Despite Britain's struggle for both sides to come to terms with Brexit, the weaker pound sterling and quickly recovering economy has helped improve tourism in many states across the country. Reports indicate about 38.1 million tourists to enter the United Kingdom believed to boost the country's revenue. Tourists may stretch their budgets further due to the weak sterling.
According to The Guardian -- citing analyses -- the UK is likely to see the "biggest rise in tourist spending" in its four-year stability. According to VisitBritain Chief Executive Sally Balcombe, the figures indicate inbound tourism is likely to stay so long as the pound sterling remains weak. Balcombe said the UK's hotels, shops and attractions are "offering excellent value" for international tourists.
The news website cites "luxury bargains" as being on top of travelers' lists. The 4% tourism increase may also be due to the tourism stimulus introduced by the 20th Anniversary of "Harry Potter's" first book "The Sorcerer's Stone" and the 200th year since the death of renowned author of "Pride and Prejudice," Jane Austen.
According to RTE, the Irish Tourist Industry Confederation said their local tourism has improved due to "increased air access" from international markets and in general, the weakening euro of Europe. the ITIC said 2016 was a "record year" for tourism having improved to a total of 8.8 million just for 2016.
The ITIC believes that the tourism industry could even improve 5% more from international travelers because of a good foundation in its key source market economies and improving air access. However, it warned that Irish tourism still needs more accommodations for the increasing number of tourists -- it highlighted the lack of hotel accommodation in Dublin.
UK exports have fallen in price globally making them the foremost industry to benefit from the Brexit's temporary weakening of confidence in the United Kingdom. Tax free spending from visitors outside the European Union had in October improved by 41%.
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