Tourism Ireland and Fáilte Ireland have welcomed the measures outlined in Budget 2021 for the survival and recovery of the Irish tourism sector.
Niall Gibbons, CEO of Tourism Ireland, said: “COVID-19 delivered an immediate and devastating impact on tourism and hospitality this year. Since the middle of March, we have
had virtually no international visitors.
“We therefore welcome the Government’s and Minister Catherine Martin’s recognition of the extremely serious challenges facing our industry right now. The measures for Irish tourism businesses outlined in Budget 2021 are an important first step on the road to recovery for Irish tourism – including the reduction of the VAT rate from 13.5% to 9% and a fund of €55 million to support tourism businesses in response to COVID-19. When international travellers are on the move again, the reduced VAT rate will ensure that Ireland is more competitive and that tourism businesses can offer good value, to help hold our market share. Tourism Ireland will be communicating the good news about the new VAT rate to our important travel trade partners around the world.
Failte Ireland ceo CEO Paul Kelly said “the record level of funding for Tourism secured by Minister Catherine Martin will help meet the urgent needs of thousands of tourism businesses while providing long-term hope for the Sector.“
“Economically tourism was hit first, hit hardest and will take the longest to recover from the COVID19 crisis. The measures announced in Budget 2021 can provide thousands of hard-pressed businesses a pathway to rebuild and recover. Fáilte Ireland worked extremely closely with Minster Martin and her officials in advance of Budget 2021 and we are extremely pleased that the overall tourism package secured by the Minister reflects the urgency and level of action required to meet the needs of a sector in deep crisis. The increase of €59 million on the 2020 allocation for Tourism will ensure we can build on our current body of work supporting the industry on the ground,”