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Travel in a Time of Brexit

July 06, 2016
The news of Great Britain leaving the E.U., known as “Brexit,” has left the world in shock. The vote sent waves through every international market, and while stocks have mostly evened out – and in some cases gained back the losses they suffered – one important economic marker has yet to fully recover.

The American dollar has not been as strong against the British pound in recent memory, with one pound now fetching around $1.33 US. This is in comparison to around $1.46 in the run-up to the Brexit vote, and more than $2 per pound in October of 2007.

Mitch-Stuart’s fundraising auction travel packages can take your supporters to Destinations of Excellence around the world, but there may be no better time than now to offer your donors a chance to head to London, where the dollar currently goes further than it almost ever has before. How does this translate on the ground? Your auction winner can:

Catch a game: The Premier League is one of the world’s most popular sports associations, with soccer fans around the globe tuning in on a weekly basis to watch teams like Manchester City, Liverpool and 2015-16 champion Leicester City. The drop in the pound also means that ticket prices have fallen, as well; Arsenal’s league-topping cost of 97 pounds on average for a single match ticket now comes in at just under $130, as opposed to almost $142, while Leicester’s 22 pounds price – sure to go up after winning last season’s title – has fallen from $32 to under $30, a steal for championship-caliber soccer anywhere.

See a show: London’s West End is a favorite destination for theater-lovers from around the world, a close second maybe to only Broadway for the peak of the art form. Accordingly, admission prices are higher here than in most theater districts around the world; an average high-end ticket cost almost 100 pounds in 2014. The current dip translates to a $13 dip – enough for a post-show pint at a nearby pub after the show.

Grab a meal: The English capital city has some of the world’s most inventive chefs working, but getting a table at Sketch or The Grill at The Dorchester may cause a bit of sticker shock. Those prices are a little less shocking now, though; The Grill’s summer prix fixe menu gets a small haircut (now under $75), while the Michelin-starred Sketch can now come in under triple digits.

There’s never really a bad time to help a donor visit London, but there’s almost never been a time during which the dollar has gone further than today. Want to set up your supporters with a chance to visit the United Kingdom? Reach out to one of our Travel Experts!