identify key macroeconomic and regulatory concerns associated with Brexit.

Filed in: Consumer Goods
Publisher : GlobalData
More Reports
Title Price Buy Now

TJX Companies: Coronavirus (COVID-19) Company impact

TJX Companies: Coronavirus (COVID-19) Company impact Summary Reliance on severely impacted regions will harm TJX in the short run, but its future prospects look brighter than most. TJX has been striving to protect its workers' safety and financial security amid the pandemic, which will help to ensure greater commitment in the long term. The Coronavirus (COVID-19) company impact report analyses how the pandemic will impact TJX's performance. Scope - Despite the severe immediate effects of the coronavirus on its sales, TJX is better placed than other clothing and home fashion retailers to recovery quickly and return to growth due to its market positioninga s a major off-price retailer. - Geographically, TJX is extremely exposed to the woes of COVID-19 due to its reliance on North Ameri......
$1495

Bulgaria Hotels Market Analytics to 2023: Rooms and Revenue Analytics

Bulgaria Hotels Market Analytics to 2023: Rooms and Revenue Analytics Summary Hotels (establishments that provide paid lodging and full guest services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to evolve in similar fashion in the near future. The report Bulgaria Hotels Market Analytics to 2023: Rooms and Revenue Analytics provides deep dive data analytics on wide ranging Hotels business aspects including overall revenue by customer type - Business and Leisure, by type of hotel - Budget, Midscale, Upscale & Luxury, Room & Non-Room Revenues, Number of Establishments & Rooms and Guest In-Flow's for the period 2014 to 2018 and forecast to 2023. Furthermore, the report also details out Room Occupancy Rate (percentage......
$750

Hong Kong Hotels Market Analytics to 2023: Rooms and Revenue Analytics

Hong Kong Hotels Market Analytics to 2023: Rooms and Revenue Analytics Summary Hotels (establishments that provide paid lodging and full guest services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to evolve in similar fashion in the near future. The report Hong Kong Hotels Market Analytics to 2023: Rooms and Revenue Analytics provides deep dive data analytics on wide ranging Hotels business aspects including overall revenue by customer type - Business and Leisure, by type of hotel - Budget, Midscale, Upscale & Luxury, Room & Non-Room Revenues, Number of Establishments & Rooms and Guest In-Flow's for the period 2014 to 2018 and forecast to 2023. Furthermore, the report also details out Room Occupancy Rate (percenta......
$750

Philippines Hotels Market Analytics to 2023: Rooms and Revenue Analytics

Philippines Hotels Market Analytics to 2023: Rooms and Revenue Analytics Summary Hotels (establishments that provide paid lodging and full guest services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to evolve in similar fashion in the near future. The report Philippines Hotels Market Analytics to 2023: Rooms and Revenue Analytics provides deep dive data analytics on wide ranging Hotels business aspects including overall revenue by customer type - Business and Leisure, by type of hotel - Budget, Midscale, Upscale & Luxury, Room & Non-Room Revenues, Number of Establishments & Rooms and Guest In-Flow's for the period 2014 to 2018 and forecast to 2023. Furthermore, the report also details out Room Occupancy Rate (perc......
$750

Turkey Hotels Market Analytics to 2023: Rooms and Revenue Analytics

Turkey Hotels Market Analytics to 2023: Rooms and Revenue Analytics Summary Hotels (establishments that provide paid lodging and full guest services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to evolve in similar fashion in the near future. The report Turkey Hotels Market Analytics to 2023: Rooms and Revenue Analytics provides deep dive data analytics on wide ranging Hotels business aspects including overall revenue by customer type - Business and Leisure, by type of hotel - Budget, Midscale, Upscale & Luxury, Room & Non-Room Revenues, Number of Establishments & Rooms and Guest In-Flow's for the period 2014 to 2018 and forecast to 2023. Furthermore, the report also details out Room Occupancy Rate (percentage of ......
$750

Chile Hotels Market Analytics to 2023: Rooms and Revenue Analytics

Chile Hotels Market Analytics to 2023: Rooms and Revenue Analytics Summary Hotels (establishments that provide paid lodging and full guest services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to evolve in similar fashion in the near future. The report Chile Hotels Market Analytics to 2023: Rooms and Revenue Analytics provides deep dive data analytics on wide ranging Hotels business aspects including overall revenue by customer type - Business and Leisure, by type of hotel - Budget, Midscale, Upscale & Luxury, Room & Non-Room Revenues, Number of Establishments & Rooms and Guest In-Flow's for the period 2014 to 2018 and forecast to 2023. Furthermore, the report also details out Room Occupancy Rate (percentage of av......
$750

India Hotels Market Analytics to 2023: Rooms and Revenue Analytics

India Hotels Market Analytics to 2023: Rooms and Revenue Analytics Summary Hotels (establishments that provide paid lodging and full guest services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to evolve in similar fashion in the near future. The report India Hotels Market Analytics to 2023: Rooms and Revenue Analytics provides deep dive data analytics on wide ranging Hotels business aspects including overall revenue by customer type - Business and Leisure, by type of hotel - Budget, Midscale, Upscale & Luxury, Room & Non-Room Revenues, Number of Establishments & Rooms and Guest In-Flow's for the period 2014 to 2018 and forecast to 2023. Furthermore, the report also details out Room Occupancy Rate (percentage of av......
$750

Portugal Hotels Market Analytics to 2023: Rooms and Revenue Analytics

Portugal Hotels Market Analytics to 2023: Rooms and Revenue Analytics Summary Hotels (establishments that provide paid lodging and full guest services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to evolve in similar fashion in the near future. The report Portugal Hotels Market Analytics to 2023: Rooms and Revenue Analytics provides deep dive data analytics on wide ranging Hotels business aspects including overall revenue by customer type - Business and Leisure, by type of hotel - Budget, Midscale, Upscale & Luxury, Room & Non-Room Revenues, Number of Establishments & Rooms and Guest In-Flow's for the period 2014 to 2018 and forecast to 2023. Furthermore, the report also details out Room Occupancy Rate (percentage......
$750

United Arab Emirates Hotels Market Analytics to 2023: Rooms and Revenue Analytics

United Arab Emirates Hotels Market Analytics to 2023: Rooms and Revenue Analytics Summary Hotels (establishments that provide paid lodging and full guest services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to evolve in similar fashion in the near future. The report United Arab Emirates Hotels Market Analytics to 2023: Rooms and Revenue Analytics provides deep dive data analytics on wide ranging Hotels business aspects including overall revenue by customer type - Business and Leisure, by type of hotel - Budget, Midscale, Upscale & Luxury, Room & Non-Room Revenues, Number of Establishments & Rooms and Guest In-Flow's for the period 2014 to 2018 and forecast to 2023. Furthermore, the report also details out Room Oc......
$750

Colombia Hotels Market Analytics to 2023: Rooms and Revenue Analytics

Colombia Hotels Market Analytics to 2023: Rooms and Revenue Analytics Summary Hotels (establishments that provide paid lodging and full guest services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to evolve in similar fashion in the near future. The report Colombia Hotels Market Analytics to 2023: Rooms and Revenue Analytics provides deep dive data analytics on wide ranging Hotels business aspects including overall revenue by customer type - Business and Leisure, by type of hotel - Budget, Midscale, Upscale & Luxury, Room & Non-Room Revenues, Number of Establishments & Rooms and Guest In-Flow's for the period 2014 to 2018 and forecast to 2023. Furthermore, the report also details out Room Occupancy Rate (percentage......
$750
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy