Europe The Important Fallout Of Brexit

travelEuropeans generally pay less to fly to the US than we pay to fly to Europe.

Lower numbers of Europeans and Brits will visit the US than ever. It is expect airfares from the US to Europe and Britain to dip even lower. Friday the day after the Brexit vote we saw airfares to London on Virgin Atlantic and other airlines for fall travel reduced to seen since 1985, making hotels, meals, shopping and other purchases at least 10 percent cheaper. Some information can be found easily by going on the web, if you don\’t receive it. This is the case.

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The same thing applies to the euro.

travelThe future looks murkier for travelers. It will become harder to move among countries, once border controls are put in place. It, too, fell because of Brexit, almost reaching parity with the greenback, and will likely stay low versus the dollar. Europe, too, might be cheaper than ever for US travelers. The pound recently traded at levels (circa seen since 1985, making hotels, meals, shopping and other purchases at least 10 percent cheaper.