Thursday 19 October 2017

Half of Irish people now more interested in holidaying in the UK thanks to Brexit-induced weak pound

Stonehenge. Stock Picture
Stonehenge. Stock Picture
Colm Kelpie

Colm Kelpie

HALF of Irish people quizzed for a survey said they were more interested in holidaying in the UK this year thanks in part to the Brexit-induced weak pound.

According to the Barclays Destination UK report, 49pc claim they are more interested in visiting the UK now, compared to the same time last year.

About a quarter of Irish holidaymakers surveyed attribute an increased likelihood of visiting the UK with having greater personal funds to spend on holidays, with the average family setting aside €2,488 to their overall travel budget this year.

For the majority (69pc) of those surveyed, the recent Brexit decision won’t have a negative impact on their plans to visit the UK.

But 22pc said they were less likely to make the trip as a result of the EU withdrawal.

Helen Kelly, head of client coverage at Barclays Bank Ireland, said the research showed travel ties between Ireland and the UK looked set to strengthen further over the coming year.

“It’s clear that the current economic climate is presenting new growth opportunities within the hospitality sector,” Ms Kelly said.

Online Editors

Also in Business