Published on : Thursday, June 19, 2014
Almost three quarters (74%) of tourism businesses are anticipating an increase in business in the year ahead according to the latest Fáilte Ireland Tourism Barometer which was published today.The survey of tourism businesses, carried out in April and May,
records business sentiment at a height not seen since the Celtic Tiger years:
Business Sentiment Index
2007 2008 2009 2010 2011 2012 2013 2014
Up 45 14 15 28 39 48 68 74
Same 24 18 11 25 31 26 21 18
Down 31 68 14 47 30 26 11 8
The high level of optimism about the performance of the rest of the year is prevalent round the country with all sectors of tourism expecting an increase in visitor volumes on 2013. Hotels are particularly bullish with 80% expecting an increase in business.
Speaking about the year ahead in an appearance this morning before the Oireachtas Joint Committee on Transport and Communications, Shaun Quinn CEO of Fáilte Ireland commented on the rising sentiment:“This optimism is firmly rooted in improved facts on the ground. For example, the majority of accommodation operators are reporting an increase in visitor volumes so far this year, compared to the same period last year. Of these, hotels remain the strongest sector, with more than two thirds of respondents reporting an increase.
“The industry members we work with are not only forecasting further growth from European and American markets but are also telling us that they detect growing confidence in the British and Home holiday markets also. This is incredibly encouraging and, if this translates into additional breaks and travel from those parts, we could be in for a bumper season this year.”
Source:-Tourism Ireland
Tags: Bright summer forecast as tourism sentiment soars, Tourism News
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