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European Tourists to the UK Could Drop by a Third Following Brexit

LONDON–(1)–A vote to leave the European Union this month could cost the UK s tourism industry as much as 4.1 billion a year in international tourist spending alone. According to new research* published today by global travel deals publisher Travelzoo (NASDAQ: TZOO), a third of travellers from Germany, Italy and Spain and a quarter from France say they would be less inclined to travel to the UK in the event of a Leave vote. Four in 10 respondents from EU countries also worry that Brexit could make UK holidays more expensive. Sentiment among the four largest European Union nations (France, Germany, Italy and Spain) is that the UK should stay in the EU, with just under 70% in the Remain camp. In spite of this, respondents from some nations notably France believe that leaving the EU could make the UK a safer destination for holidays.

Although almost 75% of the UK s international visitors come from within the EU, even respondents from further afield (10% of those from Canada and 12% from the US) stated they would be less likely to come to a post-Brexit UK. Holidays for British tourists in Europe, meanwhile, could become more expensive if the sentiment expressed by some of our neighbours in France and Spain becomes more widespread: 40 per cent of respondents from these countries feel it would be fair to impose higher fees, such as a hiked city tax, on British visitors, if the UK votes Leave on June 23. UK travellers have their own concerns regarding the impact Brexit could have on the cost of their holiday. Over a quarter (28%) are concerned that withdrawal from the EU could lead to more expensive holidays for them, while 56% are worried that Brexit would reduce the ease and flexibility with which British nationals can currently travel inside the EU.

Other UK tourist concerns include:

  • The price of Discount Holidays © holiday insurance 25% are worried that the price of Discount Holidays © holiday insurance would go up, and 20% worry that their Discount Holidays © holiday protection cover would be impacted if they were no longer entitled to a European Health Insurance Card
  • The cost of mobile roaming 24% are concerned that roaming charges will increase if Britain is no longer governed by European Union roaming regulations
  • The impact for UK beaches 22% worry that UK beaches could become more polluted without strict regulations enforced by the EU

Joel Brandon-Bravo, UK Managing Director of Travelzoo, said: Our neighbours in Europe clearly don t want the UK to leave the EU, and the impact of this sentiment could translate into a significant drop in bookings to the UK from the largest European countries. When combined with a potential loss of more than 10 per cent of visitors from North America, as indicated in our research, it s clear that Brexit could be very bad news for the UK s domestic tourism industry. Similarly, UK consumers looking to travel abroad also have concerns about Brexit impacting the outbound tourism industry. John Fletcher, Pro Vice Chancellor at Bournemouth University (one of the top global academic institutions specialising in travel and tourism), concluded: Although the impact of Brexit on tourism is a difficult one to predict, given that France, Germany, Italy and Spain make up four of the UK s top seven tourist-supplying countries accounting for more than 11 million international visitors annually it s likely that the net result of Brexit will be significantly negative for the UK economy. While the figures above reflect only the direct tourism-related economic impacts of voting to leave the EU, if tourist spending from overseas visitors did indeed fall by 4.1 billion per year, this is likely to reduce HMRC revenue by more than 1.1 billion and reduce support for around 63,000 jobs in the UK.

Even though a UK exit would take some time to complete, especially as renegotiating our revised status with Europe could take five to seven years from start to completion, there will be immediate effects created by this uncertainty.

Other key findings:

  • The Travelzoo survey of 3,050 British people indicates 46% believe the UK should stay in the EU, while 40% believe it s time to leave 14% remain unsure
  • Around a third of Italian (33%), Spanish (33%) and German (30%) travellers, and a quarter of those from France (24%), would be less inclined to travel to the UK in the event of a Leave vote
  • 10% of British people admit they have taken the impact of Brexit into consideration when planning their holiday
  • 12% of Americans and 10% of Canadians say if the UK leaves the EU they would be less likely to travel here. American visitors currently spend more than 3 billion a year in the UK
  • Interestingly for those in favour of an independent UK, 61% said they d be willing to pay more for their holidays

*About the research

Travelzoo s survey was conducted using an online questionnaire in the five largest European Union member states by population, and the US and Canada. The questionnaire was completed by 4,950 Travelzoo members across France, Spain, Germany, the US and Canada. For the UK and Italy Travelzoo commissioned independent research with Atomik Research surveying 2,004 consumers in the UK and 1,003 consumers in Italy. Tourist spending figures calculated by Bournemouth University using data from Travelzoo s research and figures from VisitBritain s Inbound Tourism Reports: https://www.visitbritain.org/inbound-tourism-performance2

https://www.visitbritain.org/2014-snapshot3

About Travelzoo

Travelzoo is a global media commerce company. With more than 28 million members in Asia Pacific, Europe and North America, and 25 offices worldwide, Travelzoo publishes offers from more than 2,000 travel, entertainment and local companies.

