NEWS RELEASE TOURISM 22 SEPTEMBER 2020

Revenue from non-Icelandic tourists during second quarter of 2020 was 12 billion ISK and decreased by 90% compared to the same period last year.

VAT turnover in key tourism sectors in May-June was 37 billion ISK and decreased by 67% from the same period the year before when it was 112.5 billion ISK.

In June, 20 thousand employees were working in key tourism sectors, which is a 35% decrease compared with June last year. Experimental statistics indicate that overnight stays in hotels decreased by 58% in August, down from 523 thousand to 221 thousand, compared with August 2019. Overnight stays by foreigners decreased by 79%, but on the other hand there was a large increase in overnight stays by Icelanders between years, 121 thousand compared to 38 thousand in August 2019.

This release includes updated statistics on overnight stays along with external trade in services, VAT turnover and employees in key tourism sectors. Also updated are statistics on rental cars from the Icelandic Transport Authority, traffic statistics from the Icelandic Road and Coastal Administration and passenger count from the Icelandic Tourist Board and ISAVIA through Keflavik Airport along with traffic statistics for Keflavik Airport.

Tourism short-term indicators September 2020 July  August - July 
Overnight stays20192020 %2018-20192019-2020%
Total overnight stays¹1,633,668688,267-58%8,442,8105,847,370-31%
Hotels and guesthouses717,924327,935-54%5,770,7304,038,744-30%
Airbnb and similar sites242,00032,000-87%.... 
Other types of unpaid accommodation77,00021,000-73%.... 
Other types of listed accommodation²596,744307,332-48%2,672,0801,808,626-32%
  June  July - June 
Occupancy rate of hotel rooms20192020 %2018-20192019-2020 %
Total overnight stays in hotels507,829224,357-56%4,463,8983,174,192-29%
Available hotel rooms11,0588,547-23%.... 
Occupancy rate81%47%-3466%50%-11
  August 
Experimental statistics - Overnight stays in hotels 2019 (actual)   2020 (estimated) %
Overnight stays in hotels522,900  221,000 -58%
– Iceland38,181  121,000 217%
– Foreigners484,764  100,000 -79%
  Q2  Q3-Q2 
External trade in services (million ISK)20192020 %2018-20192019-2020 %
Revenue from non-Icelandic tourists118,40211,724-90%508,852332,695-35%
– Passanger transport by air36,4914,614-87%167,899100,403-40%
– Travel / Consumption81,9117,109-91%340,953232,293-32%
  May - June July - june  
VAT turnover3 (million ISK)20192020 %2018-20192019-2020 %
Tourism industries112,59037,175-67%648,778483,015-26%
– Passenger flights41,32313,766-67%251,632178,108-29%
– Accommodation18,4573,760-80%102,01376,341-25%
– Catering and services17,66812,763-28%100,15387,979-12%
– Travel agents and planners (abroad)9,7734,943-49%50,98239,681-22%
– Travel agents and planners (in Iceland)3,20748-98%16,82211,355-32%
– Car rentals17,4711,365-92%98,81069,477-30%
– Passenger transport on land3,469442-87%22,98516,336-29%
– Passenger water transport1,22288-93%5,3813,738-31%
  June Average employees July - June
Register based employment20192020 %2018-20192019-2020 %
Tourism industries30,31519,765-35%28,73025,251-12%
– Air transport4,9983,816-24%4,7964,222-12%
– Accommodation and food sercice activities18,33012,171-34%17,53115,484-12%
– Travel agency, tour operators and other reservation servic4,3512,385-45%3,9803,495-12%
  September  Average October - Sept 
Rental cars420192020 %2018-20192019-2020 %
Total rental cars25,29619,747-22%25,05222,266-11%
Rental cars (active)24,76017,186-31%23,21818,749-19%
Rental cars (inactive)5362,561378%1,8343,51792%
  August  September - August 
Traffic on ring road520192020 %2018-20192019-2020 %
South Iceland20,07915,948-21%180,499155,734-14%
West Iceland19,87717,735-11%172,503154,606-10%
North Iceland14,50711,960-18%103,53386,970-16%
East Iceland4,0032,906-27%27,18722,059-19%
  August  September - August 
Passenger count from Iceland620192020 % 2018-20192019-2020 %
Total Passengers300,36671,679-76%2,740,2951,373,656-50%
- Foreign nationality251,88763,762-75%2,101,5261,062,209-49%
- Icelandic nationality48,4797,917-84%638,769311,447-51%
  August  September - August 
Traffic statistcs - Keflavik Airport720192020 %2018-20192019-2020 %
Total movements (departures/landings)8,7633,133-64%89,12058,459-34%
Total passenger movements840,173134,108-84%8,221,6303,376,949-59%
– Departures302,86971,729-76%2,756,9831,371,465-50%
– Arrivals300,66059,145-80%2,749,6551,339,157-51%
– Exchange passengers (counted twice)236,6443,234-99%2,714,992666,327-75%

Table in a pdf

1 Airbnb and unpaid accommodation not included in 12 month period.
2 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.
3 Travel agencies (abroad): Services in connection with trips abroad, i.e. with zero VAT-rate according to paragraph 12 of the VAT-law (Act 50/1988). Travel agencies (in Iceland): Services in connection with trips in Iceland, i.e. not with zero VAT-rate according to paragraph 12 of the VAT-law (Act 50/1988).
4 Data from the Icelandic transport authority.
5 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.
6 Data from the Icelandic Tourist Board.
7 Data from ISAVIA - passenger movements count departures, arrivals and connecting passengers which are counted twice.

Statistics
Overnight stays
Short term indicators in tourism
Overnight stays in hotels temporary estimate
External trade in services
Labour force – register data

Further Information

For further information please contact 528 1260 , email fyrirtaekjatolfraedi@hagstofa.is

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