Business Irish

Sunday 25 September 2016

Gay tourism worth €843m to economy

Published 03/09/2015 | 02:30

People gathered at Dublin Castle as the results of the same-sex marriage referendum were counted. Photo: PA
People gathered at Dublin Castle as the results of the same-sex marriage referendum were counted. Photo: PA

Lesbian, gay, bisexual and transgender (LGBT) tourism is forecast to contribute up to 17pc of all tourism to Ireland.

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Paul Thompson, of asset management firm LGBT Capital, estimates that LGBT inward travel is worth around €843m to the country's €6bn tourism industry.

However, the data generated for Ireland was based on 'macro' figures and research done in other markets such as the UK and USA, he said.

Fáilte Ireland confirmed it did not have figures on LGBT travel, but a spokeswoman said a surge in LGBT tourism following the gay marriage referendum would not be surprising.

"The recent referendum was profiled extensively in media at home and overseas and would certainly have brought Ireland to the attention of the global LGBT sector. So coupled with the ongoing growth in overseas visitors reported by the CSO, it would be no surprise if we did see an increase in visitors from the LGBT sector," she said.

Mr Thompson said LGBT Capital calculated its figures for Ireland based on more detailed research carried out in other countries.

LGBT travel contributes €4.4bn to the UK economy, €6.1bn to Spain and €19.1bn in the USA.

Irish Independent

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