Irish credit and debit card users spent more on hotels abroad than in Ireland in June for the first time since 2022. The total value of card payments was close to €9.5 billion, up 1.7% on May and 15% ahead of June 2024. Domestic card spending values were down 0.2% on May and 1.5% year-on-year, while spending abroad on Irish cards increased by 10.7% in value terms over May and 16.6% year-on-year. Irish credit and debit card users spent more on hotels abroad than in Ireland in June for the first time since 2022, according to data from the Central Bank of Ireland. The data also indicates a potential boost in international tourism, which could have implications for the Irish economy.References:[1] https://www.irishtimes.com/business/economy/2025/08/06/irish-credit-and-debit-card-users-splurged-on-foreign-hotels-in-june/[2] https://www.marketscreener.com/news/a-jpmorgan-is-about-to-take-over-applea-s-credit-card-programa--ce7c5fd2de8bf423
Source: The Irish Times August 06, 2025 13:15 UTC