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Ireland Hospitality Industry Outlook 2024 - 2028

See how Ireland Hospitality performed compared to key markets such as the United Kingdom, Italy and France.

Key Market Indicators

**Irish Accommodation Expenditure to Reach €2.34 Billion by 2028** Ireland's accommodation expenditure is projected to increase from €2.08 billion in 2023 to approximately €2.34 billion by 2028. This represents an average annual growth rate of 1.8%. Despite this growth, Irish demand has seen a slight decline of 0.1% per year since 2000. In 2023, Ireland ranked 13th in terms of accommodation expenditure, with Sweden just ahead at €2.08 billion. Italy, France, and Germany occupied the second, third, and fourth positions, respectively. **Increase in Irish Accommodation Establishments** The number of accommodation establishments in Ireland is expected to grow from 22,430 bedplaces in 2023 to about 23,240 bedplaces by 2028, marking an annual growth rate of 0.6%. Since 2000, the supply of bedplaces in Ireland has increased by 3.2% annually. In 2023, Ireland ranked 26th, with Estonia just ahead at 22,430 bedplaces. Spain, France, and Germany ranked second, third, and fourth, respectively. **Revenue from Irish Accommodation Services to Hit €5.65 Billion** Revenue from Ireland's accommodation services is set to rise from €4.88 billion in 2023 to approximately €5.65 billion by 2028, growing at a compound annual growth rate (CAGR) of 2.3%. Since 2010, the Irish market has seen a yearly increase of 3.1%. In 2023, Ireland ranked 13th in accommodation services revenue, with Sweden ahead at €4.88 billion. Spain, France, and the United Kingdom were the second, third, and fourth highest earners in this category, respectively.

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Ireland Hospitality Market Data and Forecasts