Hotel furniture investments may be needed in the months ahead as the EU Referendum 'Brexit' vote turns into a boost in domestic staycation trade and an increase in overseas visitors arriving into the UK for holidays too.
According to a report from foodservice analysts Horizons, different sectors are likely to feel different effects due to the Leave vote winning the referendum, and the government's pledge to respect that democratic choice.
In the immediate aftermath of the result, the value of the pound dropped significantly against the US dollar and other world currencies - from a high of $1.50 just before the vote, to around $1.30 at its lowest in the days that followed.
While some industries may suffer due to this, it actually comes as largely positive news for many businesses in the hospitality and tourism trades, thanks to a double effect on increasing customer levels.
First of all, the less favourable exchange rates for Brits mean more people are likely to take a staycation this summer, and in subsequent years until the pound recovers much of its value, as prices abroad are now higher in real terms by around 10-15%.
But that also means travellers coming from overseas have a corresponding increase in their own buying power, which Horizons say should lead to a rise in international tourism into the UK.
"The hotel and leisure sectors are likely to benefit from the falling value of the pound making the UK a more desirable destination for visitors from overseas and for British holidaymakers who would otherwise go abroad," the analyst said in a briefing note.
In terms of investments, Horizons added: "No doubt, all the while, we will see examples of opportunistic investments. Ongoing market volatility will provide some investors with opportunistic gains."
Hotel furniture investments are one way to ensure you are ready for the likely rise in demand from domestic holidaymakers and international tourists alike.
By putting new, modern hotel furniture in place now, you can prepare your premises for this influx of guests, leaving you perfectly positioned to capitalise on any opportunistic gains that emerge during the years to come.