A further 218 conferences are currently being bid for, with a potential value of £219.5m (€302m) if all are secured.
Fáilte Ireland will be launching a programme of MICE 'supports' at IMEX Frankfurt this week (19-21 May 2015) offering businesses hosting groups of 75 or more delegates practical and financial assistance to bring their events to Ireland.
Miriam Kennedy, head of business Tourism, Fáilte Ireland, said: "Business tourism remains a priority for Fáilte Ireland. To date an impressive 117 conferences are confirmed to take place this year with an estimated combined value of €57 million to the Irish economy.
"Corporate meetings in particular are a valuable source of business and revenue for Ireland and the UK market is a significant player in Ireland’s business tourism sector. The value of the corporate meetings sector alone is €100 million with each delegate worth €1,150 a day to the economy – almost twice that of a leisure visitor."