'Silver lining' for Irish tourism despite euro sliding to $1 parity against dollar

The tourism outlook is much more uncertain as the global cost-of-living crisis unfolds, according to the Irish Tourism Industry Confederation.

New figures from the Irish Tourism Industry Confederation show that foreign tourism is recovering as air routes are restored following the worst of the Covid-19 crisis. 

There is "a silver lining" from the euro reaching parity against the dollar because US tourists will have more to spend vacationing in Ireland this summer, the head of the Irish tourism confederation has said. 

Eoghan O'Meara Walsh, chief executive of the Irish Tourism Industry Confederation, or ITIC, said that the fall in the euro boosts the spending of US tourists.