According to VAT reports, turnover in Icelandic tourism sectors was 27,4 billion ISK in January – February, a decrease of 63% from the previous year.

Estimated overnight stays in hotels in March were around 54 thousand, a decrease of 69% compared with March 2020 when overnight stays were about 174 thousand. The number of overnight stays by Icelanders was 41,800 (+ 107%) and the number of overnight stays by foreign guests was 12,600 (-92%).

In March, there were 7,729 departures of passengers from Keflavik airport, which is a 92% decrease compared with March last year when departures from the country were 95,500. The number of departures of visitors with foreign citizenship decreased by 94% and that of Icelanders by 80%.

This release includes updated statistics on turnover by VAT reports, overnight stays and register based employment. 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 April 2021 February   March - February  
Overnight stays 2020 2021 % 2019-2020 2020-2021 %
Total overnight stays1488,44889,129 -82%8,420,5542,185,378 -74%
Hotels and guesthouses386,92655,195 -86%5,801,7431,301,542 -78%
Other types of listed accommodation2101,52233,934 -67%2,618,811883,836 -66%
  February   March - February  
Occupancy rate of hotel rooms 2020 2021 % 2019-2020 2020-2021 %
Total overnight stays in hotels334,91941,891 -87%4,328,856814,043 -81%
Available hotel rooms10,8056,809 -37%....  
Occupancy rate61%13% -4864%19% -45
  March   April - March  
Experimental statistics - Overnight stays in hotels 2020 2021 (estimated) 2019-2020 2020 -2021 %
Overnight stays in hotels174,51554,400 -69%4,328,856814,043 -81%
– Iceland20,15041,800 107%432,494551,081 27%
– Foreigners154,36512,600 -92%3,896,362262,962 -93%
  Q3   Q4-Q3  
External trade in services (million ISK) 2019 2020   2018-2019 2019-2020  
Revenue from non-Icelandic tourists88,4218,319 -91%469,948117,027 -75%
– Passanger transport by air26,5651,549 -94%139,58430,553 -78%
– Travel / Consumption61,8566,770 -89%330,36486,474 -74%
  January - February   March - February  
VAT turnover3 (million ISK) 2020 2021   2019 2020  
Tourism industries in Iceland74,02227,398 -63%627,975220,508 -65%
– Passenger flights27,13810,362 -62%225,51577,262 -66%
– Flight related services2,310651 -72%20,6804,375 -79%
– Accommodation10,6852,246 -79%99,06526,916 -73%
– Catering and services12,6859,330 -26%93,38762,082 -34%
– Rental of leisure and sport goods & motor vehicles4,9363,379 -32%48,19930,170 -37%
– Travel agents and planners (abroad)2,079191 -91%17,7211,404 -92%
– Travel agents and planners (in Iceland)8,142676 -92%77,0389,928 -87%
– Massage parlours, tanning salons, saunas, etc.2,888201 -93%19,9473,326 -83%
– Passenger transport on land2,904271 -91%21,0843,774 -82%
– Passenger water transport25591 -64%5,3411,270 -76%
  December Average employees
Register based employment 2019 2020   2019 2020  
Tourism industries in Iceland29,17313,993 -52%29,84420,740 -31%
– Air transport3,9702,074 -48%4,6563,309 -29%
– Accommodation6,1832,316 -63%6,9934,285 -39%
– Food service activities9,9026,513 -34%10,1697,967 -22%
– Travel agency, tour operators and other reservation service 2,625946 -64%2,9481,762 -40%
  April   Average May - April  
Rental cars4 2019 2020   2019-2020 2020-2021  
Total rental cars22,41416,807 -25%24,22418,999 -22%
Rental cars (active)18,36112,613 -31%22,35514,230 -36%
Rental cars (inactive)4,0534,194 3%1,8704,769 155%
  March   April - March  
Traffic on ring road5 2020 2021   2019-2020 2020-2021  
South Iceland8,86510,351 17%171,941137,197 -20%
West Iceland8,41010,819 29%167,704145,536 -13%
North Iceland4,0545,456 35%100,05978,822 -21%
East Iceland1,0871,372 26%26,49019,313 -27%
  March   April - March  
Passenger count from Iceland6 2020 2021   2019-2020 2020-2021  
Total Passengers95,6117,729 -92%2,436,924209,242 -91%
- Foreign nationality79,8734,601 -94%1,861,709155,754 -92%
- Icelandic nationality15,7383,128 -80%575,21553,488 -91%
  March   April - March  
Traffic statistcs - Keflavik Airport7 2020 2021   2019-2020 2020-2021  
Total movements (departures/landings)5,3444,924 -8%81,55341,563 -49%
Total passenger movements219,16216,622 -92%6,599,384436,382 -93%
– Departures95,4867,729 -92%2,445,774210,635 -91%
– Arrivals87,4688,466 -90%2,435,970212,721 -91%
– Exchange passengers (counted twice)36,208427 -99%1,717,64013,026 -99%

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. Numbers from first weekday of each month.
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