As this eBulletin goes to press, we remain no clearer on the likely outcome for the long-running Brexit saga. Members will be aware of the lively debate going on around the country as parliament prepares to vote on the prime minister’s plan negotiated with the EU.
If you want to delve into the detail, then the attached set of slides offers a handy summary of the Withdrawal Agreement and the initial Political Declaration outline which has been sent on to us by the Tourism Alliance.
While the presentation is from the government’s perspective it does explain some of the issues including the proposed ‘backstop’ arrangements and the potential future relationships with the EU that CTA members might find useful.
Meanwhile, a recent survey claims that consumer concerns about the price impact of foreign trips could persuade people to take more trips at home, something that could be a boost for domestic coach trips.
Researchers Simon-Kucher has tracked reactions every six months to Brexit and its impact on prices since the referendum. Its latest study shows that 68 per cent of consumers are concerned about price increases including for flights and package holidays as a result of Brexit, and British holiday-makers may alter their plans with 28 per cent expecting to change their plans and 14 per cent expecting to spend more time in the UK
“Staycations and local British holidays are slowly increasing in appeal, with 14 per cent of respondents saying they plan on taking fewer holidays abroad and more in the UK; this is compared to 11 per cent stating the same six months ago,” says Rosalind Hunter, senior director & Brexit research lead at Simon-Kucher.
The research was conducted by Simon-Kucher & Partners directly in November 2016, April 2017, October 2017, April 2018 and October 2018. www.simon-kucher.com