Warning That No-Deal Brexit Will Damage Tourism Industry

A Clare-based Past President of the Irish Hotels Federation is warning that no single market is strong enough to mitigate the impact of a no deal Brexit.

It comes as national tourism chiefs warn of the impact on employment in areas that rely on the sector.

CONTINUE READING BELOW

With uncertainty still in the air, businesses in all sectors are facing up to the possibility of a Hard Brexit, and what it could mean.

The Government has previously warned it could result in the loss of up to 40,000 jobs in the tourism, agri-food and manufacturing industries.

Tourism chiefs have appeared before TDs today, saying a numbers of steps have been taken to attract increased footfall from new and existing markets.

But Chief Executive of Fáilte Ireland, Paul Kelly is warning of significant economic losses in the case of a no-deal scenario.

Past President of the Irish Hotels Federation, Michael Vaughan doesn’t believe that Clare will be hit as hard as other parts of the country, on account of growing visitor numbers from the US.

But, while the Lahinch Hotelier believes Ireland should be re-doubling its efforts to attract new markets, he insists there’s no single area that could mitigate the loss of British visitor numbers.

Away from tourism, meanwhile, a leading Shannon employer has echoed fears that every business will feel some impact in the wake of Brexit.

Reagecon has just signed a ten million euro deal with one of its main distributors, which will see thousands of products produced at it’s Clare base distributed in the Chinese market.

Founder and Managing Director, John Barron says it validates work carried out by the company in recent years, but he says, like every other business, it now faces a fresh, and uncertain challenge ahead of Brexit.