Local hotels see rise in business this year
Published 21/07/2015 | 00:00
Hotels and guesthouses in Wexford have seen an upturn in business during the first six months of 2015 according to the latest quarterly barometer from the Irish Hotels Federation (IHF).
With overseas visitors to Ireland up 12 per cent year to date, local hoteliers are reporting an increase in business from key markets such as Britain, North America, France and Germany.
The IHF's industry survey shows that 87 per cent of Irish hoteliers are now optimistic about the trading conditions for their business over the next 12 months. Some nine out of ten hoteliers (90 per cent) across the country are reporting an increase in business levels compared to the same period last year. This strong performance is continuing into the peak summer season with 83% of premises reporting an increase in advance bookings over the coming months.
Aidan Quirke, Chair of the South East Branch of the IHF said confidence among hoteliers continues to strengthen as the recovery in Irish tourism takes hold. He notes that in addition to growth in overseas visitors the sector is beginning to benefit from a stronger domestic economy albeit from a low base.
He said that the upturn in tourism is being underpinned by a number of supportive measures from the Government, including the zero rate travel tax and the 9 per cent tourism VAT rate, which has brought Ireland more closely in line with tourism VAT rates across the rest of Europe.
He says that Ireland's Ancient East trail will deliver a further boost for Wexford, taking in local attractions such as the Dunbrody Famine Ship and Hook Head Lighthouse. The tourism initiative aims to showcase the wealth of assets across the South East.