While temperatures are now falling below zero, Iceland is becoming an increasingly interesting destination as the exchange rate for Icelandic krona has melted and now makes it more affordable for tourists all over the world.
Tourist agencies record 400% and higher demands for trips to Iceland, even though the tourist season finished more than a month ago.
Iceland was traditionally perceived as an expensive destination, which does not seem to be valid these days and the meltdown of Icelandic krona is changing the perception of Iceland as an expensive destination.
Although prices for food, drink and accommodation have not changed at all, their equivalent in other currencies melt due to the devaluation of Icelandic krona.
The Google trends have shown a remarkable increase in searches for Iceland hotels and Iceland news and we reported thirteen times more people visiting IceNews as soon as the financial crisis started.
The following graphs show the trends of Google for the specific key phrases:
Now it seems that one of the mayor and substantial incomes for Iceland economy in the upcoming months may be tourism.
no…the dollar is 1.50 a euro…the krona is 150 per euro…big difference
We are now as cheap as a third world country. What happened to us? God save us all from our imbecile leaders.
Its not cheap in absolute terms, its about pare with the dollar at 150 to the Euro.
Its just not the most expensive any more.
[…] no responses After the crisis started in Iceland tourism has increased significantly, they are now up 400%! The weak krona has given the option for tourist to come to Iceland and enjoy Iceland at low cost. Tourist agencies record 400% and higher demands for trips to Iceland, even though the tourist season… […]
This is good news! I have been there twice this year and have already started to plan a longer yourney. I really hope more tourism make your currency stronger – it makes no sence that Iceland should be “cheap”.