Brexit: Implications for leisure and hospitality

Brexit: Leisure and hospitality

Buoyed by tourist dollars.

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City evening

The pessimism of ‘Brexit day’ seems like a distant memory. The UK, and London in particular, has been remarkably robust. Attracted by the weaker pound, tourists have flooded into hotels, restaurants and shops. But as John Taylor, Associate Partner Corporate Finance, KPMG in the UK, explains a number of concerns persist.

 

Highlights

  • Since the EU referendum result, London continues to be a top three city for real estate and hospitality investment
  • Not many sales processes have collapsed and we expect key deals to close soon
  • There are opportunities to borrow money at historic low rates

 

KPMG Brexit

KPMG Brexit

Brexit: A catalyst for businesses to reset their futures.

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