November 07, 2018

‘No deal’ Brexit would cause ‘five million fewer trips by 2022’


Euromonitor says Spain would lose most tourism revenue if the UK does not secure a deal on Brexit for after the end of March 2019.

UK travellers account for around 21% of inbound revenues in Spain this year. If there is no deal on Brexit, the destination’s tourism incomes could reduce by around $747 million, around £573 million – of which the UK accounts for more than half.

At the Travel Leaders Speak – What to Expect in 2019 session, Euromonitor International head of travel Caroline Bremner said a delayed, freetrade agreement was considered the most likely Brexit outcome.

But a no deal situation was still a “strong possibility”, she added. In this case, all countries which rely on UK holidaymakers would be impacted.

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