Articles tagged “iceland”

Wow Air’s Shutdown Prompts Recession Fears in Iceland

Wow Air’s Shutdown Prompts Recession Fears in Iceland

Ragnhildur Sigurdardottir, Bloomberg

Iceland's tourism growth had seemed unstoppable. But as Skift has said for years, every geopolitical upheaval today can be traced back to the travel sector in some way. Policy planners need to adequately account for it.

3 days ago

Iceland to Lure Tourists With a Mediterranean-Style Resort

Iceland to Lure Tourists With a Mediterranean-Style Resort

Ragnhildur Sigurdardottir, Bloomberg

This is a smart, out-of-the box idea, considering Iceland's natural geothermal power. But with overtourism such a recent issue in the country, could this new project aggravate locals' complaints?

3 weeks ago

What Local News Tells Us About Overtourism: New Skift Research

What Local News Tells Us About Overtourism: New Skift Research

Seth Borko, Skift Research

Sentiment analysis is a burgeoning field that we can use to add a new dimension to the industry-wide conversation about overtourism.

1 month ago

What Locals Feel About Overtourism: A Skift Research Report

What Locals Feel About Overtourism: A Skift Research Report

Seth Borko, Skift Research

Overtourism is one of the biggest challenges faced by the travel industry. Quantifying it helps diagnose and fight the issue. Our new method of measuring local sentiment toward tourists can build upon and complement existing overtourism metrics.

2 months ago

Iceland’s Best Travel Finds Aren’t on Instagram

Iceland’s Best Travel Finds Aren’t on Instagram

Brandon Presser, Bloomberg

Ignore everything Instagram shows you about Iceland if you want to avoid overtourism. Venture instead to the hidden places few travelers have ever seen.

2 months ago

Will Wow Air’s Demise Ease Iceland’s Overtourism Problem?

Will Wow Air’s Demise Ease Iceland’s Overtourism Problem?

Ragnhildur Sigurdardottir and Nick Rigillo, Bloomberg

Blessing in disguise in terms of addressing overtourism? Or a terrible blow to Iceland's economy? We'll have to wait and see just how the loss of Wow Air will play out in the country.

2 months ago

Tourism in Iceland Might Drop This Year as Airlines Can’t Keep Up

Tourism in Iceland Might Drop This Year as Airlines Can’t Keep Up

Ragnhildur Sigurdardottir, Bloomberg

This isn't such a bad thing for Iceland, which has started to feel the strain of overtourism. Plus, even with the decline, the small country still expects to see millions of tourists.

4 months ago

Why Iceland’s Tourism Boom May Finally Be Over

Why Iceland’s Tourism Boom May Finally Be Over

Isaac Carey, Skift

Tourism grew to one-third of Iceland's economy in 2015, boosting the country's dependency on the sector. But things are likely changing, and it's unclear what comes next.

4 months ago

Icelandair’s Pass on Buying Wow Air Ignites New Worries About the Discount Carrier

Icelandair’s Pass on Buying Wow Air Ignites New Worries About the Discount Carrier

Ragnhildur Sigurdardottir and Benjamin Katz, Bloomberg

Only two months ago Wow Air was talking optimistically about an initial public offering. Since then, a profit warning and other bad publicity led many consumers to abandon buying tickets on the carrier. The collapse of low-cost rival Primera made creditors tougher, too.

6 months ago

Icelandair to Buy Rival Wow Air

Icelandair to Buy Rival Wow Air

Patrick Whyte, Skift

This looks like a marriage of convenience for the carriers. Both are struggling, as is the wider Icelandic tourism industry. We'll have to wait and see whether one is better than two.

7 months ago

Iceland Tourism Growth Is Dramatically Slowing

Iceland Tourism Growth Is Dramatically Slowing

Ragnhildur Sigurdardottir and Nick Rigillo, Bloomberg

Although Icelandair and Wow Air are facing new challenges, it would be difficult to conclude that the country's overtourism problems are behind it. Maybe this could be an opportunity for Iceland tourism to pause, and consider next steps.

8 months ago

Icelandair Struggles Despite a Hot Local Tourism Market

Icelandair Struggles Despite a Hot Local Tourism Market

Brian Sumers, Skift

Iceland should be a good air market right now. But increased competitive capacity is putting major pressure on Icelandair. The carrier's new CEO is going to have to find a way to get the airline back on track.

9 months ago