Madame Tussauds-owner Merlin says Manchester, London attacks strike demand

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LONDON Visitor attractions organisation Merlin Entertainments has seen a dump in direct from domestic tourists following new attacks in Manchester and London and believes unfamiliar visitors could stay divided in a entrance months, it pronounced on Tuesday.

The firm, that runs traveller attractions such as Madame Tussauds waxworks, Sea Life and The Dungeons, pronounced that trade in a London business in a early partial of a year had benefited from an boost in unfamiliar visits to Britain, reflecting a weaker pound.

It pronounced this continued in a evident issue of an conflict in Westminster on Mar 22, nonetheless that occurrence did outcome in a softer domestic, day-trip market.

Merlin pronounced a successive attacks in Manchester on May 22 and London Bridge on Jun 3 resulted in a serve decrease in domestic demand.

“Given a standard loiter between holiday bookings and visitation, we are also discreet on trends in unfamiliar visitation over a entrance months,” a organisation said.

Merlin pronounced altogether organisation trade to date has been broadly in line with expectations, observant that over 70 percent of 2016 distinction was generated from outward a UK.

“I sojourn assured in a company’s underlying expansion prospects,” pronounced Chief Executive Nick Varney.

Shares in Merlin, adult 12 percent so distant this year, sealed Monday during 503 pence, valuing a business during 5.14 billion pounds ($6.52 billion).

(Reporting by James Davey; modifying by Kate Holton)

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