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The UK leisure industry in a post-Brexit world

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April 13, 2017

There is no doubt that the UK vote to leave the EU heralds much industry uncertainty for the hospitality and leisure sector. For instance, The World Travel & Tourism Council recently forecast a decline in outbound travel from the UK of 3% as a result of the Brexit impact on the value of sterling.

July 2016 saw the UK record its biggest-ever month for tourist visits after the referendum-related slump in the pound lured 3.8 million people to British shores.

However, the UK leisure sector risks being damaged by Brexit unless steps are taken to ensure that the country remains friendly to investors and retains the ability to employ foreign staff.

Hotels are amongst the sectors most dependent on non-UK EU born citizens and would therefore be most exposed to any form of change.

To read our full insight please download the PDF.

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