Overnight stays at hotels in Iceland in February were nearly 364,000 or approximately 4.5% fewer than in 2024 when they were roughly 381,000. Overnight stays decreased in all regions except in the Southwest where they increased by 16.6%. The greatest decrease was in the East or -23.2% while significant decreases were also in the West and Westfjords (-12.8%) and the Capital region (-6.7%). Smaller changes were in the South (-3.3%) and the North where hotel overnight stays remained nearly unchanged year over year (-0.6%).
Supply of hotel bedrooms increased modestly in February or by roughly 0.4% compared with the same time in 2024. The supply increased in all regions except in the Capital region (-0.7%) and the East region where it declined by roughly 24%. In the South the supply of bedrooms increased by 4.2% and by 3.7% in the North. Lesser changes occurred in the Southwest (1.1%) and the West and Westfjords region (1.2%).
Occupancy rates were also little changed from the previous year with the overall rate for the country only increasing by 0.1 percentage point. Hotel occupancy rates increased most in the Southwest or by 4.6 percentage points while the greatest decline occurred in the West and Westfjords (-2.8 percentage points). Other regions experienced smaller changes: 0.1 percentage points decrease was in the Capital region, 0.5 percentage points increase in the North, 1.2 percentage points increase in the East and 1.1 percentage point decrease in the South.
All accommodations
When all accommodations are considered the total number of registered overnight stays in February were nearly 543,000. This was 3.2% lower than in February of 2024 when overnight stays were nearly 561.000. Most of overnight stays were registered in hotels and guesthouses or roughly 411,000 (364,000 in hotels and 47,000 in guesthouses). The rest, or approximately 132,000, was attributable to other types of accommodation (camping sites, cottages, etc.).
Revision of data categorisation by nationality
Data on overnight stays by nationality is currently undergoing revisions. While this analysis is in process no data on the number of overnight stays by nationality will be published. Readers should note however that this revision does not affect the total number of overnight stays (by type of accommodation or region) but rather only the breakdown by nationality.
Furthermore, data on overnight stays by nationality is used as input in estimating the number of unlisted overnight stays. For that reason, it is also not possible to publish results on the number of unlisted overnight stays for the month of February 2024.
About the data
All numbers for 2025 are preliminary except data on overnight stays at hotels which are preliminary for February 2025.