Information from the Irish Tourism Industry Confederation regarding COVID-19
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The Irish Tourism Industry Confederation represents the leading tourism interests throughout Ireland and publishes updates regarding COVID-19 on their website
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Subscription to email updates and COVID-19 updates available on their website
Key Tourism Asks within Programme for Government
April 30th 2020
Tourism: the economic lifeblood of regional Ireland
Ireland’s tourism industry – the country’s largest indigenous industry and biggest regional employer – needs to be front and centre of the new Programme for Government that is being negotiated. Irish tourism employed 265,000 people last year and was worth over €9 billion with over €2 billion returned to the exchequer in direct tourism related taxes. Yet Covid-19 has decimated the industry swiftly and mercilessly....
To see the full post click HERE
April 30th 2020
Tourism: the economic lifeblood of regional Ireland
Ireland’s tourism industry – the country’s largest indigenous industry and biggest regional employer – needs to be front and centre of the new Programme for Government that is being negotiated. Irish tourism employed 265,000 people last year and was worth over €9 billion with over €2 billion returned to the exchequer in direct tourism related taxes. Yet Covid-19 has decimated the industry swiftly and mercilessly....
To see the full post click HERE
Excerpt from itic Bulletin no. 4 Click HERE for the bulletin in full
A first stab at the cost of Covid-19 to Irish tourism
Based on 2019 CSO data, when overseas tourist expenditure in Ireland (excluding air and sea fares) amounted to €5.1 billion, ITIC has made an initial estimate of the cost of Covid-19 to Irish tourism. Assuming Q1 has a -60% impact (March wiped out and no Saint Patrick’s Festival), Q2 sees a -85% impact (when little international business of any serious note happens), and then slow recovery occurs in Q3 (-70%) and Q4 (-50%), the overseas earnings element of the tourism economy for 2020 could amount to as little as €1.58 billion, a Covid-19 cost to Irish tourism of €3.52 billion. When including fares paid to Irish air and sea carriers by international visitors the total cost of Covid-19 amounts to over €5 billion.
A first stab at the cost of Covid-19 to Irish tourism
Based on 2019 CSO data, when overseas tourist expenditure in Ireland (excluding air and sea fares) amounted to €5.1 billion, ITIC has made an initial estimate of the cost of Covid-19 to Irish tourism. Assuming Q1 has a -60% impact (March wiped out and no Saint Patrick’s Festival), Q2 sees a -85% impact (when little international business of any serious note happens), and then slow recovery occurs in Q3 (-70%) and Q4 (-50%), the overseas earnings element of the tourism economy for 2020 could amount to as little as €1.58 billion, a Covid-19 cost to Irish tourism of €3.52 billion. When including fares paid to Irish air and sea carriers by international visitors the total cost of Covid-19 amounts to over €5 billion.
