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‘Brexit Boom’ prompts rise in hospitality bookings

Stamford Bridge, home to Chelsea Football Club, and London & Partners have reported a rise in post-Brexit enquiries attributed to the falling value of the pound.

Stamford Bridge has seen a 10 per cent rise in corporate hospitality enquiries since the EU referendum vote, which took place on 23 June 2016.

Both UK and international clients have been taking advantage of the falling value of Sterling to book the venue’s event space and corporate hospitality packages.

London & Partners reported a 41 per cent spike in enquiries between June and September.

Simon Hunter, head of venue & brand at Chelsea Football Club, commented: “Since the EU referendum result in June, the value of the pound has fallen by 10 per cent, which whilst it cannot be considered a positive for the wider UK economy, has resulted in the ‘Brexit Boom’, an occurrence widely reported by UK media. The rise in inbound tourism, paired with an increase of ‘staycations’, means that London is busier than ever.

“Whilst no one can predict what the future holds for the industry as the government negotiates our exit from the European Union, it’s essential that businesses aren’t panicked into kneejerk reactions. It’s time for us to continue to consolidate our offer and take a considered and coordinated strategic approach to communicating that offer positively to the global market.”