Failte Ireland finds that although there are large numbers of new Dublin hotel rooms in the pipeline, the addition of capacity is being outpaced by growing demand. The organization projects a shortfall of at least 1100 rooms in 2020.
Quoting from the report:
"Fáilte Ireland estimates that every additional 200 bed hotel generates tourism revenue of €9m, creates 180 jobs and contributes €2m per annum to Exchequer earnings. The additional hotel bedrooms expected to 2020 should generate approximately 5,000 jobs, €250m in tourism revenue and €55m annually for the Exchequer."
Fáilte Ireland CEO Paul Kelly points out that because Dublin is the gateway to all of Ireland for the majority of visitors, being unable to find accommodation in Dublin will cause visitors to stay away from Ireland.
Can Tourism Ireland work with airlines and regional tourist boards to pull more inbound tourists through Shannon and Cork?