Ireland: Hotel Market Trends & Analysis
By Mairea Doyle-Balfe on June 29, 2021
Market Report: Ireland Hotel Market Trends & Analysis
In 2019, the tourism industry in Ireland was valued at over €9bn to the economy, with overseas visitor numbers at their highest-ever level at 10.8m. Similar to other countries, COVID-19 has had an extreme impact on the tourism sector, with a lack of international visitors and restrictions on hospitality, tourism and leisure businesses.
The recommencement of international travel and connectivity into Ireland, as well as the full reopening of the economy, will be important measures to grow the sector again and regain the losses incurred since the pandemic began. Ireland is considered a leading tourism destination with a high-quality product offering and the continued investment into the Dublin hotel sector is reflective of this.
This report by Horwath HTL Ireland, provides an insight into Ireland’s tourism and hospitality market.