The Boss to boost economy by €16M

The Boss to boost economy by €16M

Just two performances by Bruce Springsteen and his E Street Band in Dublin will mean glory days for local retail, providing an estimated economic boost of €16 million this weekend.

Both events in Croke Park on Friday May 27 and Sunday May 29 are sold-out. But local retailers will not be left with a hungry heart, as 164,000 descend on the city to attend the highly-anticipated shows.

An earlier-than-usual beginning time of 7pm will also benefit traders, ensuring punters are not left dancing in the dark.

Dublin’s Chamber of Commerce, which was born to run local business interests, said the Capital’s hotels, restaurants, cafes, bars, and retailers will all benefit from the influx of fans over the coming days.

The two Dublin dates are the ‘Born in the USA’ performer’s only concerts on the island of Ireland this summer.

Aebhric McGibney, director of public and international affairs at Dublin Chamber said: “Hotels around the city are reporting a significant boost in sales for the days of the concerts and other businesses in the hospitality sector will get a lift too.”

Mr McGibney said the Streets of Philadelphia signer was one of a small band of performers that can attract a large out-of state following, while a positive weather forecast boded well for a “great weekend in the city”.

He added: “Similar to exports, concert tourism, and also large sporting and cultural events, have the capacity to generate growth in Ireland’s economy.

“Staging big events does wonders for the Irish brand and helps to put Dublin and Ireland in the shop window for tourists around the world. The country’s hospitality sector relies on major events and a strong events programme is key to growing tourism numbers.”