WTTC Comment on the UK Vote to Leave the European Union

25 June 2016 5:59pm

Following the referendum on 23 June, the people of the United Kingdom have voted to leave the European Union.

The World Travel & Tourism Council (WTTC) emphasizes that travel to, from and within the EU and UK will not be affected in the short term.

The process set out by the Lisbon Treaty allows for a two-year period of negotiation once the UK formally states its intention to leave the EU, and this period could even be extended by agreement of all the parties. During this period the legislation around Travel & Tourism will remain unchanged.

David Scowsill, President & CEO, WTTC, said: “We are entering a period of market uncertainty which will undoubtedly put pressure on Travel & Tourism businesses, however we know that our sector is resilient and we expect business and leisure travel to hold up in the face of these challenges.”