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This is an archive article published on July 3, 2016

After Brexit, fears in Goa tourism sector

'The currency depreciation may force them to reduce their spending during visits.'

Brexit, Brexit effect on tourism, goa, goa tourism, goa economy, goa tourism sector, business news, india news Tourists, both international and domestic, relax at a beach in Goa. (File/Express Photo)

Almost a year after the fall in value of Ruble hit the inflow of Russian tourists to Goa, the state’s tourism sector is bracing for another hit due to the plunge in the Pound Sterling following Brexit.

“We may face fresh threats if UK tourists fail to show up in good numbers. It would put survival of several standalone businesses in question,” said Piference Fernandes, member of the small and medium hotelier association of Calangute.

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President of the travel and tourism association of Goa, Savio Messias, said, “The currency depreciation may force them to reduce their spending during visits. But those who provide cheaper accommodation may benefit.”

Goa tourism director Sanjeev C Gauns said it is too early to comment on the impact Brexit could have on tourism. “We are watching the developments closely,” he said.

 

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