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Published on : Tuesday, June 28, 2016
“With the outcome of the referendum now decided, it is much too early to speculate on the long term consequences of the result for tourism in the British market. In the immediate term, however, performance will be obviously influenced by any volatility in exchange rates. Fortunately for Irish tourism, visitor markets in the US and Europe have been performing strongly and are expected to continue to grow. The British market has performed well so far this year but today’s result underscores the need for the Irish tourism sector to maintain a strong competitive position.
“In line with the Government’s contingency plans, Fáilte Ireland will be monitoring any short term impacts of a devalued Sterling on tourist numbers to Ireland and working with businesses in the sector to develop strategies to address any arising competitiveness challenges.”
Source:- Failte Ireland
Tags: Failte Ireland