Businesses are facing cost inflation and other economic stresses including rising costs in food and energy, increased wages in a competitive recruitment market and the cost of insurance. These are all factors that will find their way through to consumer prices.
The Hospitality and Tourism Forum, which is co-chaired by the Tánaiste and myself is the appropriate arena in which to discuss issues with the industry including pricing and its impacts on tourism, and other key questions arising as the sector rebuilds. The most recent meeting was held on 12th September 2022.
My Department continues to engage with bodies such as Fáilte Ireland, Tourism Ireland, the Irish Tourism Industry Confederation and the Irish Hotels Federation in order to further understand underlying issues surrounding the recovery of the tourism sector and to emphasise the importance of maintaining a strong value proposition at the core of tourism.