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UK hotel demand to soar following Brexit

The number of hotel room nights sold in the second half of 2016 is forecast to jump 30 per cent year-on-year on the back of Brexit, according to travel brokerage firm, Tourico Holidays.

According to company booking data, Tourico has already sold nearly a quarter of a million room nights in the UK in 2016 led by a 12 per cent year-on-year increase from the United States.

It said while source markets like China and Germany only account for a small amount of inbound UK travel bookings, both markets have increased their average daily reservations to the UK by over 100 per cent since the vote to leave the EU