Iceland Airwaves Guests Spend ISK 1.1 Billion Skip to content

Iceland Airwaves Guests Spend ISK 1.1 Billion

Foreign guests to this year’s Iceland Airwaves music festival spent around ISK 1.1 billion (USD 8.7 million, EUR 6.7 million), according to a survey conducted on behalf of Iceland Music Export.

airwaves_iceland_airwavesFrom Iceland Airwaves.

The survey is based on responses from 434 foreign guests who attended the festival from October 31 to November 4.

Foreign guests spent around 66 percent more than in 2011, or around ISK 800 million (USD 6.3 million, EUR 4.9 million) in Reykjavík. If expenses for travel outside of the capital area are included, this number increases to ISK 1.1 billion.

Festival goers stay in Iceland an average of 6.7 days and spend on average ISK 29,268 (USD 232, EUR 180) per day.

The largest group of guests comes from the United States, or 18 percent. Germany and the United Kingdom follow with 11 and 9 percent, respectively. The survey also found that around 86 percent of guests were attending Airwaves for the first time.

This is the first time that foreign guests outnumber locals at the festival, or 4,076 of a total of 7,543.

Click here to read a review of this year’s Airwaves festival.

ZR

Sign up for our weekly newsletter

Get news from Iceland, photos, and in-depth stories delivered to your inbox every week!

* indicates required

Subscribe to Iceland Review

In-depth stories and high-quality photography showcasing life in Iceland!

Share article

Facebook
Twitter

Recommended Posts