Tourism Ireland forecasts the sector will fully recover by 2025. In 2019 Ireland welcomed 11.3 million tourists, generating approximately $6.1 billion (€5.9 billion) in revenue.
The strong U.S. dollar has benefited Irish tourism. But the strong euro relative to the British pound has dampened inbound tourism to the Republic of Ireland from the UK. (Tourism Ireland does marketing for the full island.)
Hotel supply is a top headwind for Irish tourism, Gibbons said.
“Latest official figures show that more than 20 percent of hotel rooms are being used for non-tourism-related reasons, including housing Ukrainian refugees and the homeless,” The Times reported.
“This year Tourism Ireland has a budget of about $69.8 million (€70 million) to spend on marketing Ireland,’ The Times reported. “The majority will go on television advertising.”
The marketing project he is most proud of since Gibbons became CEO in 2009 is the annual Global Greening, where hundreds of landmarks worldwide light up in green to honor St Patrick’s Day.