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Drop in Overnight Tourist Stays

Overnight stays in Icelandic hotels and other accommodations were 491,000 in April, according to Statistics Iceland. That is a 13% drop from April 2023 when 563,000 overnight stays were recorded, Vb.is reports.

Supply of rooms increased

Foreign tourists accounted for the vast majority of the overnight stays, or 76%. This resulted in a 15% drop in foreign tourist stays from April last year. Hotel stays by Icelandic citizens also dropped by 4.7% between years. The supply of hotel rooms increased, however, with 3.1% more rooms available than April last year.

Outside of these statistics, an estimated 61,000 foreign tourists stayed in unregistered accommodation through online short-term rental platforms. Some 10,000 were estimated to have stayed with friends or family, while 3,000 lodged in camper vans.

Tourism still booming

2024 is still set to be the largest year for tourism in Iceland since 2017, with the exception of last year. According to the Icelandic Tourism Board, the USA and UK account for around a third of all tourists in Iceland.

Tourism in Iceland has been growing steadily since the Covid-19 pandemic derailed the industry in 2020. Tourism had become a pillar of the Icelandic economy following the banking crisis of 2008 and the Eyjafjallajökull volcanic eruption of 2010.

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