According to GlobalData, a data and analytics
company, Ireland is experiencing a slowdown in the growth of
The Compound Annual Growth Rates (CAGR) of
international arrivals is nearly
half the rate of previous years, going from 8.1% between 2014 and
2018, to a forecast 3.8% for between 2018 and 2023.
The company’s latest report ‘Tourism Destination
Market Insights: UK & Ireland - Analysis of destination markets,
infrastructure and attractions, and risks and opportunities’,
includes an analysis of source markets, infrastructure and
attractions, and assesses the risks and opportunities for the UK &
Ireland as destination markets.
Johanna Bonhill-Smith, Associate Analyst for
Travel and Tourism at GlobalData, said, “Ireland received around
9.3 million international arrivals in 2018 and an increase of 3.9%
is forecast for 2019; meaning around 9.7 million international
travelers will visit Ireland. Despite this growth, 2017 to 2018 held a
yearly difference of 7%, nearly double the amount for the increase
The UK holds the top position for international
arrivals presently, due to accessibility, affordability and
convenience in travel to Ireland. However, due to ongoing
negotiations and uncertainty caused by Brexit, GlobalData says
that traveler flows have decreased 4% from 6.8% in 2017 to 2018, to 1.7% from
2018 to 2019.
European source markets accounted for 76% of
total international arrivals to Ireland in 2018 with countries such as
Germany, France, Italy and Spain taking the lead.
“Despite overall slowdown
with international arrivals, Canada forecasts as a promising
source market for Ireland. Due to cultural similarities, the
emergence of new flight routes followed by an increase in
promotional campaigns to this North American destination, Canadian
travelers are expected to grow by 7% from 2018 to 2019, further
highlighting opportunities for growth within Ireland’s source
markets,” added Bonhill-Smith.
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