Brexit: increase in UK outbound holiday companies' operating costs & prices 2016-2019

This statistic illustrates the estimated increase in operating costs and the holiday selling price of seasonal (outbound) holiday companies in the United Kingdom since the EU referendum (Brexit) in 2016. According to the survey, companies had already noted a 10 percent rise in operating costs in the 2017/18 season compared to 2016/17. Holiday selling prices have also risen as an impact of Brexit. If there is a 'hard' Brexit when the UK leaves the EU it was estimated that holiday prices would rise by 31 percent.

Estimated increase in operating costs and holiday prices of seasonal outbound holiday companies due to Brexit in the United Kingdom (UK) from 2016/17 to 2018/19

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Source

Release date

August 2018

Region

United Kingdom

Survey time period

May 25 to June 13, 2018

Number of respondents

134 respondents

Special properties

UK seasonal outbound holiday companies**

Supplementary notes

* Estimate/forecast based on survey responses.

** The source adds that respondents were recruited through multiple channels to ensure representativeness. Companies include tour operators, travel agents offering flight and non flight packages, catered accommodation-only companies, British incoming service providers (e.g. ski schools, airport transfers, child care etc.). Companies also represent a varied number of holiday types including beach holidays, activity, winter ski, winter beach, summer mountains, camping and touring holidays.

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Statistics on "Brexit and the EU-UK travel industry"

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