THE Fáilte Ireland Dublin Horse Show is worth €43 million to the national economy, it was revealed yesterday.
An assessment conducted by Indecon, the international consultants, showed the event contributed a total direct expenditure of €18.3m, and a total direct, indirect and induced expenditure of €43m to the economy.
RDS chief executive Michael Duffy said the overseas visitors alone directly spent an estimated €3m during their visit to the show, which will have a total prize fund of over €920,000 this year.
“The study underlines the importance and significance of the horse show to the economy in terms of both its financial contribution and its attraction to nationwide and overseas visitors,” he said.
Tourism, Culture and Sport Minister Mary Hanafin said the show is one of the highlights of the equestrian and social calendars in Dublin each year.
“I am delighted that Fáilte Ireland is once again the headline sponsor for the event, as there is so much to offer horse enthusiasts, families and tourists with the ever-expanding events and attractions.
“Central to the horse show each year is the very competitive jumping and showing competitions, which continue to showcase the very best of Irish-bred horses and the valuable contribution of this sector to the wider economy.
“Recent successes of the Irish equestrian team will make the competition all the more exciting and intense. There is something for everyone who attends the horse show and a memorable time is guaranteed for all involved,” she said.
Fáilte Ireland chief executive Shaun Quinn said its commitment to the event reflects two key beliefs: the potential of the equestrian sector to attract visitors and holidaymakers to our shores, and the importance of iconic events and festivals such as the show to generate economic activity.
The 137th show will feature 15 international jumping competitions, 30 national jumping competitions and 95 showing classes. Entries are up 3%.
International jumping competitions will include the Knight Frank Power and Speed on Thursday, the Meydan FEI Nations’ Cup for the Aga Khan Trophy on Friday, the Land Rover Puissance on Saturday and the Longines International Grand Prix on Sunday.
An added attraction is that the show will once again be the final venue for the Meydan FEI Nations’ Cup Series.
Other highlights will include the style and glamour of Blossom Hill Ladies’ Day on Thursday.
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