156 Must-Know Hotel Statistics and Travel Trends in Iceland for 2024

Discover the most compelling hotel statistics and travel trends in Iceland for 2024! Whether you're a traveler planning your next adventure or a professional in the hospitality industry, this comprehensive guide of 156 key statistics and travel trends offers valuable insights into Iceland's dynamic hotel scene. Backed by data from 919 hotels, 226,927 traveler reviews, and 123,689 price points, we unveil the patterns and preferences shaping tourism in this remarkable destination.

Hotel and Travel Statistics for Iceland

Top Hotel and Travel Statistics for Iceland

  • There are 919 hotels operating in Iceland.
  • The average hotel rating in Iceland is 8.47, based on 226,927 reviews.
  • Travelers can expect to pay around $187 per night for a hotel in Iceland.
  • If you're looking for the best month to visit Iceland by rating, it's January with an average rating of 8.74.
  • If you're looking for the cheapest month to visit Iceland, it's November with an average price of $163.
  • Solo Travelers are the most satisfied travelers when visiting Iceland, rating their stays at 8.60 on average.
  • Business Travelers are the least satisfied travelers when visiting Iceland, rating their stays at 8.32 on average.
  • Hotel prices in Iceland peak in July, with an average price of $275.

Hotel Availability and Types in Iceland

Number of Hotels

  • There are 919 hotels in Iceland.

Distribution by Star Rating

  • Iceland has 3 hotels with a 1-star rating, accounting for 0.3% of all hotels.
  • Iceland has 34 hotels with a 2-star rating, accounting for 3.7% of all hotels.
  • Iceland has 174 hotels with a 3-star rating, accounting for 18.9% of all hotels.
  • Iceland has 64 hotels with a 4-star rating, accounting for 7.0% of all hotels.
  • Iceland has 53 hotels with a 5-star rating, accounting for 5.8% of all hotels.
  • We also have 591 hotels with an unknown star rating in Iceland, accounting for 64.3% of all hotels.

Hotel Pricing Trends in Iceland

Average Prices Over Time

  • The average price of a hotel in Iceland is $187 per night.

Average Price by Star Rating

  • The average price of a 2-star hotel in Iceland is $152 per night.
  • The average price of a 3-star hotel in Iceland is $176 per night.
  • The average price of a 4-star hotel in Iceland is $240 per night.
  • The average price of a 5-star hotel in Iceland is $395 per night.
  • The average price of a hotel in Iceland with an unknown star rating is $176 per night.

Hotel Price Distribution

  • There are 40 hotels in Iceland priced in the $50-$100 range, accounting for 5.9% of all hotels.
  • There are 441 hotels in Iceland priced in the $100-$200 range, accounting for 64.8% of all hotels.
  • There are 194 hotels in Iceland priced in the $200-$500 range, accounting for 28.5% of all hotels.
  • There are 4 hotels in Iceland priced in the $500-$1000 range, accounting for 0.6% of all hotels.
  • There are 2 hotels in Iceland priced in the $1000+ range, accounting for 0.3% of all hotels.

Best Month to Visit by Price

  • The average price of a hotel in Iceland in January is $169.
  • The average price of a hotel in Iceland in February is $173.
  • The average price of a hotel in Iceland in March is $175.
  • The average price of a hotel in Iceland in April is $168.
  • The average price of a hotel in Iceland in May is $193.
  • The average price of a hotel in Iceland in June is $258.
  • The average price of a hotel in Iceland in July is $275.
  • The average price of a hotel in Iceland in August is $271.
  • The average price of a hotel in Iceland in September is $252.
  • The average price of a hotel in Iceland in October is $187.
  • The average price of a hotel in Iceland in November is $163.
  • The average price of a hotel in Iceland in December is $176.

Hotel Ratings and Reviews in Iceland

Number of Reviews

  • We've collected 226,927 reviews for hotels in Iceland.

Review Distribution by Traveler Type

  • There are 6,178 reviews from business travelers in Iceland, accounting for 2.7% of all reviews.
  • There are 100,434 reviews from couples in Iceland, accounting for 44.3% of all reviews.
  • There are 50,355 reviews from families in Iceland, accounting for 22.2% of all reviews.
  • There are 13,345 reviews from friends in Iceland, accounting for 5.9% of all reviews.
  • There are 21,039 reviews from group travelers in Iceland, accounting for 9.3% of all reviews.
  • There are 17,578 reviews from solo travelers in Iceland, accounting for 7.7% of all reviews.
  • There are 17,998 reviews from travelers with an unknown type in Iceland, accounting for 7.9% of all reviews.

