While there is expected to be an increase in overseas visitors and British ‘staycationers’ in light of the weak pound post-Brexit, there could be rises in food costs affecting the hospitality sector – although this might be offset by further drops in the price of oil.

New foreign property investors may look to bag a bargain in the sector, while existing foreign investors may see a drop in asset value.

The focus of investors will therefore be to watch future trading carefully, as long as the UK remains “investor-friendly”, and also maintains the ability to employ suitably skilled, relatively low wage staff from overseas.

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