The annual Iceland Airwaves music festival begins in central Reykjavík tonight and will last until Sunday. Around 4,500 people are expected to attend the festival this year, 1,800 of whom are foreign visitors.
Thorsteinn Stephensen at Mr. Destiny, which organizes the festival, told Fréttabladid that the first foreign performers arrived in Iceland yesterday. “A big group is coming today and an even bigger tomorrow. The party is just beginning.”
This year 400 foreign journalists are expected to attend the festival, some of whom are representing world-known music magazines such as Rolling Stone, NME, Q and Vice. Newspaper journalists from papers like The Guardian and The Times will also report on the festival.
According to Stephensen, Iceland Airwaves will have a positive economic influence on Iceland. “Vidskiptabladid [business daily] calculated last year that Iceland Airwaves represented an injection of 300 million krónur [USD 2.7 million, EUR 2.0 million] to the economy of central Reykjavík.”
“Everything is included in that sum, hotels, restaurants, car rentals and so on. That kind of amount makes a lot of difference in times like these,” Stephensen added.
Click here to read more about the Iceland Airwaves festival.