News
Tourism: Iceland’s Biggest Revenue Generator

Tourism: Iceland’s Biggest Revenue Generator

Photos by
Juli Vol

Published March 3, 2015

Tourism has become the largest revenue-generating sector in Iceland, surpassing even such stalwart giants as fishing, and bringing in the equivalent of about 1 million ISK per Icelander. RÚV reports that, in 2014 alone, tourists spent about 300 billion ISK; four times greater than what the fishing industry generates.

Helga Árnadóttir, the managing director of The Icelandic Travel Industry Association (SAF), told reporters that the latest figures are cause for celebration, and believes there is still room for growth. At the same time, she dismissed the idea that there could be a “tourism bubble” at play.

“If we look at it globally, we see that tourism numbers are always increasing around the world, especially in Northern Europe,” she said.

Close to one million tourists visited Iceland last year. Ólöf Ýrr Atladóttir, director of the Icelandic Tourist Board, says this shows that “tourism has become one of the most important industries in Iceland,” and one of the industries which has shown growth over the past few years.

“This means that we must nurture this industry, so that it will continue to be one of the most important,” she said. “We need to look a little further into the future than we’ve been doing. And we need to dare to take decisions that ensure a sustainable industry.”


News
News In Brief: Eurovision, Capital Controls and the Sigmundur Davíð-Donald Collusion

News In Brief: Eurovision, Capital Controls and the Sigmundur Davíð-Donald Collusion

by

The top story of the past two weeks is without a doubt the lifting of the last of the capital

News
Petition Going To Protest Deportation

Petition Going To Protest Deportation

by

A petition is going protesting the impending deportation of asylum seeker Sid Ahmed Haddouche and his family. Sid is a

News
Bird Flu Breakout In Iceland Likely

Bird Flu Breakout In Iceland Likely

by

Preparations against a possible bird flu outbreak have been ramped up, reports RÚV. The Icelandic Food and Veterinary Authority (IFVA) has

News
Investigation Opened Into Chatty Bus Driver

Investigation Opened Into Chatty Bus Driver

by

An investigation has been opened into an incident in which a bus driver allegedly spoke on his mobile phone without

News
UPDATE: Man Just Couldn’t Wait To Shoot His Gun

UPDATE: Man Just Couldn’t Wait To Shoot His Gun

by

Police have arrested the man who shot off a gun in Kópavogur earlier this week, reports RÚV. Police confirm that the

News
Local Mink Shot Dead In The Streets

Local Mink Shot Dead In The Streets

by

The scuttling mink spotted in Reykjavík city centre yesterday morning has been shot by an animal control officer, reports Vísir.

Show Me More!