Published on : Thursday, January 5, 2017
Warwickshire’s economy is set for a major boost this year with an additional £10m to £15m expected to enter the county’s tourist industry from increased visitor numbers. The county has major tourist attractions like Warwick Castle, the Royal Shakespeare Company and The Rugby World Hall of Fame, and contributes considerably to the county economy. As of 2015, foreign visitors spent more than £100m in Warwickshire.
This sum is expected to increase this year with visitors from all over the world, especially the US and Europe take advantage of sterling’s post-Brexit devaluation. Brexit is expected to have a very positive impact on tourism in the short and medium-terms, says Warwickshire County Council’s economy and skills group manager Dave Ayton-Hill.
To quote Dave, “The significant and sustained devaluation of sterling, particularly against the dollar and euro, will encourage more overseas visitors to come to the UK this year. And with so many fantastic attractions in Warwickshire, we can expect to welcome our share. We expect an extra £2.5m spend from visitors from the US and an extra £5.3m from Europe.”