United Kingdom
United States
Asia Pacific
Expert gives bleak Brexit forecast
The Brexit fallout has ‘barely even begun’, the travel industry was warned by an expert at this week’s Convention in Tokyo.
Peter Foster, Europe editor for The Telegraph, said it would be known by Friday if there is a realistic prospect of there being a deal but added: "In truth, I don’t feel optimism on either side."
He said the full term impacts of Brexit, whether there is a deal or no-deal, are yet to emerge.
"Two years ago I came to this conference to speak about Brexit and at that time we were all obsessing about whether ‘sufficient progress’ had been made.
"Who were we kidding," he said. "I stand here today less certain about the future than I was two years ago."
Foster predicted a ‘long and grinding process’ and said over time the public will become acquainted with the ‘trade-offs in trade’.
After a failed attempt by Boris Johnson to get his new deal passed, Foster believes there is likely to be yet another extension agreed and then possibly a November election.
"At each reiteration of this cycle, a failure to deliver Brexit makes it more difficult for there to be a rational, fact-based conversation," he said.
"Each cycle of this process deepens the ranker at home and deepens the ranker on the other side of the channel."
For the travel sector specifically, he added: "The sky will not fall. People will still travel, although their pound will be worth less," he said.
"The travel industry is well used to bouncing back but Brexit will be a much longer haul."
Related News Stories:
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
Boy falls to death on cruise ship
Unexpected wave rocks cruise ship
Storm Lilian travel chaos as bank holiday flights cancelled