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11/01/2016
Fáilte Ireland Predicts Tourism Increase In 2016
Irish Tourism is expected to increase by 6% in 2016, Fáilte Ireland has announced.
The agency predicts a rise in tourism would generate €8 billion in additional revenue.
However, it warned a lack of hotel rooms in Dublin is one area to be improved upon, estimating around 5,000 extra units are needed.
Overall, 7.3 million foreign visitors came to Ireland in 2015, an increase of 11% on 2014.
The industry was worth €7.8bn last year with €1.8bn going in taxes to the Exchequer.
Fáilte Ireland's Chairman, Michael Cawley, said: "Assuming no major external shocks, I believe Irish tourism is well placed to grow again in 2016, possibly by as much as 6%.
"The access capacity to the country is set to increase again this season, economic conditions in key source markets are generally positive and our brand offering is compelling and improving.
"Continuing favourable exchange rates are also helpful. This all augers well for the wider economy, with total tourism revenues likely to hit €8billion this year with obvious consequences for further job creation."
(LM)
The agency predicts a rise in tourism would generate €8 billion in additional revenue.
However, it warned a lack of hotel rooms in Dublin is one area to be improved upon, estimating around 5,000 extra units are needed.
Overall, 7.3 million foreign visitors came to Ireland in 2015, an increase of 11% on 2014.
The industry was worth €7.8bn last year with €1.8bn going in taxes to the Exchequer.
Fáilte Ireland's Chairman, Michael Cawley, said: "Assuming no major external shocks, I believe Irish tourism is well placed to grow again in 2016, possibly by as much as 6%.
"The access capacity to the country is set to increase again this season, economic conditions in key source markets are generally positive and our brand offering is compelling and improving.
"Continuing favourable exchange rates are also helpful. This all augers well for the wider economy, with total tourism revenues likely to hit €8billion this year with obvious consequences for further job creation."
(LM)
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