Travelzoo s deal experts review offers to find the best deals and confirm their true value. Certain statements contained in this press release that are not historical facts may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward-looking statements may include, but are not limited to, statements about our plans, objectives, expectations, prospects and intentions, markets in which we participate and other statements contained in this press release that are not historical facts. When used in this press release, the words expect , predict , project , anticipate , believe , estimate , intend , plan , seek and similar expressions are generally intended to identify forward-looking statements. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements, including changes in our plans, objectives, expectations, prospects and intentions and other factors discussed in our filings with the SEC. We cannot guarantee any future levels of activity, performance or achievements. Travelzoo undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

Travelzoo and Top 20 are registered trademarks of Travelzoo.

All other names are trademarks and/or registered trademarks of their respective owners.

References

  1. ^ (www.businesswire.com)
  2. ^ https://www.visitbritain.org/inbound-tourism-performance (www.visitbritain.org)
  3. ^ https://www.visitbritain.org/2014-snapshot (www.visitbritain.org)

Greg Van Avermaet vs Peter Sagan: A new rivalry?

Van Avermaet pipped Peter Sagan to the win on Monday at Tirreno-Adriatico, but the pair have had close fought battles for some time now

Greg Van Avermaet Vs Peter Sagan: A New Rivalry?

Peter Sagan1 (Tinkoff) used to take the post-race bubbly, but lately Belgian Greg Van Avermaet2 (BMC) has done so.

In recent head-to-head finishes, he beat Sagan in the 2015 Tour de France s 13th stage to Rodez3, the 2016 Omloop Het Nieuwsblad4 and in today s Tirreno-Adriatico5 nail-biting stage to Cepagatti in central Italy. Van Avermaet closed a circle today. One year ago in the same Italian stage race, he began his string of top wins with the stage victory to Arezzo. Sagan also placed second that day.

For me, the other races are important, not this one stage here. It s OK like that, Sagan said circled by fans at Tinkoff6 s team bus further down the hill. It was the first races, I don t care about the races, now I am looking forward.

Sagan and his Tinkoff team helped tear apart the sixth stage in Abruzzo, one day after organiser RCS Sport cancelled the queen stage7 due to bad weather. With the summit finish annulled yesterday, bonus seconds were king. Sagan won the second intermediate sprint and escaped with seven including former race leader Zdenek Stybar (Etixx QuickStep). His teammate Oscar Gatto helped set an infernal pace along with Sky s Michal Kwiatkowski8.

Van Avermaet sat on with his teammate Tejay van Garderen9, also high in the classification, in the group behind.


Watch: Essential guide to Milan-San Remo


What can I do, I can only do my race, Sagan said of Van Avermaet. He does his. I had a teammate on the front, he was alone, for sure I spent more energy for the race, but that s cycling. The wheel turns, you know. Sagan shot away early on the slight pitch to fan-packed Cepagatti. He appeared ready to win for the first time since the Richmond, Virginia, World Championships10, until his nemesis edged by.

Not only the win, but Van Avermaet gained important bonus seconds and the blue leader s jersey. He counts a seven-second lead over Stybar and eight seconds over Sagan with only the 10.05km time trail left tomorrow.

I wasn t ready for Sagan s first attack, Van Avermaet explained in the city s historic building two stories above the finish line. We knew that he d go for the bonus seconds and make the race hard. I spotted the danger and went with them.

I was alone from BMC and so I tried to save my energy as much as possible. I m pretty good in uphill sprints like that and so I m really happy to beat Peter Sagan on a finish like this.

Greg Van Avermaet Vs Peter Sagan: A New Rivalry?

Greg Van Avermaet powers to victory in the 2016 Omloop Het Nieuwsblad. Photo: Graham Watson

It may be Van Avermaet s reign, but Sagan came first. In 2013, he won an Oman and USA Pro Challenge stage ahead of Van Avermaet. And in much bigger races, the Tour included, Sagan ruled when Van Avermaet finished further afield.

As Sagan said, the important races in 2016 are yet to come. They face Milan-San Remo11 on Saturday followed by the E3 Harelbeke12, Ghent-Wevelgem13, the Tour of Flanders14 and Paris-Roubaix15.

This race is about preparing for the classics but is also nice to win a stage. It boosts your confidence for the classics, Van Avermaet added. Asked if Sagan would develop a complex about him, Van Avermaet responded. I don t think so. It s always nice to beat the world champion.

I tried to beat him in Richmond but he beat me there. He has the jersey and he s a great rider because he attacks and animates the race.

I hope that he wins a lot of races this year, but it s nice to have him finish second behind me.

References

  1. ^ Peter Sagan (www.cyclingweekly.co.uk)
  2. ^ Greg Van Avermaet (www.cyclingweekly.co.uk)
  3. ^ 2015 Tour de France s 13th stage to Rodez (www.cyclingweekly.co.uk)
  4. ^ Omloop Het Nieuwsblad (www.cyclingweekly.co.uk)
  5. ^ today s Tirreno-Adriatico (www.cyclingweekly.co.uk)
  6. ^ Tinkoff (www.cyclingweekly.co.uk)
  7. ^ cancelled the queen stage (www.cyclingweekly.co.uk)
  8. ^ Michal Kwiatkowski (www.cyclingweekly.co.uk)
  9. ^ Tejay van Garderen (www.cyclingweekly.co.uk)
  10. ^ Richmond, Virginia, World Championships (www.cyclingweekly.co.uk)
  11. ^ Milan-San Remo (www.cyclingweekly.co.uk)
  12. ^ E3 Harelbeke (www.cyclingweekly.co.uk)
  13. ^ Ghent-Wevelgem (www.cyclingweekly.co.uk)
  14. ^ Tour of Flanders (www.cyclingweekly.co.uk)
  15. ^ Paris-Roubaix (www.cyclingweekly.co.uk)

Is it the end for quick release wheels?

