General Industry News
Tourism Ireland comments on CSO figures indicating modest growth of +2.8% in overseas visitors for January-July 2019
www.tourismireland.com– 29.08.2019
Commenting on figures published by the CSO for overseas visitors to Ireland for January to July 2019, Niall Gibbons, CEO of Tourism Ireland, said: “Today’s figures from the CSO indicate that overseas arrivals increased by +2.8% in the first seven months of 2019. However, the month of July has shown a continuing weak trend – with a fall of-0.5%. “The figures for January to July indicate a very mixed picture – with a modest performance and some continuing underlying weakness from Britain (+0.5%) and Mainland Europe (+2.2%), but with North America (+6.4%) and long-haul markets (+7.1%) showing growth so far this year. Feedback from industry partners on the ground suggests weaker demand in the peak summer season and a late booking pattern, with concern being expressed for the remainder of 2019”.
Consumer confidence in Irish economy at six year low
The Irish Examiner – 13.08.2019
Consumer confidence in the Irish economy is at a six-year low. That is according to the latest KBC Bank consumer sentiment index for July. It has seen a sharp drop compared to June, with Brexit, the jobs market and spending power the main worries among consumers. Chief Economist at KBC Bank, Austin Hughes, said while Brexit is their main concern, there are also other factors behind people's downbeat views. "During the survey period we also had a number of high profile domestic warnings about recession, about over-heating. When consumers are struggling to understand what Brexit might do...it just makes consumers altogether more confused about their economic outlook."
Norwegian has confirmed it is stopping its transatlantic flights to Ireland from next month.
The Irish Examiner – 13.08.2019
The airline has blamed the global ground of 737MAX aircraft for the decision. The airline said it would continue to fly 46 non-stop routes between the US and Europe using Boeing 787 Dreamliner aircraft, but Ireland will lose out. Non-stop services to Cork and Shannon ended in March with the grounding of the 737 MAX aircraft and passengers were rerouted to Dublin flights out of both Providence and Stewart. The airline said the service to Dublin from the two US cities and, also Hamilton, Canada, continued, but will now end with the last flight from the U.S. – both Providence and Stewart – on September 14, arriving in Dublin on September 15.