Full Year Analysis
The year in context
With 458,999 foreign passengers through Keflavík Airport, 2007 ranks 19th of the 23 complete years on record, 20% of the record set in 2018. Compared with the average of the five preceding years, 2007 came in ahead by 29.5%. Foreign hotel nights reached 21% of their 2025 record.
Overall Performance
2007 marked continued recovery and growth for Iceland's tourism sector. Foreign visitors recorded 1,014,986 overnight stays in hotels throughout the year, an increase of 10.6% compared to 2006's 917,948 nights.
Spending Trends
Tourist card spending totaled 25 billion ISK in 2007, up 19.4% from 2006. On a per-night basis, spending averaged 24k ISK, an increase of 8.0% year-over-year. Spending growth outpaced volume growth, suggesting higher per-visitor expenditure.
Seasonal Patterns
Jul was the busiest month with 172,814 foreign overnight stays, while Dec recorded the lowest volume at 34,638 nights. Average hotel occupancy ranged from winter lows to summer peaks, with a full-year average of 50.9%.
Source Markets
United Kingdom remained Iceland's largest source market, accounting for 20.7% of foreign overnight stays. Germany (12.9%) and United States of America (11.7%) rounded out the top three. Notable growth came from Sweden, Netherlands.
Data Sources
- Overnight Stays: Statistics Iceland (Hagstofa Íslands)
- Occupancy Rates: Statistics Iceland
- Card Spending: Central Bank of Iceland (Seðlabanki Íslands)