Today, Scotland voted on independence with respect to the United Kingdom. While the political and economic ramifications of the victory of a “Yes” are not negligible, how would it truly affect the country’s tourism industry and hotel market?
In a recent study by the Scottish firm LJ Research of a sampling of 700 people who had recently traveled to the United Kingdom, 84% of those surveyed declared that the result of the referendum would not affect their decision to take their holiday in Scotland. Only 8% indicated they would be less...
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