1. ITV Report

Brexit could cause 'huge boost' for Cornwall tourism

Tourism bodies in Cornwall say they are expecting a huge boost to 'staycations' following the Brexit vote.

Hotels, attractions and businesses claim more people will opt for a holiday on British shotes due to the value of the pound plummeting.

The region is also gearing itself up for a large influx of foreign visitors, attracted by the favourable exchange rate.

When the value of the pound falls against the Euro, this improves the relative value of a staycation for UK residents.

It also makes it cheaper for Europeans to visit here. So the immediate effect of Brexit on the value of the pound should help boost tourism, in the short-term at least.

– James Nettleton, who owns the Bay Hotel and The Esplanade Hotel in Newquay
St Ives Credit: ITV West Country

Towns like Newquay, St Ives, Falmouth and Penzance - which rely heavily on tourism - are expected to be among the largest beneficiaries.

The financial boost could also compensate for a funding shortfall in the county, which has averaged £60m per year over the past 10 years, following the vote to leave the European Union.

Susan Deakin, the manager at Newquay Tourism Information Centre, said enquires about visiting the region had already shot up following the Brexit vote.

We have been a lot busier on Sunday and Monday.

Whether that is due to the time of the year or Brexit I am uncertain. We certainly have a lot of foreign visitors in Newquay at the moment.

– Susan Deakin
Porthmeor beach in St Ives Credit: Sarah Hill/PA

Malcolm Bell, the chief executive of Visit Cornwall, also believes the region could see an increase in tourism in the short term providing the country doesn't slip into another recession.

If consumer confidence remains reasonably stable after Brexit, and the pounds stays low, it could be a good year for tourism in 2017.

It is all about business confidence, consumer confidence, disposable income and the value of the pound.

It is these factors that we will be monitoring going forward to see how we have to adjust our campaigns and messaging to support the tourism industry and visitor economy in Cornwall as best we can.

– Malcolm Bell
Castle Beach in Falmouth Credit: Ryan Hooper/PA Images