Any plans on travelling to Europe this summer? Add Britain in your plan because Brexit made it a great bargain for international travelers.
On June 23, 2016 Britain finally settled to leave the European Union (EU). The final result was 52% to 48% in favor of Brexit.
This decision created a shock wave through the financial markets but for international travelers, it may become one of the best bargains out there.
One reason is the Britain is the HOT spot for travelling is the exchange rate. The Brexit vote caused the exchange rate for U.S dollar to be stronger toward the British pound than it has been in about 3 decades. According to “Travel + Leisure News director Sara Clemence, she told CNBC that goods and services became 15% cheaper overnight after Brexite in Britain.It is said that this favorable exchange rate should last for the next month. However, the rumors of the second referendum might affect these rates.
Another great reason Britain will be the hot travel spot is because air travels will be affordable! Airfares were lower from the lower fuel prices but, now the airlines will be lowering the price of their airfares since there will be more capacity on the plane from the Britain to the United Sates. British Airways recently had a Brexit fare share that was for only $639 round-trip from New York. This is a great time to take advantage of these prices.
If you decide to visit Britain, safe travels and get yourself a nice cuppa.
Order your mobile hot spot Wi-Fi for Britain HERE!