Weaker pound may see upsurge in travel to UK

news
25 June 2016

Tour operators in India expect a spurt in the number of travellers to the UK and Europe as a sharp fall in the British pound may make these destinations cheaper after Brexit.

"The pound has depreciated against the rupee. This would mean that travelling to the UK will be cheaper for Indians. This will aid our outbound business for the remainder of the year," Cox and Kings Ltd chief financial officer Anil Khandelwal told PTI.

Yatra.com President Sharat Dhall said, "Brexit has resulted in a big drop in the value of the pound and if this trend remains then we could see a surge in leisure tourism to Britain, as it will become significantly cheaper. However, it is too early to establish that a weakness in pound will be sustained and we are yet to see any surge in travel bookings to the UK.

''A drop in the pound could also result in an increase in students from India choosing the UK as a destination as it will make education significantly cheaper there."

A MakeMyTrip spokesperson said with the British pound dropping, there is a possibility of an increased number of travellers from India to the UK and EU nations.





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