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Ireland’s Tourism Growth Rates Have Dropped Significantly from Last Year

Ireland’s Tourism Growth Rates Have Dropped Significantly from Last Year
Ireland’s Tourism Growth Rates Have Dropped Significantly from Last Year

According to an analytics company, GlobalData, the growth rates for the number of arrivals for Ireland have dropped significantly with the compound annual growth rate by nearly half when compared to the previous year. In the Last four years, the rate was 8.1% but now it has significantly dropped to 3.8%.

According to the latest report provided by the company its analysis includes the study of the source markets, attractions, and infrastructure also the risks and analysis for the destinations of UK and Ireland as the tourist market.

An associate analyst for the travel and tourism unit at Global Data, Johanna Bonhill Smith said that in the year 2018, Ireland had received nearly 9.3 million for international arrivals and in 2019 it is expected to see an increase of 3.9%, this means about 9.7 million tourists are expected to visit the country this year as per the forecasts.

As per the reports, the United Kingdom holds the top place for securing the highest number of international arrivals. This was due to the affordability, accessibility, and convenience in travel to Ireland. However, due to the ongoing Brexit negotiations, the flow of travelers in the country is slowly losing its pace reducing significantly from 6.8% in 2017 to 4% in 2018 and even further to 1.7% between 2018 and 2019.

Due to the current political scenario in Ireland for Brexit, the potential travelers to the country could also be hindered in the process and prompt them from choosing Ireland as their next travel destination. This is due to the insecurities in the country for the ongoing political circumstances. Therefore, if the tourism government wanted more tourists then they have to work collaboratively on campaigns for encouraging more European Tourists to Ireland.