Published on : Thursday, August 10, 2017
The Fáilte Ireland officials advised the hospitality sector of the urgency to provide value of money to the tourists; however, it is quite a reasonable bet that prices have already become uncompetitive in the market. The rising cost of Dublin hotel rooms has become a major concern these days since as a gateway to the rest of the country, it sets a trend. Over five thousand bedrooms are being made to sustain the city demand. Nonetheless, this accommodation pressure will carry on for at least two years.
The tourism and leisure sector has taken more than a decade to recuperate from the losses that happened during the Celtic Tiger years. Back in 2007, more than eight million visitors came to this part and left home nothing but disgruntled, complaining about high prices and bad value. During recession, the roof fell in. In 2011, Ryanair’s Michael O’Leary insulted Irish tourism by saying that it “in the toilet”.
It had mislaid more than 50 percent of British market and 30 percent of its Continental visitors whatsoever. Side by side, many hotels and restaurants had closed by then or were in receivership. With the help of Government assistance, along with an overhauled business model, hard work and value for money, the situation changed and marked a significant achievement. In 2016, nine-and-a-half million visitors spent almost €5.5 billion here and created record.
Tags: Failte Ireland