Research has shown that B&B’s and other Guesthouses in the UK have seen an increase in bookings since
the triggering of Article 50. Since the parliamentary document was signed, this section of the hospitality
has seen a surge. It is thought that this increase in the number of bookings in B&B and Guesthouses is
because of the low value of the pound and the vote that triggers the actions to leave the European
Union.
It has been discovered when analysis has been carried out on the booking data of over 5,000 bookings,
that the number of bookings are up 19.2% in comparison in the same period before the Brexit vote.
These factors are agreed upon as having an impact on the number of bookings in B & Bs in the UK this
year and it is great news for this sector, as the vote is meaning that they are seeing a rise in business in
comparison to the gloomy forecast of a drop in business in most sectors across the UK.
The industry is seeing double the benefits from the low value of the pound at the minute as the
businesses are receiving the custom of those that live in the UK and are concerned about how far their
money will stretch is they travelled further afield. However, on top of all the tourists that are choosing
to Holiday at Home this year, there is also been an increase in the numbers of international bookings
from those who are looking to visit Britain while the exchange rate is more favourable to them.
Of the 5,000 Bed and Breakfast owners that were involved in the research, the majority have said that
thy ear favourable of the vote to leave the EU. The majority, like most when considering Brexit, is only
marginal, with 48.3% agreeing that we should leave the EU and 45.8% saying we should stay. However
more than two thirds of those that were asked said that there shouldn’t be a second referendum.
