Fáilte Ireland to Boost Tourism Industry with New Funding Scheme

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irish tourism industry news

Today, Fáilte Ireland announced details of the new €50million Tourism Business Continuity Programme, which will breathe new life into Ireland’s tourism industry in 2022. The programme involves a virtual event, which will be attended by over 2,500 tourism and hospitality providers.

It will also support Strategic Tourism Transport businesses, Irish Based Inbound Agents, Attractions and Activities Providers, and Tourism Accommodation Providers. It will also build on the five-phase Tourism Business Continuity Scheme administered by Fáilte Ireland in 2021.

The €50million allocation was secured in Budget 2022 by Catherine Martin TD, Minister for Tourism, Culture, Arts, Sport, Gaeltacht and Media. The funding programme will be developed and administered by Fáilte Ireland.

irish tourism industry news
Catherine Martin TD and Paul Kelly, Fáilte Ireland CEO

Minister Martin said: “The Government recognises the vital contribution that the tourism and hospitality sectors make to our national economy and to employment around the country. We are clear in our determination to continue to support the industry with appropriate funding and business supports as we navigate the COVID-19 pandemic together.”

The programme will be carried out in phases in order to prioritise the businesses that need it most urgently, keeping in mind the government funding already received.

Paul Kelly, Fáilte Ireland CEO said: 2022 will be another challenging year and Fáilte Ireland will continue to support the sector to meet these challenges head on so that tourism can recover and get back to growth. The allocation of €50million in Budget 2022 secured by Minister Martin to fund further phases of the Tourism Business Continuity Programme will help sustain strategic tourism businesses next year.”

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