travel and tourism in ireland to 2017

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Introduction to Report

Launch Date: January 13, 2014

Number of Pages: 117

Geography Coverage: West Europe

Available Format: PDF

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About the Report

Overall tourist volumes decreased in Irelandduring the review period (2008−2012), due tothe declining disposable income of consumers.Inbound tourist volumes expanded at a CAGR of4.45% during the review period, and is expectedto increase over the forecast period (2013−2017)at a CAGR of 8.86%, supported by governmentinitiatives to promote tourism across theEuropean region.



Research Findings

Real GDP is expected to grow by 0.4% in 2013 as fiscaladjustments, high unemployment and ongoing economicuncertainty weigh on domestic consumption. Exports growthwill also remain poor due to low external demand. RealGDP, however, is likely to gain momentum and grow on anaverage by 2.3% between 2014 and 2017 aided by an expectedimprovement in exports coupled with a moderate recovery inprivate consumption from modest improvements in labormarket conditions.

Ireland’s economy failed to recover in 2012 recording a 5%decline in spending by domestic tourists as a result of decreaseddisposable incomes from the high rate ofunemployment, increased charges and taxation, focusing onpersonal debt reduction and a poor labor market. With spendingcapabilities restricted, it is anticipated that Irish people willspend holidays at nearby destinations, cutting costs associatedwith air travel.



Research Findings Continues..

Fáilte is extensively promoting overseas to attract more touristsby organizing cultural events such as 'the Gathering' and'Derry/Londonderry UK City of Culture'. The Derry/LondonderryUK City of Culture provided a unique opportunity to showcase adiverse range of cultural programs and events, aiming at bothcultural tourists and general visitors. The Gathering targeted theIrish diaspora in places like the UK, the US, Canada and Australia.

In July 2013, London and Dublin have planned to extend theCommon Travel Area, which currently allowing unhamperedtravel for the citizens of both countries by creating a 'mini-Schengen' area that enables tourists and business travelers fromrapidly growing Asian economies, to undertake travels with thehelp of common visas between the two islands. The globaltourism industry is expected to grow by 50% between 2013 and2030, and half of the tourists will come from China.




In January 2013, Ryanair planned to launch operations in North Africaincluding Libya. These destinations would be served by 189-seat Boeing737-800 aircraft with two new bases at Fez and Marrakech during 2013.Essaouira and Rabat were also newly announced airports that werelaunched at the end of March 2013. Canadian airline WestJet is expectedto enter the transatlantic market with a new service to Ireland during2014, with non-stop flights from St John’s, Newfoundland, and directservices with the same aircraft from Toronto to Dublin between Juneand October 2014.

In February 2013, DoubleTree by Hilton opened a hotel in Dublin inpartnership with Martinez Hotels & Resorts, having 138 rooms. MarriottInternational and Ikea have teamed to launch a chain of Europe-basedeconomy hotels under the Moxy Hotels brand, adding 150 franchisedMoxy Hotels across Europe including Ireland over the next 10 years. InMay 2013, Interstate Hotels & Resorts announced seven new hotelopenings across Europe, including Ireland. Choice Hotels announced fivemore properties in the UK and Ireland. Dublin's Gibson hotel has joinedChoice's Ascend Hotel Collection, facilitating 252 rooms.




Since 2008, the highest demand for car rentals wasgenerally between July and September in Ireland. Due tooversupply, there was a decrease of 13.87% in the fleetsize in 2012. Since Ireland is a small country, car rentalcompanies were unable to redistribute vehicles to otherareas where demand was higher. During the reviewperiod, there were many efforts made by Irish car rentalcompanies to redistribute vehicles outside Ireland bynegotiating with the government, which remainedineffective until 2012. The profitability of thesecompanies was adversely impacted due to the majority offleets not operating during off season.



Scope:

This report provides an extensive analysis related to thetourism demands and flows in Ireland:

It details historical values for the Irish tourism sector for2008–2012, along with forecast figures for 2013–2017

It provides comprehensive analysis of travel and tourismdemand factors, with values for both the 2008–2012review period and the 2013–2017 forecast period

The report provides a detailed analysis and forecast ofdomestic, inbound and outbound tourist flows in Ireland.

It provides comprehensive analysis of the trends in theairline, hotel, car rental and travel intermediariesindustries, with values for both the 2008–2012 reviewperiod and the 2013–2017 forecast period.



Report Coverage

1. Market Overview

2. Tourism Flows

3. Airlines

4. Hotels

5. Car Rental

6. Travel Intermediaries

7. Tourism Board Profile

8. Airport Profiles

9. Company Profiles – Airlines

10.Company Profiles – Hotels

11.Company Profiles – Car Rental

12.Appendix.

For more details regarding Report coverage see the last slide




Company Coverage (Partial List)

For more details regarding company coverage and TOC see the last slide




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travel and tourism in ireland to 2017

Business

cultural tourists

domestic tourists

common travel area

cultural events

unhampered travel

air travel

review period

expected improvement