Is Brexit Actually Helping Biz Travel in the UK?

After years of waiting, debating, and preparing, the UK may finally come to a conclusion on Brexit as soon as October 31. The initial referendum in 2016 kicked off a period of anxiety and uncertainty, which still persists today. Uncertainty is never good for travel — whether it be for leisure or business — and Skift has documented numerous times the negative impacts Brexit has had on the industry.

With that said, some UK business travelers are experiencing something very different. Nearly a third of business travelers in the UK believe that Brexit has had a positive impact on their company’s travel, according to a recent report by corporate housing company Homelike. In fact, some say that they are traveling more frequently for work, both within the UK as well as internationally.

Business travelers from countries across continental Europe don’t agree, however, mainly seeing Brexit as a negative force. And even the British acknowledge that a weakening pound — in part caused by Brexit — is taking a toll on corporate travel. Dustin Figge, founder and managing director of Homelike, digs into the reasons behind this disparity.

Read this story, and many more, below.

If you have any feedback about the newsletter or news tips, feel free to reach out via email at [email protected] or tweet @ikcarey.

— Isaac Carey, Travel Reporter

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Travel Reporter Isaac Carey [[email protected]] curates the Skift Corporate Travel Innovation Report. Skift emails the newsletter every Thursday.

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