Average Hotel Ratings Over Time

  • The average rating for hotels in Iceland in 2024 is 8.35, based on 42,308 reviews.
  • The average rating for hotels in Iceland in 2023 was 8.46, based on 53,545 reviews.
  • The average rating for hotels in Iceland in 2022 was 8.50, based on 43,620 reviews.
  • The average rating for hotels in Iceland in 2021 was 8.52, based on 7,092 reviews.
  • The average rating for hotels in Iceland in 2020 was 8.61, based on 2,534 reviews.
  • The average rating for hotels in Iceland in 2019 was 8.44, based on 9,897 reviews.
  • The average rating for hotels in Iceland in 2018 was 8.53, based on 11,311 reviews.
  • The average rating for hotels in Iceland in 2017 was 8.39, based on 12,921 reviews.
  • The average rating for hotels in Iceland in 2016 was 8.27, based on 14,254 reviews.
  • The average rating for hotels in Iceland in 2015 was 8.26, based on 10,439 reviews.
  • The average rating for hotels in Iceland in 2014 was 8.24, based on 6,974 reviews.
  • The average rating for hotels in Iceland in 2013 was 8.32, based on 5,236 reviews.
  • The average rating for hotels in Iceland in 2012 was 8.09, based on 3,078 reviews.
  • The average rating for hotels in Iceland in 2011 was 8.18, based on 1,560 reviews.
  • The average rating for hotels in Iceland in 2010 was 8.08, based on 689 reviews.
  • The average rating for hotels in Iceland in 2009 was 7.76, based on 612 reviews.
  • The average rating for hotels in Iceland in 2008 was 7.40, based on 332 reviews.
  • The average rating for hotels in Iceland in 2007 was 7.27, based on 258 reviews.
  • The average rating for hotels in Iceland in 2006 was 7.85, based on 158 reviews.
  • The average rating for hotels in Iceland in 2005 was 7.98, based on 65 reviews.
  • The average rating for hotels in Iceland in 2004 was 7.47, based on 33 reviews.

Average Ratings by Star Rating

  • The average rating for 1-star hotels in Iceland is 8.50.
  • The average rating for 2-star hotels in Iceland is 8.17.
  • The average rating for 3-star hotels in Iceland is 8.19.
  • The average rating for 4-star hotels in Iceland is 8.64.
  • The average rating for 5-star hotels in Iceland is 9.29.
  • The average rating for hotels in Iceland with an unknown star rating is 8.52.

Average Ratings by Traveler Type

  • The average rating for business travelers in Iceland is 8.32.
  • The average rating for couples in Iceland is 8.36.
  • The average rating for families in Iceland is 8.46.
  • The average rating for friends in Iceland is 8.45.
  • The average rating for group travelers in Iceland is 8.60.
  • The average rating for solo travelers in Iceland is 8.60.
  • The average rating for travelers with an unknown type in Iceland is 8.36.

Best Months to Visit by Ratings

  • The average rating for hotels in Iceland in January is 8.74.
  • The average rating for hotels in Iceland in February is 8.69.
  • The average rating for hotels in Iceland in March is 8.60.
  • The average rating for hotels in Iceland in April is 8.68.
  • The average rating for hotels in Iceland in May is 8.58.
  • The average rating for hotels in Iceland in June is 8.46.
  • The average rating for hotels in Iceland in July is 8.35.
  • The average rating for hotels in Iceland in August is 8.26.
  • The average rating for hotels in Iceland in September is 8.40.
  • The average rating for hotels in Iceland in October is 8.51.
  • The average rating for hotels in Iceland in November is 8.62.
  • The average rating for hotels in Iceland in December is 8.73.

City Rankings in Iceland

  • The city with the most hotels is Reykjavik, with 328 hotels.
  • The city with the highest average rating is Selfoss, with an average rating of 8.88.
  • The city with the lowest average rating is Skogarfoss, with an average rating of 7.55.
  • The city with the most expensive hotels is Vik, with average prices of $232.
  • The city with the cheapest hotels is Akureyri, with average prices of $146.
Akureyri
44
8.21
$146.20
Borgarnes
16
8.57
$154.20
Djupivogur
11
8.29
$166.88
Egilsstaðir
14
8.20
$151.60
Hella
21
8.17
$179.21
Hofn
16
8.03
$151.16
Hornafjordur
21
8.54
$153.74
Hveragerdi
16
8.42
$206.69
Húsavík
12
8.84
$151.34
Keflavik
28
8.56
$198.98
Reykjavik
328
8.37
$205.82
Selfoss
13
8.88
$211.66
Skogarfoss
12
7.55
$202.07
Solheimahjaleiga
12
8.78
$182.10
Vik
11
8.41
$231.54

Hotel and Travel Statistics for Budget Hotels in Iceland

Top Hotel and Travel Statistics for Budget Hotels in Iceland

  • There are 2 Budget Hotels operating in Iceland.
  • The average rating for Budget Hotels in Iceland is 8.07, based on 893 reviews.
  • Travelers can expect to pay around $70 per night for a Budget Hotel in Iceland.
  • If you're looking for the best month to book a Budget Hotel in Iceland by rating, it's February, with an average rating of 9.22.
  • If you're looking for the cheapest month to book a Budget Hotel in Iceland, it's January, with an average price of $61.
  • Families are the most satisfied travelers when visiting Budget Hotels in Iceland, rating their stays at 8.85 on average.
  • Business Travelers are the least satisfied travelers when visiting Budget Hotels in Iceland, rating their stays at 7.50 on average.
  • Budget Hotel prices in Iceland peak in May, with an average price of $94.

