I propose taking Questions Nos. 7, 14, 17, 19, 21, 27, 31, 43, 46, 50 and 58 together.
The Select Committee on Enterprise and Economic Strategy will be discussing later today, in the context of, a Supplementary Estimate for my Department, the provision of £8 million for tourism promotion and development purposes which includes the consumer advertising campaign in the US and the £5 million recently announced in the budget.
As the House will already be aware, the advertising campaign in the US market is specifically aimed at securing additional tourist business to Ireland in 1994 and represents a unique response by the Government to an innovative proposal by the industry involving a partnership by my Department and the industry in a joint marketing campaign. The campaign is being co-funded by the Exchequer, the European Union and the tourism industry.
Advertising has been identified as the most effective means of generating incremental travel and the intensive media campaign, which will supplement Bord Fáilte's regular expenditure in the US market, will commence on 21 February with commercials on national cable and network television highlighting Ireland in a vibrant way. The television campaign will also be complemented by extensive advertisements in magazines and newspapers. In addition, a special 16-page full colour brochure "Ireland Vacations '94" has been produced featuring airfares and packages. This will be available for distribution to inquirers.
I am confident that the efforts being undertaken in the campaign will result in a resurgence of interest in Ireland. The campaign target is an incremental growth of 45,000 in vacation visitors. Combined with the growth forecast by Bord Fáilte an overall increase of 57,000 in visitor numbers from North America is expected, generating over £20 million in additional tourism revenue. This initiative was considered to be opportune given the strengthening of the US dollar, positive economic recovery in the US, the anticipated growth in visitors travelling to Europe and of course our participation in the World Cup.
The Irish tourism industry has been one of the most successful sectors of the economy in recent years and the Government's commitment to developing the sector further has been reaffirmed in the recent budget where an additional £5 million was allocated for a special tourism promotion and development programme. These funds will be under my direct control and I would like to outline to the House the new initiatives which I propose to implement. Essentially, the fund will be targeted at: intensified promotional campaigns aimed at the UK and other European markets; increased marketing to support and extend common air fare rating of Ireland with a number of European destinations, particularly London, so that more long haul tourists visit Ireland; innovative marketing programmes linked to sporting or artistic events; and projects coming on stream from the tourism council.
Tourism has been singled out by the Government as a target area for the generation of wealth and employment. Tourism is one of the fastest growing industries in the world and the measures which I have just outlined are intended to capture an increased share for Ireland.