The latest Fáilte Ireland estimates, based on CSO figures, indicate that business travel from overseas markets is worth in excess of a 700m to the Irish economy after growing by seven per cent during the period 2015 to 2016. The sector is estimated to support approximately 21,000 jobs. Reflecting this growth, Fáilte Ireland’s Business Tourism & Events team have directly influenced a 198m of promotable business won for Ireland in 2016, an increase of 10% on business won for Ireland in 2015. In addition, new rankings recently released by the International Congresses and Conventions Association (ICCA) show the city rising five places to 13th in the world for hosting conferences and conventions and Ireland, overall, rising six places to 26th out of 133 countries.