Travel and Tourism - Iceland - May 2019
“The low value of the Iceland Krona has helped to boost the export sector (ie making Iceland’s goods and services cheaper than before). The travel industry has been part of that bonanza, resulting in a rise in tourism revenues and an increased share of Iceland’s exports – from 26.4% of total exports in 2013 to 42% in 2017.”
– Jessica Kelly, Senior Tourism Analyst
This report looks at the following areas:
- What caused the drop in foreign arrivals in early 2019?
- Why are more tourists opting for camping?
- What makes Reykjavik and its surrounding area so popular?
- How quickly is Iceland’s tourism industry likely to recover from the bankruptcy of Wow Air?
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