Iceland Mag

10 Reykjavik

Iceland Mag


Hotel stays hit record, nearly booked to capacity in February: 96% occupancy ratio in capital

By Staff

  • Book early! Reykjavík hotels are booked to capacity, even during the off-season. Photo/GVA

Overnight stays at hotels in Iceland in February 2017 hit a new record, increasing by 21% compared to February 2016. According to Statistics Iceland the number of overnight stays were 331,800, compared to 274,936 at the same time last year. Nights spent by foreign travellers accounted for 89% of the total number of overnight stays in February.

The largest increases were recorded outside the capital region, with East Iceland showing the largest jump, an increase of 131% over the previous year. This continues a pattern which has been evident for some time: More foreign visitors are choosing to spend more of their time outside the capital region, opting for longer trips rather than just day trips from Reykjavík.

Rising occupancy ratio
However, most of the hotel stays are in the capital region. The number of overnight stays was 227,100 which accounts for 68% of the total number of hotel stays in February. The number of stays in the capital increased by 13% compared with February 2016. 

The hotel occupancy rate in Iceland was 77.6% in February 2017, which is an increase of 9.4 points from February 2016, when it was 68.2%. The occupancy rate for bedrooms was highest in the capital region, or 96.0%.

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