Tourism Impact Plans Launched

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W2 Consulting complete major reviews of regional tourism impacts.

W2 Consulting recently undertook two major studies into the impact of tourism on the regional economy.  These included the economic impact study of tourism in Killarney and secondly, the independent economic impact review of the Shannon Group and Shannon Airport.

25/04/18 REPRO FREE
Mark O’Connell W2 Consulting and Matthew Thomas CEO Shannon Group announcing a new report showing Shannon Group’s role as a major driver of economic growth in Ireland has been revealed in a new report that shows it supports 46,000 jobs, generates an economic impact of €3.6 billion per year and contributes €1.1 billion in Exchequer returns.
The report highlights the Shannon Group as a key economic engine, delivering for the region and confirms its pivotal role as a catalyst for achieving the Government’s ambition for a more balanced distribution of growth in Ireland as set out in the National Planning Framework (NPF). The report was compiled by strategic research consultants W2 Consulting.
The semi-state company, which was formed in 2014, comprises Shannon Airport, Ireland’s second largest long-haul airport; Shannon Commercial Properties, one of Ireland’s largest commercial property owners/developers and Shannon Heritage, Ireland’s largest operator of tourist attractions. The W2 Consulting report is based on 2016 data.
Photo: Sean Curtin True Media

W2 Consulting undertook an economic impact study for tourism in Killarney which was released by the minister for tourism and local Kerry TD, Brendan Griffin.

The Killarney Tourism Economic Impact Review report published today reveals that tourism in the town generates €410 million every year.

The report also outlines how Killarney receives 1.1 million visitors annually, supporting 3,122 local jobs.

W2 Consulting undertook an economic impact study for Shannon Airport.

W2 Consulting recently completed the economic impact review of the Shannon Group and the wider impact of its activities nationally including a focus on the role it plays in developing tourism through visitor flows to the region and the activities of Shannon Heritage.

The Shannon Group supports 46,000 jobs generating an economic impact of €3.6 billion annually, with this likely to expand considerably in the years ahead. The report, commissioned from W2 Consulting by Shannon Group, maintains that growth in air connectivity would be central to achieving the increased economic impact over the next five years.

The report finds that the semi-state Shannon Group, which comprises Shannon Airport, Shannon Commercial Properties, and Shannon Heritage, Ireland’s largest operator of tourist attractions, at present contributes about €1.1 billion in tax revenue to the exchequer.

Shannon Airport generated close to €1 billion in economic activity as measured by gross value added, contributed €318 million annually in revenue to the exchequer, and supported about 13,695 jobs.