Summary
April 2009 was part of Iceland's spring shoulder season with Easter holiday travel. Foreign guests recorded 69,653 overnight stays in hotels, compared to 61,204 in April 2008—a +13.8% change year-over-year.
National hotel occupancy stood at 40.7%, down 2.9 percentage points from 43.6% in 2008. Foreign card spending totaled 2.8 billion ISK (+35.4% YoY).
April 2009 in context
Foreign hotel nights for the year to date, January through April, reached 223,311, up 5.2% on the same period of 2008. Within 2009, April ranked 7th of the twelve months by foreign nights. Against the average for April over the five preceding years, this month came in ahead by 20.7%.
United Kingdom was the largest source market with 27.8% of foreign hotel nights, and the top three markets together accounted for 48.6%. Hotel occupancy of 40.7% means that share of available rooms was sold across the month; this is typical of Iceland's low season, when many rural hotels close and demand concentrates in Reykjavík. Spending figures are foreign card turnover reported by the Central Bank and exclude cash and purchases made before arrival.
Foreign Overnight Stays by Source Market
The top source markets for April 2009, ranked by overnight stays:
| Rank | Market | Nights 2009 | Nights 2008 | Change | Share |
|---|---|---|---|---|---|
| 1 | United Kingdom | 19,339 | 15,947 | +21.3% | 27.8% |
| 2 | Sweden | 7,575 | 5,347 | +41.7% | 10.9% |
| 3 | Norway | 6,913 | 7,126 | -3.0% | 9.9% |
| 4 | Germany | 6,080 | 4,605 | +32.0% | 8.7% |
| 5 | United States of America | 6,038 | 5,293 | +14.1% | 8.7% |
| 6 | Denmark | 5,266 | 5,474 | -3.8% | 7.6% |
| 7 | Other European countries | 3,620 | 3,402 | +6.4% | 5.2% |
| 8 | Netherlands | 3,406 | 3,307 | +3.0% | 4.9% |
| 9 | France | 2,778 | 2,623 | +5.9% | 4.0% |
| 10 | Finland | 2,068 | 2,088 | -1.0% | 3.0% |
Hotel Occupancy by Region
Regional hotel occupancy rates for April 2009:
| Region | Occupancy 2009 | Occupancy 2008 | Change |
|---|---|---|---|
| Capital Region | 49.9% | 53.4% | -3.5 pp |
| Total | 40.7% | 43.6% | -2.9 pp |
| Reykjanes | 40.2% | 42.7% | -2.5 pp |
| North | 28.0% | 26.7% | +1.3 pp |
| West & Westfjords | 26.1% | 21.2% | +4.9 pp |
| South | 25.6% | 33.1% | -7.5 pp |
| East | 16.9% | 19.2% | -2.3 pp |
Foreign Card Spending
Total foreign card turnover in April 2009 was 2,785.25 million ISK (2.79 billion ISK), compared to 2,056.56 million ISK in April 2008.
This represents a +35.4% year-over-year change.
Domestic Tourism
Icelandic residents recorded 23,373 overnight stays in hotels in April 2009, down 23.6% from 30,587 in 2008.
Data Sources
- Overnight Stays: Statistics Iceland (Hagstofa Íslands) — foreign and domestic guest nights in registered hotels
- Occupancy Rates: Statistics Iceland — room occupancy as % of available hotel capacity
- Card Spending: Central Bank of Iceland (Seðlabanki Íslands) — foreign debit/credit card turnover