How ‘Brexit’ Will Affect Travel to Europe [View all]
'In the height of the summer travel season, Britain voted to exit the European Union, scrambling markets as well as the political picture. What happens in the aftermath of “Brexit,” as it is known, is far from clear, but American travelers heading abroad will see some immediate effects.
How does the Brexit vote affect Americans traveling to Europe and Britain?
The most immediate effect is in the exchange rates between the dollar and the British pound, which has recorded its lowest rate in about 30 years after the results of the vote were published, providing American travelers a discount on prices paid throughout Britain.
“Since yesterday, you get a lot more bang for your buck in the U.K.,” said Zach Honig, editor in chief at ThePointsGuy.com, which covers travel and incentives. “For lots of people, London is traditionally an expensive tourist destination, and with this shift the U.K. and specifically London probably are now within reach for a lot of U.S.-based travelers.”
The dollar has also improved against the euro, making travel within countries using the euro cheaper.
Is it a good time to book air travel?
Yes, but it has been so for the last six weeks, according to George Hobica, the founder of Airfarewatchdog.com.'>>>
http://www.nytimes.com/2016/06/24/travel/how-brexit-will-affect-travel-to-europe.html?
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