FULL SUBMISSION.pdf

Tourism_Budget_2023_submission_ITIC_28July2022.pdf
Preview of FULL SUBMISSION
🔗 Source: itic.ie
📊 Size: 688 KB
👤 Author: [email protected]
⬇️ Downloads: 56

Summary

Ireland's tourism industry is seeking support in Budget 2023 to retain competitiveness and maintain investment, enabling the industry to recover and deliver regional economic balance, exchequer receipts, and employment. The industry suffered significantly during the Covid-19 pandemic, with losses of over €12 billion, but has rebounded strongly since reopening in March. However, the industry faces challenges such as inflationary cost increases, supply shortages, and geopolitical uncertainty. The Irish Tourism Industry Confederation (ITIC) has made five key budget asks, including retaining the 9% tourism VAT rate, maintaining tourism investment, increasing car hire supply, addressing labour shortfalls, and supporting regional connectivity. The full recovery of Irish tourism is crucial to the Irish economy, with the industry employing 270,000 people and generating €9.5 billion annually before the pandemic.

Description

Ireland's tourism industry is seeking support in Budget 2023 to retain competitiveness and maintain investment, enabling the industry to recover and deliver...

Technical Information

  • File Format: PDF
  • File Size: 688 KB
  • Pages: 20
  • Language: EN
  • Author: [email protected]
  • Total Downloads: 56
  • Last Updated: 1 month ago

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