The UK Travel & Tourism sector is expected to hold up in 2017, despite continued uncertainty due to Brexit, reduced consumer spending power, and the weaker pound, according to a new report by the World Travel & Tourism Council (WTTC).
With the fall in value of the pound after the Brexit vote, visitor exports – money spent by foreign visitors in a country – is forecast to grow by 6.2 per cent this year, as the UK becomes a cheaper destination for overseas visitors, according to the WTTC’s Economic Impact Report 2017.
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Tourism can ride out the Brexit storm, says WTTC