Tourism sector prices will only get worse if costs are 'not mitigated'
Chief executive of the ITIC Eoghan O’Mara Walsh said hotel room prices in Dublin are comparable to Amsterdam, Lisbon and Prague.
The Irish tourism and hospitality sector is only going to get more expensive if the increasing costs of doing business are “not mitigated”, a new report has found, as sector representatives once again try to pile pressure on the Government to reduce the Vat rate.
The report, which was authored by economist Jim Power on behalf of the Irish Tourism Industry Confederation (ITIC), found businesses in this sector could see payroll costs increase by €456 million in 2024 and €1.4 billion by 2026 due to Government policies.




