Revenue from foreign tourists during fourth quarter of 2020 was 8.3 billion ISK compared with 88.4 billion for the same period in 2019. In 2020 total revenue from foreign tourists was 117 billion ISK and decreased by 75% compared with the year 2019 when it was 470 billion ISK.

In January, there were 10,460 departures of passengers from Keflavik airport, which is a 93% decrease compared with January last year when departures from the country were 159 thousand. The number of departures of visitors with foreign citizenship decreased by 96% and that of Icelanders by 84%.

Estimated overnight stays in hotels in January were around 20 thousand, a decrease of 93% compared with January 2020 when overnight stays were just over 291 thousand.

This release includes updated statistics on overnight stays and external trade in services. 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 February 2021 December  January - December 
Overnight stays20192020 %2018-20192019-2020%
Total overnight stays1444,81345,037-90%8,406,2912,961,416-65%
Hotels and guesthouses356,34331,466-91%5,791,5151,943,517-66%
Airbnb and similar sites.... .... 
Other types of unpaid accommodation.... .... 
Other types of listed accommodation288,47013,571-85%2,614,7761,017,899-61%
  December  January - December 
Occupancy rate of hotel rooms20192020 %2018-20192019-2020 %
Total overnight stays in hotels307,18621,277-93%4,533,0651,488,376-67%
Available hotel rooms10,8896,288-42%.... 
Occupancy rate51%7%-4565%25%-40
  January  February - January 
Experimental statistics - Overnight stays in hotels2020 2021 (estimated)2019-20202020 -2021 %
Overnight stays in hotels291,12820,000-93%4,552,1271,217,248-73%
– Iceland30,38416,000-47%445,291522,21017%
– Foreigners260,7444,000-98%4,106,836695,038-83%
  Q3  Q4-Q3 
External trade in services (million ISK)20192020 %2018-20192019-2020 %
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%
  September - October  October - September 
VAT turnover3 (million ISK)20192020 %2018-20192019-2020 %
Tourism industries109,80031,101-72%642,978321,554-50%
– Passenger flights41,1439,919-76%230,684112,475-51%
– Flight related services3,743817-78%22,9798,013-65%
– Accommodation17,6963,482-80%101,00944,062-56%
– Catering and services15,5869,534-39%93,74871,592-24%
– Travel agents and planners (abroad)3,304183-95%17,4555,164-70%
– Travel agents and planners (in Iceland)12,7511,041-92%79,76326,544-67%
– Massage parlours, tanning salons, saunas, etc.3,458298-91%19,9988,759-56%
– Rental of leisure and sport goods & motor vehicles7,7345,217-33%49,91234,336-31%
– Passenger transport on land3,425442-87%22,0438,897-60%
– Passenger water transport959169-82%5,3841,715-68%
  October Average employees November - October
Register based employment20192020 % 2018-2019 2019-2020 %
Tourism industries29,01415,802-46%30,27622,882-24%
– Air transport4,4992,219-51%4,7383,636-23%
– Accommodation6,9362,854-59%6,9944,928-30%
– Food service activities9,9677,171-28%10,2808,509-17%
– Travel agency, tour operators and other reservation service 2,8451,047-63%2,9632,044-31%
  February  Average March - February 
Rental cars420192020 %20192020 %
Total rental cars22,97917,498-24%24,49119,933-19%
Rental cars (active)20,11212,512-38%22,73515,346-33%
Rental cars (inactive)2,8674,98674%1,7564,587161%
  January  February - January 
Traffic on ring road520202021 % 2019-2020 2020-2021 %
South Iceland8,9628,447-6%176,346137,306-22%
West Iceland8,1098,3984%172,071142,555-17%
North Iceland3,8893,649-6%102,86276,950-25%
East Iceland1,071927-13%27,08519,056-30%
  January  February - January 
Passenger count from Iceland620202021 % 2019-2020 2020-2021 %
Total Passengers158,98610,460-93%2,597,536608,693-77%
- Foreign nationality120,9184,362-96%1,968,016361,954-82%
- Icelandic nationality38,0686,098-84%608,86698,213-84%
  January  February - January 
Traffic statistcs - Keflavik Airport720202021 % 2019-2020 2020-2021 %
Total movements (departures/landings)4,2062,391-43%84,11643,402-48%
Total passenger movements375,72322,462-94%7,081,3321,020,708-86%
– Departures159,24810,460-93%2,589,047460,549-82%
– Arrivals152,51410,861-93%2,588,612456,301-82%
– Exchange passengers (counted twice)63,9611,141-98%1,903,673103,858-95%

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.