Todays Dublin Economic Monitor report by Dublin City Council has highlighted a fifth consecutive quarter of growth in LUAS passenger trips with upward of 10 million passenger trips per quarter .
These figures represent a YoY increase of 10,6% .
However total passenger trips across all four transport systems were down slightly in Q3 2018 ( 55.1 million ) compared with Q2 2018 ( 55.5 million )
In Q4 2018 passenger trips on Bus Eireann and Dublin Bus decreased by 4% and 0.7% respectively while Irish Rail ( 0.9% ) and LUAS ( 0.7% ) Passenger numbers increased QoQ .
Some other key highlights from the report include,
. Overall Sales + 5.8%
. Overseas Tourism Spend + 15.8%
. E- Commerce + 3.6%
. Entertainment + 12.5%
. Discretionary + 5.9%
. Necessities + 5.8%
The growth in Tourism spend is strong and was largely driven by Chinese , German and US tourists according to the report
In particular the introduction of non-stop direct flights from Beijing and the soon to be commenced direct flight from Shenzhen to Dublin will see a significant rise in the Chinese spend.
Expenditure by French ( +16.7% ) and US ( +13.4 % ) tourists also showing strong growth
Elsewhere on our platform you can read the economic and labour market findings from the report which while positive point out a significant skills and accommodation problem for the capital.
