The event, taking place in the Convention Centre Dublin (CCD) from 15-19 October, is welcoming 1,400 delegates from 196 countries alongside many high profile public figures and global corporate leaders.
Failte Ireland estimates that the event will be worth almost €2m in direct economic impact for the local economy but it says it is even more valuable as an opportunity to market Ireland as a ‘can-do’ and professional business destination.
The dinner, held in the CCD, included high-profile international sponsors from the corporate world as well as top overseas media to showcase all that Ireland has to offer to both the business and the leisure markets.
Speaking about the value of the One Young World event taking place in Dublin, Paul Keeley, director at Failte Ireland said: "Failte Ireland was delighted to support the bid to bring this prestigious event to Dublin. Business Tourism – whether conferences, meetings or incentive travel - is a hugely important element of our strategy to develop and sustain Irish tourism and grow revenue and jobs in the sector. An event such as One Young World not only contributes to the local economy but provides a great shop window to showcase Dublin and Ireland’s ability to host further world class events."
The business tourism sector is worth €579 million a year to the Irish economy, supporting 19,000 jobs. Failte Ireland, through the Dublin Convention Bureau, supported the bid to bring the event to Dublin as part of its Conference Ambassador Programme.
The bid process, which began in March 2013, saw Dublin beat off stiff competition from Edinburgh and Hong Kong.