The Impact of BREXIT on the Tourism Industry in the UK

The Macro Tourism
Business Environment

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Overview of the event............................................................................................................3
Stakeholders affected by BREXIT........................................................................................3
Response strategies taken up by the stakeholders..................................................................4
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Tourism industry refers to one of the most effective and appropriate sector which help in
the development and growth of the country. It generate more amount which help in the growth of
the economic system of nation which as a result assist in enhancing the living standard of the
people. It has also been said that BREXIT is considered as one of the most crucial event which
affects the overall performance of UK (Ateljevic, 2017). In context of tourism industry it is said
that BREXIT highly affect the overall sector in different forms. The present report includes a
discussion about two main stakeholders which might get affected due to BREXIT. Along with
this, it has also been said that recovery and response after BREXIT in tourism sector.
MAIN BODY
Overview of the event
BREXIT refers to to an initiative which is taken by the government of United Kingdom
in order to remain themselves from the European Union. It has been analyzed that this is an event
which was started in 2017 but it is still in process but it has been expected that, this is the process
expected to be complete by 29th February 2020. It is said that major reason behind implementing
this event is that UK is a country which was not been able to perform their task due to the
boundation faced by them by European Union. This might affect the overall growth of the
country as they have to follow policies and strategies according to the top management authority
of the nation. It has also been analysed that BREXIT negatively influence tourism industry as
number of travellers reduces by each passing time. Therefore, effective measures
Stakeholders affected by BREXIT
Influence on the two stakeholders which might get affected due to implementation of
BREXIT which are going to be discussed as follows:
Impact of BREXIT on Tourism Operators
It has been signified that there were significant consequences related to BREXIT that
impact upon tourism industry in many different ways (Berry and Ladkin, 2017). It has been seen
that tourism in UK majorly contributes on economic development of country. While due to
BREXIT country lead towards facing different types of worse situations that not only decrease
overall economic capabilities of country but also impact upon employment segment. As tourism
industry provide large number of employment opportunities to local individuals. Thus due to