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Brexit and Tourism
A fter Brexit, the EU referendum when Britain decided to leave the European Union, the British currency, the sterling, became weaker against the euro and the dollar. This however resulted in attracting more tourists to Britain , especially from North America , who wanted to take advantage of the favourable exchange rate, with the pound dropping in value against the dollar. This drop meant that Americans visiting Britain paid much less for hotels and therefore had more holiday money to spend. The number of visitors from EU countries also increased by 8% in 2016 compared to the previous year. The British tourism minister however stressed that this increase in visitors was not only due to the weaker pound, but was also proof that Britain has everything the tourist wants, from vibrant cities to stunning landscapes and many cultural attractions. Yorkshire seems to be one of the areas that benefited most with a record 476,000 visitors in the three months following the referendum, am...
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