Messy election, messy Brexit – what will happen to the travel industry?
According to the pundits there are both plusses and minuses as a result of the UK Bexit decision and the election of Donald Trump as US president.
Says Stephanie Rosenbloom writing in the New York Times: the spirit of openness that has permeated everything from our increasingly global economy to how we travel may be poised to change. Read full article HERE
The UK’s Guardian says that Brexit has devalued UK as a brand: HERE
The Economist says that the future is bleak:
And the Telegraph asks what leaving the EU could cost travelers
But fundamentally it’s a simple formula:
Destination perceived security x exchange rate (source market v destination cost of currency)
In other words if it’s cheap how good will your welcome be?
Valere Tjolle
@ValereTjolle
