Íslandsbanki issues its second tourism industry report


Íslandsbanki Research forecasts a 29% increase in the number of tourists visiting Iceland in 2016. After accounting for the average length of stay, this means that there will be nearly 30,000 tourists in Iceland each day of the year. These findings and others can be seen in the new report, Tourism in Iceland, issued jointly by Íslandsbanki’s Research and Corporate Banking teams. The report was presented at Harpa yesterday at the launch of the Iceland Tourism Investment Conference and Exhibition. Bjarnólfur Lárusson, customer relations manager in the Corporate Banking Division, and Ingólfur Bender, director of Research, gave the presentation. The full report can be found here.

This is the second time that Íslandsbanki has issued an in-depth report on tourism, one of Iceland’s most important economic sectors. Tourism has grown by leaps and bounds in recent years, and if Íslandsbanki Research’s forecast materialises, there will be about 16 tourists per square metre of land area this year. The tourism sector offers a wide range of challenges and opportunities. Íslandsbanki places strong emphasis on providing information to its clients and encourages its employees to share their knowledge with their customers. We hope the report will prove a useful supplement to the currently existing knowledge in this dynamic industry.

Tourism in Iceland 2016

Older news

Íslandsbanki issues EUR 300m bond and announces partial buyback of its 2020 EUR 500m bond

04.04.2019 - IR Releases
Íslandsbanki has today issued a EUR 300m 1.125% fixed rate senior unsecured bond for 3 years, at a spread of 130 basis points over mid-swaps.More

Annual General Meeting 2019 - agenda, candidates and proposals

The Annual General Meeting of Íslandsbanki hf. will be held on March 21, 2019 at the Bank's headquarters, Hagasmári 3, 201 Kópavogur at 15:00.More

Publication of 2018 Annual Report and Pillar 3 Report

13.02.2019 - IR Releases
Íslandsbanki has published an Annual Report and Pillar 3 Report for 2018. More

Annual Results 2018

13.02.2019 - IR Releases
The Bank and Íslandssjóðir turned in a good operating performance during the year, with a consolidated profit of ISK 10.6bn, while operational...More

Publication of 2018 year-end results

30.01.2019 - IR Releases
Close of business Wednesday, 13 February 2019More

Íslandsbanki to terminate credit rating contract with Fitch Ratings

30.01.2019 - IR Releases
Íslandsbanki informs that following expiration and by agreement of parties, the credit rating service contract between Fitch Ratings and Íslandsbanki...More

Ásmundur Tryggvason to direct Corporate and Investment Banking

Ásmundur Tryggvason has been engaged as director of Corporate and Investment Banking at Íslandsbanki. He replaces Vilhelm Már Þorsteinsson, who will...More