Hotel occupancy in Ireland fell to 74% in 2024, yet business leaders stay optimistic for 2025.

Hotel room occupancy in Ireland dropped to 74% in 2024, a 2% fall from the previous year, due to rising costs and global uncertainties. Despite this, Irish business leaders remain optimistic about the coming year, with six out of ten firms expecting increased demand and turnover. However, there are rising concerns about international trade risks and tariffs, as noted in a recent survey by Ibec.