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Wed 2nd Jul 2014

Irish food and hospitality businesses doubled staff numbers in 2013

by Sorcha Corcoran

Irish food and hospitality businesses have reported a 63pc increase in combined turnover since 2012 and a doubling of direct employment in 2013 compared to 2012 to 9,300 people.
 
This is according to a report released by Grant Thornton and Good Food Ireland (GFI) - ‘A Foreign Affair – an Ireland abroad experience’ - which involves a survey of 600 food and hospitality businesses around the country.
 
These businesses contributed 14.5pc more to the Irish economy in 2013, spending €64.5m on Irish produce.
 
The report indicates strong confidence within the Irish food and hospitality sectors with 81pc of all respondents expecting further profit growth in 2014.
 
“This year’s report clearly shows the strength in sustainable financial growth with a combined turnover across GFI members reaching €638m last year,” said Ciara Jackson, head of food and beverage at Grant Thornton.
 
“More than nine out of 10 GFI members have continued to increase their level of spend on Irish food.”