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The Independent UK
The Independent UK
Simon Calder

London’s loss is Madrid’s gain as global tourism body abandons UK due to Brexit

Brexit Madrid London United Kingdom WTTC European Union
Madrid offers global tourism body WTTC ‘immediate access to a significantly broader and more diverse talent pool’ - (Stockbym - stock.adobe.com)

The World Travel and Tourism Council (WTTC) has announced it will move its HQ from London to Madrid because of Brexit.

The organisation represents the global private sector in the travel industry, from hotel groups and Airbnb to travel tech companies and international tour operators. It has been based in the UK since its foundation in 1990. But in October the chair, Manfredi Lefebvre, said the WTTC would relocate to mainland Europe to benefit from “lower operational costs and EU single market access.”

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