A local bus company says it has suffered a 20% to 25% drop in trade, since the serious rioting in the Ardoyne area of Belfast over the Twelfth.
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Analysis
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Tourist troubles
"We noticed an immediate effect of maybe 50 to 60 percent. As it has stabilised now there has been at least a 20 to 25 percent drop in business, which I would personally say is related to what was seen on the TV across the whole of the nation", Tour bus operator, Benn Allen, told UTV.
Mr Allen said hotels across the city have also experienced a similar drop, just as the tourism industry was recovering from the effects of the volcanic ash cloud.
"People were confident again", Mr Allen told UTV.
"Bookings were coming through so strong and then, all of the sudden, just literally overnight, they stopped. It can only be attributed to it".
During the serious disorder on 12 July, police were attacked with blast bombs and petrol bombs during several hours of violence, which was blamed on dissident republicans.
Pictures of the trouble in Ardoyne were flashed around the world.
But the Lord Mayor of Belfast, Pat Convery, says the recent riots will have a limited impact on Belfast's ability to attract tourists.
On Tuesday, Mr Convery welcomed the Queen Victoria cruise liner which sailed into Belfast with nearly 2,000 passengers.
The Queen Victoria is the 19th of 37 cruise ships visiting the city this year and by the end of the cruise season in October Belfast will have welcomed almost 63,000 passengers and crew.
"Naturally people are nervous when they hear the news, but I think we have to keep on the positive side of things. That's a blip of two or three days. This is an opportunity of 360 days of the year", Pat Convery told UTV.
"We, the people of Belfast, have to ensure that the people that are on these cruise ships get the welcome they're entitled to and that we make them happy in our city".
In 2009, Belfast recorded an unprecedented 9.3 million visitors, a 30% increase over the previous year.
Tourism generated £450m for the local economy.
© UTV News