Oireachtas Joint and Select Committees

Thursday, 25 November 2021

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Chapter 7 - Oversight of Funding for the European Capital of Culture 2020

9:30 am

Ms Katherine Licken:

A review was done. Fáilte Ireland, in conjunction with PGA-European Tour, commissioned Deloitte and Touche to conduct an economic impact assessment of the Ryder Cup in Ireland. According to that report, the findings of which were announced in April 2007, the Ryder Cup was worth a record €143 million to the Irish economy. The total direct economic impact figure of €143 million exceeded the pre-event predictions of €130 million. The figure represented an increase of 32% of the impact of the Ryder Cup in England and an 80% increase on foot of the 1997 Ryder Cup in Spain. The report confirmed previous reported perceptions about our visitor experience, with more than 80% of visitors suggesting that they would return to Ireland in the future.