Weak pound to boost UK tourism

There is a plus side to every downturn in the world and the continued fall in the value of the British pound can only spell one thing. It will be great for the tourism market of the UK as many overseas visitors are expected to take advantage of it this year. The value has fallen dramatically over the past 12 months and heaped pressure on the British holidaymaker who travelled tom places like Europe and even as far afield as Thailand. At one point last year it looked like the euro and the pound was going to meet each other at the one mark, effectively making one euro the equivalent of one pound. Thankfully it never made it that far, but the euro has held its own against the pound. This should have a positive affect on holidaymakers arriving from the EU.

The dollar is another great return to form against 12 months ago when we could get more than two dollars for one pound. This has now dropped significantly back down to normal levels and slightly in the favour of the Americans. This has prompted more US citizens to enquire about holidays within the UK and has led to a good Christmas and New Year period with a better than expected tourism market. UK tourism was also boosted by the last year’s buzzword, staycationer, referring to Brits who chose to spend their holidays in the UK. Tourism in the UK is on the rise and it is expected to be a popular year among our visitors.