The rapid growth in disc brakes for road bikes has catalysed the uptake of thru-axles. Marc Abbott asks if this mountain bike technology will soon replace the humble skewer

Is It The End For Quick Release Wheels?

When Tullio Campagnolo invented the quick-release skewer almost 90 years ago, even he, as the father of Italy s groupset giant, couldn t have imagined that his simple idea would become the industry standard. Designed for race use, where time is everything, a system that allowed a wheel to be dropped out for changing (or, in Campagnolo s case, flipping, to use the secondary gear on the other side of the hub) was always likely to gain favour. As with so much race technology, the humble quick-release filtered down to the bikes we grew up riding.

>>> Road bike wheels buyer s guide (videos)1

But leaps forward in bike design often demand new approaches. The advent of disc brakes on road bikes has necessitated a change in thinking when it comes to maximising stiffness and minimising losses, provoking manufacturers such as Focus, Boardman and Colnago to take their lead from the dirt bike world.

Their use of a thru-axle, a pin that needs to be pulled completely through the spindle before the wheel can be removed, has sound foundations.

The big advantage is the stiffer load path between the caliper and rotor, says Keith Bontrager, arguably the godfather of modern mountain bike development, and now component developer for Trek.

>>> Should you change to tubeless tyres?2

Flexing in the axle or dropout on the brake side will allow the rotor to shift and contact the brake pads, causing the brake to drag. It s noticeable when climbing out of the saddle. The large axle and rigid connection between the axle and dropout minimises that. With such a clear performance benefit, surely everyone is swapping to thru-axles? Not so, says Zipp s wheel development director Michael Hall: Zipp continues to design wheels/hubs that allow the rider to easily change between quick-release and thru-axle.

Our 77/177D disc brake hubs are actually supplied to the customer with both quick-release and thru-axle end-caps, so they can make the decision.

>>> Winter road bike tyres: buyer s guide3

Which, for now, means the customer looking to upgrade still gets a choice. But what s the flip side?

The disadvantages are that the thru-axle can add a bit of weight, and removing and replacing a wheel becomes more time-consuming, says Bontrager. That time issue is a minor annoyance for most riders, but pro teams will have to work out a way to swap a wheel quickly in a race. It might mean bike swaps become more common. The increased use of disc brakes prompts a broader question: how much will frame and wheel design change?

Thru-axles are something new that will change bike and frame design, reckons Hall. As for wheels, disc brakes open up opportunities for advancements in rim design, since we are not as limited by a brake caliper or chainstays. For instance, rims can certainly get wider.

Bontrager takes the position that mountain biking has done the hard work for us, adding: There are a few things that change when you design a disc wheel or thru-axle, but most of those have been addressed with off-road wheels and are well understood. The key question is, if there s a clear performance benefit to be had from switching to a thru-axle setup, will that be reflected at your local bike shop?

>>> The disc brakes debate: are they necessary on road bikes?4

Stocking both will require the dealer s inventory to be a bit deeper, says Bontrager. That might make getting a specific spare tougher in some cases.

Bontrager also highlights the more secure nature of the thru-axle: US firms may move away from quick-release to reduce the problems with product liability Incorrect use of QRs continues to be a problem in the States.

Our take

It s time to take a long, hard look at ourselves and ask whether it s weight or stiffness that s the most important factor in our bike-buying decision. Rim brakes with QRs will have their place for years to come, but if you want to make the switch to disc brakes, bolt thru-axles are the obvious, future-proof choice.

Yes: Keith Bontrager, father of modern MTB and component developer for Trek

Is It The End For Quick Release Wheels?

It s likely that thru-axles will become the industry standard eventually, down to a certain price point. I don t know what the timeline will be, but if it s anything like the wheel size thing in mountain biking, where the 26-inch option was rapidly removed with the introduction of 650b and the 29er, I think it could happen quickly.

No: Michael Hall, Zipp wheel development director

Is It The End For Quick Release Wheels?

We want to provide the best options for our customers. Zipp continues to design wheels and hubs that allow the end user to easily change between quick-release and thru-axle. Our most recent disc brake hubs, for example, allow the rider to change between quick-release and thru-axle simply by swapping the end-caps by hand.

Our wheel buyer s guide

References

  1. ^ >>> Road bike wheels buyer s guide (videos) (www.cyclingweekly.co.uk)
  2. ^ >>> Should you change to tubeless tyres? (www.cyclingweekly.co.uk)
  3. ^ >>> Winter road bike tyres: buyer s guide (www.cyclingweekly.co.uk)
  4. ^ >>> The disc brakes debate: are they necessary on road bikes? (www.cyclingweekly.co.uk)