2009 was tough – but modest growth should return next year

The ITIC year-end report for 2009 estimates that overseas visitor numbers dropped by 12% in 2009, with an associated revenue decline of at least 20%. Domestic tourism is estimated to have experienced an 8% drop in visits, with an associated revenue decline of over 13%. Despite the downturn, Ireland will have earned over €5 billion […]... Read More

The Outlook is Positive

The level of future demand for Irish tourism will largely be determined by economic factors and consumer confidence in our main source markets. It is also probable that we are entering an era of changed consumer behaviour patterns. Irelands two principal markets, Great Britain and the United States, between them provide over 60% of our […]... Read More

Future Economic Growth will not be driven by the Construction and Retail Sectors as in the past

That’s the bold prediction in a new report launched yesterday from the National Competitiveness Council (NCC). Generating export-led growth is the only sustainable strategy to secure long term growth and prosperity. The NCC report Driving Export Growth: Statement on Sectoral Competitiveness (click here to download the report), identifies the key competitiveness issues facing Ireland’s main […]... Read More

Domestic Market vital to Tourism Recovery

The domestic holiday market, worth €1.5 billion annually, has more than doubled since 2000 with a dramatic growth in the number of short breaks taken in Ireland by Irish residents. Three out of every four home holiday trips are now short breaks, while the growth in domestic market demand has generated over 90% of new […]... Read More