FlyerTalk Forums - View Single Post - Brexit impacts for Hilton?
View Single Post
Old Oct 7, 2018, 12:31 am
  #11  
garykung
FlyerTalk Evangelist
 
Join Date: Aug 2009
Location: ZOA, SFO, HKG
Programs: UA 1K 0.9MM, Marriott Gold, HHonors Gold, Hertz PC, SBux Gold, TSA Pre✓
Posts: 13,811
Originally Posted by wizla
My question is how will it effect uk Hilton's or in fact any uk hotel program?
There will be no impact to Hilton. Hilton is an international brand that is based in the U.S. Rest assure that a change in the U.S. could have a stronger impact than britexit.

For the rest of the U.K. based program, it may or may not depending on the tourism.

Originally Posted by wizla
....... will it effect prices ( up or down ) or even occupancy?
The prices are already down relatively due to drops in GBP.

Occupancy-wide, the U.K. should not suffer a major problem. It is unlikely that the HM Government will require EU passport holders to get a visa visiting the U.K., which should have no impact to tourism. But business travel could be impacted.

Originally Posted by wizla
.......I've heard talk of many foreign workers returning to there native countries as its going to be simply not worth the pay to work in the uk
Not related - hotels are not designed for long-term accommodation, although they could. So the impact to hotels is definitely less than the real estate market.
garykung is offline