This release includes updated statistics on overnight stays, VAT-turnover in activities related to tourism, employees in activities related to tourism and latest statistics on spending of foreign travelers. Also released are updated statistics on rental cars from the Iceland transport authority, key statistics for traffic on the ring road from Icelandic Road Administration along with a count from the Icelandic Tourist board on passengers departing Iceland and traffic statistics for Keflavik airport.

Picture 1: The graph shows development of hotel room supply and occupancy rate of hotel rooms in the Reykjavik capital area

Tourism short-term indicators December    January - December   
Overnight stays20172018  %2016-2017 2017-2018%
Total overnight stays514413539621 +5%1090967011407175 +5%
Hotels and guesthouses338116341284 +1%55745575793542 +4%
Airbnb and similar sites7500086000 +15%18910001828000 --3%
Other types of unpaid accommodation12000016000 --20%641500560900 --13%
Other types of listed accommodation18129796337 +19%28026133224733 +15%
  December    January - December   
Occupancy rate of hotel rooms20172018   %20172018   %
Total overnight stays in hotels300650305153 +1%42707104466348 +5%
Available hotel rooms91879953 +8%109772119835 +9%
Occupancy rate58%54% --3.972%68% --4.2
  Q3   Q4 - Q3
Balance of trade in services (million ISK)20172018   %2016-2017 2017-2018 %
Revenue from non-Icelandic tourists188701193989 +3%495608512084 +3%
- Passenger flights6688469511 +4%180009182207 +1%
- Consumption121817124479 +2%315599329876 +5%
  September - October   November - October
VAT turnover (million ISK)20172018   %2016-2017 2017-2018 %
Total turnover111226114315 +3%632788680182 +7%
- Accommodation1744117838 +2%9468696786 +2%
- Passenger flights4725945654 --3%263608293996 +12%
- Catering and services1663517138 +3%9508298617 +4%
- Travel Agents and planners1762319934 +13%101943110206 +8%
- Car rentals77229063 +17%5000052230 +4%
- Passenger transport on land35673742 +5%2205623065 +5%
- Passenger trans. on sea, lakes & rivers979947 --3%54135285 --2%
Employees2 October   Average employees November - October
 20172018   %2016-2017 2017-2018 %
Total employees in key tourism sectors2880029200 +1%2850029300 +3%
- Accommodation49005600 +14%46005200 +13%
- Passenger flights66006700 -1%67006800 +2%
- Catering and services1080010400 --4%1070010700 --1%
- Travel Agents and planners36003700 +4%37003800 +3%
- Other tourism sectors29002800 --2%28002800 -1%
  February    Average March - February 
Rental cars320182019   %2017-2018 2018-2019 %
Total rental cars2351024235 +3%2388825345 +6%
Rental cars (active)1985121097 +6%2193423462 +7%
Rental cars (inactive)36593138 --14%19531883 --4%
  January    February - January   
Traffic on roads420182019   %2017-2018 2018-2019 %
South Iceland981110163 +4%168588180522 +7%
West Iceland85129358 +10%159489165555 +4%
North Iceland41594467 +7%100947103624 +3%
East Iceland10801110 +3%2608127801 +7%
  January    February - January   
Passengers departures520182019   % 2017-2018 2018-2019 %
Total Passengers186636179640 --4%28275692977022 +5%
- Icelandic nationality3906740585 +4%620728669611 +8%
- Other nationality147569139055 --6%22068412307411 +5%
  December    January - December   
Traffic statistics - Keflavik Airport620172018   %2016-2017 2017-2018 %
Total movements (departures/landings)64035718 --11%9347797432 +4%
Total passenger movements7607175606618 -0%87553519804388 +12%

Table in a pdf format

1 Other accommodations are camping sites, youth hostels, holiday centres, lodges in wilderness, apartments, sleeping-bag facilities and private-home accommodation. Other unpaid accommodation includes overnight stays in cars, tents or caravans outside campsites and indoor accommodation where no payment was made
2 Numbers rounded off to nearest hundred
3 According to data from Icelandic transport authority
4 According to numbers from 14 counters on the ring road from Icelandic Road Administration. Monthly numbers show the average count each month. 12 month rolling period specifies the total count during the period. Data is used from 14 counters located on the ring road
5 According to numbers from Icelandic Tourist Board. Count performed at security gate
6 According to data from ISAVIA
7 Total passenger movements include arrivals, departures and exchange passengers which are counted twice

Tourism indicators
Balance of trade and services
Revenue from foreign travelers