According to accountancy firm KPMG, a boost within hospitality from foreign tourists in the wake of the Brexit fall in the value of the pound could be masking a slowdown in spend by domestic customers.

May 2017 saw 3.5 million visits by foreign travellers spending £2bn, and there was a boost in staycations, both of which benefited hotels. However there is concern that the increased revenues are not being enjoyed by restaurants and pubs. There is believed to be growing caution among UK customers, cutting back on spending due to a slowing down of disposable income.

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