How big is Ireland’s tourism industry?

Tourism is one of Ireland’s most important economic sectors. According to the latest estimates, in 2018, out of state (Overseas and Northern Ireland) tourists generated €5.6 billion for the Irish economy. This figure rises to €7.3 billion when fare receipts to Irish carriers are included.

How much of Ireland’s economy is tourism?

Ireland – Contribution of travel and tourism to GDP as a share of GDP. In 2019, contribution of travel and tourism to GDP (% of GDP) for Ireland was 6.3 %.

How important is the tourism industry in Ireland?

With strong growth in recent years, tourism has reinforced its position as an important economic sector in Ireland, bringing jobs and revenue to all parts of the country. … Domestic tourists significantly increased by 13.4% to total 10.9 million overnight visitors in 2018 up from 9.6 million in 2017.

How much does Ireland make from tourism in 2020?

According to the report’s estimates, Ireland was expected to record 7.66 billion euros in tourism revenue in 2020. Due to the pandemic, however, the country was estimated to generate around 1.68 billion from tourism that year, reporting a revenue loss of roughly 5.98 billion euros.

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Does Ireland rely on tourism?

Tourism in the Republic of Ireland is one of the biggest contributors to the economy of the Republic of Ireland, with 9.0 million people visiting the country in 2017, about 1.8 times Ireland’s population. … Most tourists visiting Ireland come from the United Kingdom, the United States, Germany and France.

Is tourism the biggest industry in Ireland?

Tourism is Ireland’s largest indigenous industry employing 265,000 people, with 68% of jobs outside Dublin. 9.3 million overseas visitors came to Ireland in 2018, spending €5.1 billion while they were here. It is estimated that 23c of every euro is returned to the Exchequer in direct tourism-related taxes.

How many jobs does tourism create in Ireland?

Total contribution of travel and tourism to employment in Ireland from 2012 to 2020 (in 1,000 jobs)

Characteristic Contribution in thousand jobs
2019 139
2018* 127.1
2017 122.1
2016 116.1

Who regulates the tourism industry in Ireland?

Fáilte Ireland is the body responsible for ensuring that accommodation standards meet visitor needs.

What is Ireland’s tourism like?

Ireland’s tourism can be broken into two main parts: the high season and the low season. During the high season (June through August), the days are long and the temperatures usually reach the mid to the high 60 degrees Fahrenheit. However, prices for airfare and hotel rooms tend to skyrocket in the summertime.

What are the sectors of tourism?

Tourism is described as an industry with 8 sectors which are; accommodation, adventure tourism and recreation, attractions, events and conferences, food and beverage, tourism services, transportation, and travel trade.

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How much revenue does the hospitality industry generate Ireland?

This statistic shows the revenue of the industry “accommodation and food service activities“ in Ireland by segment from 2012 to 2018, with a forecast to 2025. It is projected that the revenue of accommodation and food service activities in Ireland will amount to approximately 5,248.38 million U.S. Dollars by 2025.

Why does Ireland attract tourists?

Ireland is a place to visit not only for its beauty and history, but because of its lively atmosphere. The Irish are known worldwide for their festive celebration and the country hosts many events and festivals along the year. … It is the largest festival of traditional music in Ireland.

How many tourists visited Ireland 2020?

Over Four Million Tourists Visited Ireland In 2020, Here’s Where From.