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Caribbean Tourism Organization: Brexit Effect Remains to be Seen

By on July 3, 2016

SAN JUAN – The Caribbean Tourism Organization (CTO) and the Caribbean Hotel and Tourism Association (CHTA) say the extent to which the decision by UK voters to opt out of the European Union will affect travel to and from the region remains to be seen. The CHTA has more than 600 member hotels and 300 allied members.

Both entities issued a statement saying the “severity and longevity of exchange rate fluctuations is an immediate concern. Caribbean tourism industry stakeholders should monitor this, given its potential impact on travel planning and travel package agreements.”

caribbean-tourism-organization logoConcerns have been raised about the impact on travel visas, affecting UK-EU travel to and from the Caribbean. “A resolution on this matter will take some time to address and prior to that the existing Schengen visa protocols remain in effect,” their statement reads.

The broader implications on travel demand and tour operator agreements, airline traffic and movement, international trade, as well as UK and EU financial and technical support to the region, in particular to its protectorates, are all yet to be determined and will take some time to resolve, according to the statement.

CTO and CHTA are planning a webinar briefing for their respective members, titled “Brexit and Caribbean Tourism: Possible Implications,” for Thursday, July 7, at 10 a.m. Facilitators will include David Jessop, a consultant to the Caribbean Council and investigative journalist and columnist; and Mark Tanzer, CEO for the Association of British Travel Agents (ABTA).

To register for the webinar briefing click here.

 

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