Number of stays in Faroese accommodation establishments increases by 4.5 % in first three quarters of 2018

As reported by Statistics Faroe Islands (Hagstova Føroya), in the Faroe Islands the number of overnight stays in accommodation establishments (i.e. hotels, hostels, campsites, apartments and Bed & Breakfasts) increased by 4.5% to 128.330 in the first three quarters of 2018, as compared with the first three quarters of 2017.

Faroese accommodation establishments welcomed 52.232 people the first nine months of 2018.

Of those 52.232, 31.739 were tourists, which is 15% less than in 2017, while 20.493 were business travelers, which is 50% more than in 2017.

Key international markets, from which the most foreign overnight stays in the Faroe Islands were recorded, were Denmark (32% of all foreign overnight stays), other Scandinavian countries (21%) and Europe minus Scandinavia (21%).

The number of overnight stays by Faroese residents amounted to 18% of all overnight stays in the country.

In the first three quarters of 2018, the highest number of overnight stays was recorded in the Tórshavn area, almost 90.000 (around 70% of all overnight stays) or roughly 5.000 more than in the first nine months of 2017.

It is unclear how many Airbnb bookings were made. Despite Airbnb being present in the Faroe Islands for a couple of years now, Airbnb has not yet been forced to share guest information with Faroese authorities.

Author: Jens Hákun Leo