AccorHotel CEO: Don't See Anything Good Out of Brexit

The transcript discusses the impact of currency fluctuations on the UK market, highlighting a decrease in outbound tourism and an increase in inbound tourism due to a weaker pound. It explores business strategies in the FX market, emphasizing natural hedging through local costs and revenues. The conversation shifts to hotel revenue trends, noting a stagnation in the UK and growth in Central Europe. Finally, it addresses the unpredictability of economic forecasts, particularly regarding interest rates and market predictions.

What are the implications of the current economic situation for the UK hotel industry?

What observations were made about the economic performance of central Europe compared to the UK?