U.K. Is Going to Stay in EU, Ecognosis Advisory's Freris Says

The transcript discusses the UK's potential departure from the EU, highlighting the challenges faced by Theresa May in negotiating a deal that satisfies both Parliament and the public. It explores the EU's stability and success despite Brexit, and the challenges faced by member countries. The discussion concludes with an analogy comparing EU membership to the song 'Hotel California,' suggesting that while countries can check out, they can never truly leave.

What analogy does the speaker use to describe the situation of countries wanting to leave the EU?

What is the significance of the phrase 'Hotel California' in the context of the EU as mentioned by the speaker?