Fáilte Ireland says that last year it helped to attract international conferences and business events to Ireland worth €212 million to the economy, an increase of 4 per cent.
Chief executive Paul Kelly, said about €47 million worth of conference and meetings business was attracted to regional locations outside of Dublin, in partnership with regional convention bureaus in Galway, Kerry, Cork and Shannon.
Fáilte Ireland said it also aims to grow the State’s share of the international business tourism market segment in 2020.
Business tourism is worth €740 million to the economy overall, and Failte Ireland is aiming to drive this beyond €1 billion annually over the next five years.
“We already have over 660 leads for international business events that we are working on converting which would generate more than €400 million to the economy,” said Ciara Gallagher, Fáilte Ireland’s “Meet in Ireland” manager.
Recent wins for the sector here include the Society for Incentive Travel Excellence, which will bring 600 delegates to the State in 2021, worth €1.1 million.
A convention in Dublin this April of medical professionals from the European Society of Gastrointestinal Endoscopy is expected to attract 2,800 delegates, generating about €4.6 million for the economy. Meanwhile, a convention of librarians in August is expected to generate €6.4 million from 4,000 delegates.