Strong month for hospitality despite cost-of-living pressures as spending up 28%

AIB data also shows that spending in hotels and restaurants rose 12% and 7% respectively between May and June
Strong month for hospitality despite cost-of-living pressures as spending up 28%

Hotel spending rose by 12% in the same period along with restaurants, also up 7%, with the day of Dublin Pride bringing in the most consumer demand for hospitality. Photograph: Sam Boal / RollingNews.ie

Following a warm beginning to the summer months, consumer spending saw a sharp increase despite persistent cost-of-living pressures, with pubs, restaurants and bars all benefitting from greater demand and footfall.

The latest figures from AIB’s Spend Trend report show that, last month — the hottest June on record — spending in pubs rose by more than a quarter, increasing by 28% compared with May.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

Check out the Irish Examiner's WEATHER CENTRE for regularly updated short and long range forecasts wherever you are.

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited