16 Oct, 2019 @ 09:58
1 min read

Brexit could mean a €1.4 billion loss to the tourism sector on Spain’s Costa del Sol, warn experts

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EXPERTS fear that the UK’s departure from the EU could result in a €1.4 billion loss between 2019 – 2020 in the Costa del Sol’s tourism sector.

The Brexit deadline is at the end of October and the uncertainty has already caused a loss in British tourism in Andalucia by 3.3% in the third quarter of this year.

If there is no deal in place, it is feared that fewer tourists will travel to Spain’s southern coast, meaning businesses will be affected, with Malaga airport being one of the top three European airports with the most direct flights to the United Kingdom.

Luis Callejon, president of the Association of Hotel Entrepreneurs of the Costa del Sol (Aehcos), said: “We are worried because we still don’t know what can happen and where British tourists may want to go.

“If they are able to travel with ease, they will continue to come to the Costa del Sol and other Spanish destinations, but if there is a difficulty, they will go to other countries and the losses will be substantial ”

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