According to the ETC, if the UK leaves the European Union without any kind of trade agreement, Portugal is expected to see 5.8% fewer the tourists from that country than it would under existing forecasts that exclude such an effect. The total number of foreign visitors would be reduced by 0.6%.
The percentages are based on the projection that a hard Brexit would reduce the number of UK visitors in 2021 to 2.3 million from the 2.4 million that could otherwise be expected, according to the ETC report.
Still, the drop is lower than that predicted for Spain, which the ETC estimates may lose around 1.3 million visitors, or around 7%.
"Spain is the most affected country in [absolute] number of travellers, while Iceland has the biggest loss in percentage terms," the report states.
According to the ETC, in the first seven months of 2019 the number of foreign tourists arriving in Portugal was up 8.3% on the same period a year earlier.
The report also highlights the country's progress in the US market, along with Sweden and Norway.
Spain was this year the European country that grew least in terms of international arrivals.
Topping the list was Montenegro (up 18.1%), followed by Turkey (up 14.7%), Luxembourg (up 10.1%), Lithuania (up 9.3%) and Slovakia (up 9%).
Why? On what basis?
By Mike from Algarve on 02 Jan 2020, 12:16
Where on earth do they come up with such tripe, "ask people who are not coming" !!!!!! Talk about self prophecy, you can measure something historical but all you can do is plan forward, but creating your own bad publicity isn't clever.
By Harry Johnston OBE from UK on 03 Jan 2020, 04:51
They will not be missed at all! They are another on e if the factors why the prices in Portugal are stirerocking!
By Tony Fernandes from Other on 03 Jan 2020, 15:42
In my opinion if Brexit the two parts I'll lose before things getting better.its obviously another country's
They I'll follow the same. Soon or later Europe I'll collapse. And I'm right.? Right my words.
By Luis bernardo augusto from UK on 03 Jan 2020, 20:33