✍️Weekly update from our CEO Eoghan O'Mara Walsh
CEO weekly diary #73: United approach, Season extensions, European review 2024 is careering to an end - weeks seems to slip by at a dizzyingly quick rate. Will we have a Government and Tourism Minister by year end? No reason why not with FF, FG and the Independents ready to tie the knot. However soundings are that it will be into January which seems unnecessarily prolonged. The latest development is that the Independent grouping wants a seat at the Cabinet table. That could conceivably be the Dept of Tourism (altho more likely Dept of Rural & Community Development) and - depending on the personality - this mightn’t be the worst result as Independents tend to have a sympathetic approach to indigenous SMEs. Qué Será Será as they say but whatever the outcome the tourism and hospitality sector has a united approach to what the incoming Minister’s priorities should be: VAT reduction, Employer PRSI reform, Tourism to an economics ministry, and the lifting of Dublin Airport’s passenger cap. Re the latter look at the impact of the Holyhead chaos to see how an island nation is so dependent on seemless access. The tourism sector is a seasonal one but less so than it used to be. Initiatives have long been deployed to stretch the season. One of the most successful ones currently is Fáilte Ireland’s ‘Winter in Dublin’ campaign. Lots of promotion of shopping, culture and festive cheer in the capital and it seems to be paying off with hotels, pubs and restaurants set for a busy Christmas run-in. January tho remains a long, cold and quiet month but at least hospitality coffers are somewhat bolstered at the end of the year. Readers of this weekly log will know my admiration and nervousness in equal measure relating to the inbound US market. Admiration because of its enormous value to Irish tourism and nervousness because of its dominant performance in recent years, which might be now at risk with Trump tariffs and tantrums. I’ve always been of the view that we need a balanced portfolio of source markets. I’m pleased therefore that Tourism Ireland will be shortly undertaking a review of European markets - industry will feed into this and hopefully it will result in stronger French, German, Scandi and Med business in years to come…🇪🇺