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Report: The Gathering Boosted Economy by €170m

The Gathering has proved to be a resounding success.

Fáilte Ireland CEO Shaun Quinn has welcomed the news that the Gathering has exceeded its revenue target, bringing a €170 million boost to the Irish economy.

“As Chairman of the Gathering, I am particularly pleased that the initiative has delivered in the manner we always imagined it would when we, in Fáilte Ireland, first began to develop the concept.”

2013 has been a good year for the tourism industry due to the increased numbers of international visitors which have boosted revenue and created jobs. Optimism in the sector has also been strengthened by the Government decision in Budget 2014 to retain the lowered VAT rate for the hospitality sector.

Mr Quinn was quick to guard against complacency, saying “It would be very tempting, at the end of such a busy year for tourism, for all of us to sit back and simply count our literal or metaphorical takings”.

According to Mr Quinn it is necessary to “Guard against complacency and assuming that a beneficial rising tide in many of our overseas markets will simply carry us back to the same levels we enjoyed through the boom. In fact, just as this industry had to fight for survival over the last five years or so, we need to energetically chase growth in 2014 to build on the momentum of The Gathering.”

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