Fáilte Ireland Business Hub supports industry
In response to COVID-19, Fáilte Ireland has created a new online support hub for tourism businesses,...

Read more

'Be a Great Employer' says top restaurateur
Pictured are Fergal Lee (third from left) with Peggy Kim, Micheline Corr, Linda McFadden and  F...

Read more

Awards for Foodservice Suppliers
Organised by the industry for the industry, Food & Bev Live returns to the Citywest Dublin on th...

Read more

'Food Service Must Cut Waste' says Mahony
The Food service industry must play its part in reducing food waste,  Noel Mahony, chief execut...

Read more

Fáilte Ireland Business Hub supports industry
'Be a Great Employer' says top restaurateur
Awards for Foodservice Suppliers
'Food Service Must Cut Waste' says Mahony ...

McDonald's €53m Irish buy


Fast food chain McDonald’s spent €53m with Irish suppliers in 2017, according to a newly released economic impact report.
The report, McDonald’s in Ireland, highlights the economic contribution the chain makes in Ireland, and was produced by Development Economics.
 The report looks at the impact McDonald’s has on the Irish economy through employment, supply chain expenditure, the purchase of Irish produce for domestic use and export, and the support for local communities across Ireland.
The report reveals that in total McDonald’s contributed €196m directly to the Irish economy in 2017, through restaurant activity, employee salaries and its contribution to the national exchequer.
The report also highlights the significance of McDonald’s long-term partnerships with Irish suppliers including Dawn Meats (beef), Dew Valley Foods (bacon) and Kerry Group (dairy). Direct spend with Irish suppliers in 2017 accounted for a further €53m of revenue to the Irish economy. McDonald’s is one of the largest purchasers of Irish beef by volume, working with over 1,200 farmers in Ireland who supply beef to all McDonald’s restaurants in Ireland.
The €53m figure was arrived at by measuring the Gross Value Added (GVA), which takes the value of goods and services produced by a specific business sector or in a sub-national geographic area and is calculated as the difference between output and intermediate consumption (i.e. costs excluding wages).



IHI Logo Final Logo

failte-ireland logo

Tourism Ireland Logo 1


Contact HospitalityENews

Editor: Frank Corr

Sales & Marketing: Gavin D. Ryan

our hotels story

Hospitality E News 250x500

Follow Us