According to preliminary data, it is estimated that overnight stays decreased by 97% last April, compared to April 2019.1 Overnight stays in March decreased by 55%, going from 733 thousand to 331 thousand, compared to the same month last year. Overnight stays decreased over all accommodation types by 50-65%. During the same period the supply of hotel rooms increased by 3% while the hotel room usage rate dropped by 36 points, from 66% to 30%.

The number of passenger arriving in Keflavik airport in April was 3,100, which is only 0,7% of the number of April last year when they were a little over 474 thousand. Flight movements decreased by 90% during the same period, going from 7 thousand last year to only 706 this March.

VAT turnover in key tourism sectors in January and February was 72 billion ISK and decreased by 10% compared to the same period last year. VAT turnover decreased in all key tourism sectors when comparing this period.

This release includes updated statistics on overnight stays, employees and VAT turnover 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, a count from ISAVIA on passengers going through Keflavik airport and traffic statistics for Keflavik Airport.

The chart shows traffic on the ring road in Iceland from 1st of January – 30th of April. Data is from 16 traffic counters located in different parts of the country.

Tourism short-term indicators March  April - March 
Overnight stays120192020 %2018-20192019-2020%
Total overnight stays732899330956-55%108183709990111-8%
Hotels and guesthouses455050213553-53%58065155560246-4%
Airbnb and similar sites13400047000-65%18170001439000-21%
Other types of unpaid accommodation1220009000-59%500000432500-14%
Other types of listed accommodation12184961403-50%26948552558365-5%
  March  April - March 
Occupancy rate of hotel rooms20192020 %2018-20192019-2020 %
Total overnight stays in hotels382357175411-54%44522424331473-3%
Available hotel rooms10384107273%1218871311118%
Occupancy rate66%30%-3666%62%-4
  Q4  Q1-Q4 
Balance of trade in services (million ISK)20182019 %20182019 %
Revenue from non-Icelandic tourists10296188554-14%519369469866-10%
- Passenger flights3483926831-23%182103139189-24%
- Consumption6812161724-9%337267330677-2%
  January - February  March - February 
VAT turnover (million ISK)220192020 %2018-20192019-2020 %
Total turnover7990571994-10%676031608010-10%
- Passenger flights3058126589-13%279947224227-20%
- Accommodation1103410848-2%10180298590-3%
- Catering and services1375513587-1%100292998560%
- Travel agents and planners (abroad)58034822-17%5109147097-8%
- Travel agents and planners (in Iceland)1932217913%16829167800%
- Car rentals1298710810-17%9727695095-2%
- Passenger transport on land34892925-16%2336221213-9%
- Passenger water transport323233-28%54305152-5%
  February Average employees March - February
Employees320192020 %2018-20192019-2020 %
Total employees in key tourism sectors2590023500-9%2900026800-8%
- Passenger flights48003600-25%54004200-21%
- Accommodation59005800-3%70006900-2%
- Catering and services98009200-7%1070010000-6%
- Travel agents and planners36003200-9%39003800-3%
- Other tourism sectors25002400-6%28002600-7%
  May  Average June - May 
Rental cars420192020 %2018-20192019-2020 %
Total rental cars2446822014-10%2545824020-6%
Rental cars (active)2242214145-37%2361521665-8%
Rental cars (inactive)20467869285%1843235528%
  April  May - April 
Traffic on ring road520192020 %2018-20192019-2020 %
South Iceland132857570-43%179804166225-8%
West Iceland138887400-47%167889161216-4%
North Iceland81443359-59%10447495273-9%
East Iceland1864875-53%2781925502-8%
  April  May - April 
Traffic statistics - Keflavik Airport20192020 %2018-20192019-2020 %
Total movements (departures/landings)6946706-90%9419875313-20%
Total passenger movements64745193132-99%94721826134338-35%
- Departures1802591262-99%29198282266777-22%
- Arrivals1744151264-99%29003492262819-22%
- Exchange passengers (counted twice)119845606-99%36484721598401-56%

Table in a pdf

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 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).
3 Numbers rounded to the nearest hundred.
4 According to data from 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 Total passenger movements count departures, arrivals and connecting passengers which are counted twice.

Tourism indicators
Balance of trade and services
Revenue from foreign travelers