Dáil
‹ Ceisteanna—Questions. Oral Answers. - Tourist Industry. Effect of the dollar on US tourism
Summary
Ahern asked whether the dollar’s fall would reduce American visitors; Moynihan said the impact was impossible to estimate but hoped US business would strengthen.
In relation to the increased American activity, which we would all welcome, can the Minister give us any idea of the potential fall off in American business because of the 20 per cent to 25 per cent drop in the value of the dollar?
Comment on this
It would be impossible to estimate what the fall off would be. It is our hope that American activity will strengthen because of the facilities we have to offer.