Availability and Types of Budget Hotels in Iceland

Number of Budget Hotels

  • There are 2 Budget Hotels in Iceland.

Star Rating Distribution for Budget Hotels

  • There are 2 Budget Hotels in Iceland with an unknown star rating, accounting for 100.0% of all Budget Hotels.

Pricing Trends for Budget Hotels in Iceland

Average Price Over Time for Budget Hotels

  • The average price for Budget Hotels in Iceland is $70.

Average Price by Star Rating for Budget Hotels

  • The average price for Budget Hotels with an unknown star rating in Iceland is $70.

Price Distribution for Budget Hotels

  • There are 2 Budget Hotels in Iceland priced in the $50-$100 range, accounting for 100.0% of all Budget Hotels.

Best Month to Stay at a Budget Hotel Based on Price

  • The average price for Budget Hotels in Iceland in January is $61.
  • The average price for Budget Hotels in Iceland in February is $65.
  • The average price for Budget Hotels in Iceland in March is $66.
  • The average price for Budget Hotels in Iceland in April is $71.
  • The average price for Budget Hotels in Iceland in May is $94.
  • The average price for Budget Hotels in Iceland in October is $75.
  • The average price for Budget Hotels in Iceland in November is $66.
  • The average price for Budget Hotels in Iceland in December is $63.

Ratings and Reviews for Budget Hotels in Iceland

Number of Reviews for Budget Hotels

  • We've collected 893 reviews for Budget Hotels in Iceland.

Review Distribution for Budget Hotels

  • There are 2 reviews for Budget Hotels from business travelers in Iceland, accounting for 0.2% of all reviews.
  • There are 461 reviews for Budget Hotels from couples in Iceland, accounting for 51.6% of all reviews.
  • There are 183 reviews for Budget Hotels from families in Iceland, accounting for 20.5% of all reviews.
  • There are 17 reviews for Budget Hotels from friends in Iceland, accounting for 1.9% of all reviews.
  • There are 183 reviews for Budget Hotels from group travelers in Iceland, accounting for 20.5% of all reviews.
  • There are 43 reviews for Budget Hotels from solo travelers in Iceland, accounting for 4.8% of all reviews.
  • There are 4 reviews for Budget Hotels from travelers with an unknown type in Iceland, accounting for 0.4% of all reviews.

Average Rating Over Time for Budget Hotels

  • The average rating for Budget Hotels in Iceland in 2024 is 7.66, based on 313 reviews.
  • The average rating for Budget Hotels in Iceland in 2023 was 6.70, based on 344 reviews.
  • The average rating for Budget Hotels in Iceland in 2022 was 8.17, based on 183 reviews.
  • The average rating for Budget Hotels in Iceland in 2015 was 8.55, based on 11 reviews.
  • The average rating for Budget Hotels in Iceland in 2014 was 8.83, based on 12 reviews.

Average Rating by Star Rating for Budget Hotels

  • The average rating for Budget Hotels with an unknown star rating in Iceland is 8.07.

Average Rating by Traveler Type for Budget Hotels

  • The average rating of Budget Hotels from business travelers in Iceland is 7.50.
  • The average rating of Budget Hotels from couples in Iceland is 7.59.
  • The average rating of Budget Hotels from families in Iceland is 8.85.
  • The average rating of Budget Hotels from friends in Iceland is 8.24.
  • The average rating of Budget Hotels from group travelers in Iceland is 8.22.
  • The average rating of Budget Hotels from solo travelers in Iceland is 7.97.
  • The average rating of Budget Hotels from travelers with an unknown type in Iceland is 10.00.

Best Month to Stay at a Budget Hotel by Rating

  • The average rating for Budget Hotel in Iceland in January is 9.00.
  • The average rating for Budget Hotel in Iceland in February is 9.22.
  • The average rating for Budget Hotel in Iceland in March is 8.52.
  • The average rating for Budget Hotel in Iceland in April is 8.88.
  • The average rating for Budget Hotel in Iceland in May is 7.68.
  • The average rating for Budget Hotel in Iceland in June is 7.81.
  • The average rating for Budget Hotel in Iceland in July is 8.34.
  • The average rating for Budget Hotel in Iceland in August is 7.95.
  • The average rating for Budget Hotel in Iceland in September is 8.07.
  • The average rating for Budget Hotel in Iceland in October is 7.67.
  • The average rating for Budget Hotel in Iceland in November is 7.20.
  • The average rating for Budget Hotel in Iceland in December is 8.10.