Fáilte Ireland secured 524 international conferences and business events worth an estimated €212m to the Irish economy in 2019, according to newly released figures.
Final figures for 2019 versus 2018 show a growth of 4% on business wins which will help “drive economic growth in Dublin and across the regions,” according to Fáilte Ireland CEO Paul Kelly.
“€47m of this business has been won for regional Ireland through our work with the Regional Convention Bureaux in Galway, Kerry, Cork and Shannon.
“Business tourism is big business and is now worth at least €740m to the Irish economy, directly supporting 20,000 jobs. We have set ambitious targets to grow business tourism during the next five years to bring its value to the Irish economy over the €1bn mark,” said Paul Kelly.
Among the international conferences taking place in Ireland in 2020 are the World Library and Information Congress 2020 assembly, worth around €6.4m; and International Federation for Theatre Research 2020, worth around €1.2m.
Ireland has also just been announced as the location for next year’s SITE Global Conference taking place in early February. SITE – Society for Incentive Travel Excellence – will bring 600 professionals to Ireland for three days in 2021. This conference will be worth in the region of €1.1m to the economy.
Didier Scaillet, CEO of SITE explains why Ireland was chosen: ”SITE returns to Dublin again in 2021 after a 30 year hiatus. Dublin has become one of Europe’s most connected destinations, a global business hub for aviation, pharma, tech and biotech and a profoundly appealing destination with a deep cultural heritage and the legendary “Céad Míle Fáilte”, one hundred thousand welcomes. It’s the perfect location for our global community of incentive travel professionals to connect, learn, discover and shape the future of our industry.”
Ciara Gallagher, Fáilte Ireland’s Meet in Ireland Manager, said: “This year our goal is to build on the success of 2019 and increase Ireland’s share of the international business tourism market. We already have over 660 leads for international business events that we are working on converting which would generate more than €400m to the economy.”