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Post by High Priestess on Aug 19, 2016 14:31:38 GMT
See the Skift article: skift.com/2016/08/19/iceland-tourism-and-the-mixed-blessings-of-airbnb/If it weren’t such a controversial subject for locals, the rise of Airbnb in Reykjavik could represent a major success story for the sharing economy giant. The number of hotel rooms in Iceland has increased by 42 percent since 2010, according to data from Statistics Iceland, with 394 hotels and hostels active across the country in 2015. Downtown Reykjavik is now dotted with cranes looming above the skyline, as dozens of hotels are being built and converted from underutilized buildings across the city. But hotel growth hasn’t kept pace with tourism. To put things in perspective, the total number of visitors to Iceland increased by 264 percent over the same period of time. So Airbnb has helped fill the gap between available hotel rooms and hotel room demand.
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