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Dublin lags behind the rest of Ireland in tourism spending as foreign visitors finally return

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Tourist spending in Dublin rose 8 per cent in the second quarter of the year. However, according to the latest MasterCard Spending Pulse, that growth lagged well behind national levels.

Outside the capital, tourism spending rose 25 percent in the second quarter from the first quarter of the year.

Tourism spending outside of Dublin was also up 294 per cent year-on-year, while tourists in Dublin this year spent just 72 per cent more than the same period in 2021.

The report attributed tourists’ decision to stay further afield to rapidly rising hospitality costs in the city. In addition, spending by UK tourists fell by a fifth in the quarter.

However, tourism spending by visitors from China and France increased by 81 percent and 21.3 percent, respectively, in the second quarter of the year.

“The net result is that while long queues are challenging due to travel recovery, the positive economic impact on the community and country is compelling,” said Spending Pulse global director Michael McNamara.

Total retail spending in Dublin rose in the second quarter as inflation rose.

Retail spending in the capital rose 1.6 percent, with particular growth in the entertainment industry. This sector grew 9.2 per cent over the quarter in Dublin as the summer holidays began.

Spending on essentials and housewares also rose 1.5 percent and 1.7 percent, respectively, for the quarter.

Overall retail spending in Dublin rose 7.4 per cent year-on-year, with restraints in place for the same period last year. Nationally, total retail spending followed a similar trajectory, increasing 8.3 percent year-on-year.

Shoppers across Ireland also spent more on homewares over the year, with spending up 4.2 per cent. Consumers across the country also opted to spend 104.5 percent more on hospitality and entertainment in the second quarter of 2022 compared to a year earlier.

Last week the CSO released the latest air and sea travel statistics showing that 1,703,200 overseas passengers arrived in Ireland in June.

“This shows a dramatic recovery compared to June 2021, when 160,000 overseas passengers arrived,” said statistician Gregg Patrick.

“However, overseas arrivals remain significantly lower (12 percent) than before the pandemic in June 2019, when 1,941,100 overseas passengers arrived.”

Over half a million of these visitors came from the UK, with the Spanish routes proving to be the busiest with over 250,000 passengers arriving.

https://www.independent.ie/business/irish/dublin-lags-behind-rest-of-ireland-in-tourism-spend-as-foreign-visitors-finally-return-41888527.html Dublin lags behind the rest of Ireland in tourism spending as foreign visitors finally return

Fry Electronics Team

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