UK Tourists, The Great Recession and Irish Tourism Policy

October 27, 2011
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Inbound tourism to Ireland fell sharply in 2009 and 2010. Visits to Ireland from the UK, the dominant country of origin of visitors to Ireland, did not fall faster than UK visits elsewhere. We use micro-data for UK travellers to estimate price elasticities of tourism demand for various market segments. The proposed reduction in the travel tax, and the reduction in the VAT rate for "tourism goods and services" would lead to a modest increase in visitor numbers and expenditure. However, the increase in expenditure is small compared to the foregone tax revenue.

Author(s)
Niamh Callaghan
Richard Tol
Research Area(s)

Publication Details

Publisher

ESRI

Place of Publication

Dublin

Date of Publication

October 27, 2011

ESRI Series

ESRI Working Paper 412