Brexit

Hotelbeds Warns of Brexit Impact but Confirms Importance of UK Market - Travolution

Excerpt from Travolution

Leading accommodation wholesaler Hotelbeds expects to see a Brexit impact during the turn of year peaks in the UK market which it confirmed as its largest source market last week.

The Palma-based B2B supplier said it has seen a downturn in growth in the market which it believes is down to the uncertainty caused by Brexit.

Speaking to Travolution at last week's World Travel Market trade show in London Sam Turner, wholesale sales and sourcing director, said: "We do feel there is a bit of a growth slowdown in the UK compared to what we are used to. I think the uncertainty around Brexit is still there so the more the clarity we get about that the sooner the better.

"I think in the UK market travel is one of the things that people take off their shopping list last and we have seen that resilience in the market when there have been downturns in the economy in the past. 

Click here to read complete article at Travolution.