WTM London 2016 to investigate Brexit’s effect on travel and tourism

WTM London 2016

 

This year’s edition of the World Travel Market (WTM) London will host a high-profile panel session of senior executives discussing the implications of Brexit on UK inbound and outbound travel.

The World Travel Leaders session entitled ‘Brexit – How Will It Change UK Travel – Inbound and Outbound?’ is scheduled to take place in on Monday, November 7 in the WTM Inspire Theatre from 16:00 onwards.

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Managing director, Thomas Cook UK & Ireland, Chris Mottershead will contribute a wealth of global experience to the debate from his nearly 25 years in the travel business. During the debate, Mottershead will explain how Brexit is affecting Thomas Cook’s core outbound tour operating business.

CEO, JacTravel, Terry Williams will also share his views of the impact of Brexit. JacTravel works with more than 140,000 hotel partners.

Meanwhile for inbound, the session will call on the experience of chief commercial officer for combined buying and distribution, Cox & Kings, Patrick Richards. Working for the Indian travel group which operates in 25 countries and boasting three decades of industry experience, he will discuss how Brexit is not only impacting organisations such as VisitBritain but also changing the overall European travel landscape. Richards is also a board director of ETOA.

Also discussing the impact leaving the EU will be CEO, Monarch Group, Andrew Swaffield, who will provide his analysis of Brexit’s impact on UK outbound from the global airline industry’s perspective. He will also outline any specific changes that may arise for a UK-based international airline operating in a post-Brexit regulatory environment.
Similarly, inbound will also be affected by potential changes in the relationship between the UK and the world’s other aviation authorities.

The session will also comprise of market analysis and predictions from Euromonitor International. The research group will look at visitor numbers for arrivals into and out of the UK, before and after Brexit and present their forecasts for the future.

Senior director, WTM London, Simon Press remarked: “No one really knows what the long-term impact of Brexit on the UK travel industry will be. While British people will continue to travel overseas and the UK remains an attractive inbound destination, there will be changes in the established wisdom.

“We have assembled a panel which knows the UK travel industry inside out. Their insight will help attendees decide where the dangers and opportunities lie over the short, medium and long term.”

The World Travel Leaders Awards will follow the panel discussion.