Tourism Located between the Wild Atlantic Way and Ireland ’ s Ancient East, Cork is a top tourist location with a broad tourism offering. The tourism industry is an important source of employment and economic growth in Cork.
2019 Failte Ireland figures showed that
• €970 million euro was generated by over 2,355 million overseas visitors in the Southwest Region • €511 million euro was generated by over 2 million domestic tourists.
In 2021 a Failte Ireland report found that:
• There was a total of 653 trips by Irish residents to Cork, down 46% from 2019. • There was a total of €167 million spent by visitors to Cork, down 26% from 2019. • Irish residents spent a total of 2362 nights in Cork, down 26% from 2019. • The averages length of stay was 3.6 nights, up 1% from 2019.
The same report found that Cork was one of the most popular destinations for domestic tourists as
• 75% of guests staying in Cork were Irish residents. • 3% originated from Northern Ireland. • 22% originated from Overseas.
Aviation Statistics
Q2 2022 CSO data showed that
• A total of 643,155 assengers passed through Cork Airport, 13% below pre-pandemic levels of Q2 2018.
Housing Overview
If Cork City is to fulfil its ambition to be Ireland ’ s fastest growing city, it is vital that there is an adequate supply of housing to facilitate this growth and affordable housing available for citizens of all income brackets.
Housing Pipeline
The Q2 2022 Geo Directory Residential Report revealed that:
• Cork had the second highest level of residential commencements in 2022 as the construction of 3,522 residential units commenced. • Cork had third highest level of overall construction activity with 2,685 units under construction.
House Prices
The Q2 2022 Geo Directory Residential Report also revealed that:
• The average house price in Cork was €307,030. • There was a total of 5,135 transactions, 19.6% of which related to new dwellings • House prices had increased by 9.4% over the 2021-2022 period.
Housing Tenure
20
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