Will Brexit Affect WDW?

[Karin1984]

Anyone KNOW what % of WDW guests are British or European?

I googled an article from 2013, which said that International Attendance is about 18 - 22% of the total for both US parks. No division in how many from which country. Brazil was the biggest driver. UK and Canada visitors decreased.

 

[sam_rogers]

I'm all for it somehow impacting tour groups from Brazil, negatively. I hope the Brits keep coming, as they are fun, reasonable and extremely laid back. My kind of people.

Thanks
I think the immediate effect that brexit will have is for travellers coming over very soon who have yet to change their spending money into us dollars as they are likely to get a lot less for their money. In the short term I don't think it will have too much of an effect, dh and I are looking to have a short trip to universal Orlando in September and the cost of the holiday hasn't been affected so there's no reason to worry about it. I think any effects will be seen a couple of years down the line when we officially separate from the eu
At the moment a lot of people here are acting like the world's about to end!!

 

[Boski]

I'm more concerned on how it will affect Manchester United.

 

[micksn]

I think the immediate effect that brexit will have is for travellers coming over very soon who have yet to change their spending money into us dollars as they are likely to get a lot less for their money.

I'm one of those people!!! I was waiting till after the referendum hoping to get a better rate. I'm in complete shock and disbelief
Thanks for all the lovely comments - don't want to get too political on here

 

[thedonduck]

Could it be (ps this is a JOKE)

 

[HopperFan]

1) I'm all for it somehow impacting tour groups from Brazil, negatively.

2) I hope the Brits keep coming, as they are fun, reasonable and extremely laid back. My kind of people.

1) Completely agree, if their issues keep their numbers low, the parks/hotels will be much more pleasant, quieter and cleaner.

2) Completely agree, of any group visiting from other places they are by far the most fun to be in line with, riding an elevator or bus with or eating next to. I often travel alone with my adult DS who is disabled during their holiday times. He doesn't really talk so we spend many hours at Disney in silence. While others ignore us, the Brits are always striking up conversation, asking about him and are a real plus to my trips. Wishing all the best for them as they figure this out.

 

[flatlandcycle]

Hum? Maybe it's time to go look at real castles. The exchange rate is good.

 

[glassslippergirl]

One of my rules of life (learned the hard way) is to not wish for bad things. So I've been sad to see some on this site the past few months cheering the bad economy in South America because it suits their touring at a theme park. I'm no fan of BTG's, but I'm not going to wish for economic turmoil to keep them away. A lot of South Americans are really suffering right now. It seems mean to say that one is okay with a bad economy in one part of the world but not another.

I was surprised to find this morning that the Brexit referendum passed, but I hope that the British get what they were looking for over the next few years, and I hope the shift is as economically painless as possible. The major shift in the exchange rate and the drops in world markets today were reactions in parts of the economy that are quick to react. I'm not sure we can use them to judge the WDW vacation plans of the British. I hope they keep coming to WDW.

 

[Barbara76]

One of my rules of life (learned the hard way) is to not wish for bad things. So I've been sad to see some on this site the past few months cheering the bad economy in South America because it suits their touring at a theme park. I'm no fan of BTG's, but I'm not going to wish for economic turmoil to keep them away. A lot of South Americans are really suffering right now. It seems mean to say that one is okay with a bad economy in one part of the world but not another.
.

Thank you, it makes me very sad. I am Brazilian, but have lived in the US almost my whole life (I am an American citizen). But seeing people cheer on what is happening to my family, what is making it less likely that I will be able to visit with my family anytime soon (I just hope I get to see my grandmother again) is very sad.

 

[Chucky!]

I agree that markets have had a knee jerk reaction and will recover somewhat (prob not completely, but not as dire as we saw yesterday) in the coming days and weeks.

The Australian $ lost 3c in 3hrs against the $USD yesterday, however has nearly returned to what it was earlier in the week.

As for wishing ill on other countries economies is sad and awfully mean spirited, for every reasonably well off person who could afford international trips to WDW that postpones in a bad economy, are poorer people who are now in very desperate situations.

When the much of the world is thinking and praying for Orlando after a tragic time, it is horrible to think that Americans are hoping/are glad about other global economies crashing.

 

[flatlandcycle]

I agree that markets have had a knee jerk reaction and will recover somewhat (prob not completely, but not as dire as we saw yesterday) in the coming days and weeks.

The Australian $ lost 3c in 3hrs against the $USD yesterday, however has nearly returned to what it was earlier in the week.

As for wishing ill on other countries economies is sad and awfully mean spirited, for every reasonably well off person who could afford international trips to WDW that postpones in a bad economy, are poorer people who are now in very desperate situations.

When the much of the world is thinking and praying for Orlando after a tragic time, it is horrible to think that Americans are hoping/are glad about other global economies crashing.

You are absolutely right. Someone's misfortune, shouldn't be a joyous ticket to short cues.

Usually there are traders on the wrong side of the trade, they will sell everything and anything to get cash. If they trade well they are rewarded, if not they are considered "rogue traders." Is the selling really over?

No one is immune in a global market. If Great Britain is suffering we will all suffer. My spirit isn't mean but pragmatic. The whole Brexit was linked to misplaced nationalism. Obstacles to free trade will be met with inflation, or in our current times stagflation. Unfortunately popular voter will be met with misery. It's very expensive to renegotiate trade agreements. The best place to cut these new costs is payroll. JP Morgan has, in the past, suggested a few thousand British jobs to be cut.

With a global negative interest rate there is nowhere to cut, stimulate growth. Let's hope that the Bilderbergers don't think radioactive wasteland is the solution.

 

[kcbonnies]

One of my rules of life (learned the hard way) is to not wish for bad things. So I've been sad to see some on this site the past few months cheering the bad economy in South America because it suits their touring at a theme park. I'm no fan of BTG's, but I'm not going to wish for economic turmoil to keep them away. A lot of South Americans are really suffering right now. It seems mean to say that one is okay with a bad economy in one part of the world but not another.

I was surprised to find this morning that the Brexit referendum passed, but I hope that the British get what they were looking for over the next few years, and I hope the shift is as economically painless as possible. The major shift in the exchange rate and the drops in world markets today were reactions in parts of the economy that are quick to react. I'm not sure we can use them to judge the WDW vacation plans of the British. I hope they keep coming to WDW.

I just want to say that, as the orginial poster, I was not, and am not, saying the downfall of an economy is a good thing. It is not. One of the joys I have in going to WDW is exposing my kids to different people from across the world. I have never been in the BTG must go camp. To each their own. I was more concerned with the finiancial impact of these two big sources of guests from outside the US and how a decrease in their attendance would affect WDW. Glassliper, my deepest apologies if you took my post another way.

 

[OldSchoolReasons]

I don't think it will have that much of an impact. We've already booked for 2017, so the only thing we have to worry about is spending money next year. I think the exchange rate will have mostly recovered by then.

My main concern is anti-British feeling in Europe due to us leaving the EU (48% of us didn't want it after all!) and that fortunately isn't an issue for WDW.