As one of Ireland’s largest native industries, tourism is responsible for an estimated 13% of jobs across the Republic1. The trading environment for the wider hospitality sector is influenced by a wide range of factors that drive the cyclical peaks and troughs; everything from employment trends, changing demographics, sociopolitical factors, and the weather play key roles. Our services

At Bank of Ireland, we understand the unique needs of businesses in this crucial economic sector and are committed to being a key partner to our customers. To our customers we offer tailored financial solutions to support business growth, whether you’re establishing, expanding, refurbishing, or upgrading your premises. Our dedicated business teams are here to guide you every step of the way.

We are members of and actively engage with industry bodies and key stakeholders across the tourism accommodation, bar, and restaurant sub-sectors. We strive to keep up to date with all the new and emerging industry trends to better serve our customers.

Read our Sustainability in Action report here.

Looking to the future

Businesses in the hospitality sector are resilient and will continue to adapt to a changing landscape shaped by trends and preferences. Operators remain optimistic, but also focused on protecting margins which have been under pressure over the last year. Low unemployment levels provide a level of confidence on discretionary spending patterns from the domestic market, and the growing number of overseas visitors should support the essential summer demand peaks.

Bank of Ireland Business Banking: businessbanking.bankofireland.com

Bank of Ireland Corporate Banking: corporate.bankofireland.com

Contact details

Gerardo Larios Rizo
Head of Hospitality Sector

 087 795 1253
 gerardo.lariosrizo@boi.com