With almost 31,300 overnight stays, July 2021 turned out to be the best month ever for Faroese hotels. Overnight stays are up by almost 50% on July 2020 and by 25% compared to July 2019.
The almost 31,300 hotel overnight stays in July 2021 are an increase of about 10,200 on July 2020. Hotel overnight stays are used as a measurement of the number of visitors and the duration of their stays.
The number of overnight stays by Danish residents saw a 36% year-on-year increase in July 2021, while the same figure for residents outside of the Danish Kingdom more than doubled.
Faroese residents represented just over a quarter of the hotel overnight stays in July 2021. Over the past year, this figure has averaged between 60% and 70%.
Check-ins show the number of hotel visitors regardless of the duration of their stays.
July 2021 saw approx. 10,800 hotel check-ins, an increase of 35% on July 2020.
The July 2021 check-in figure represents a 4% increase on July 2019. In other words, the number of check-ins has not risen in line with the number of overnight stays, which means that hotel visitors, on average, stayed for longer periods in July 2021.
The occupancy rate shows the number of available rooms used.
About 75% percent of all hotel rooms were occupied in July 2021, compared with 63.5% in July 2020.
In 2019, the occupancy rate was 90%, the highest figure on record. The number of hotel rooms increased significantly last year with the opening of two large hotels and expansions of several others. For this reason, the occupancy rate is now lower than in 2019, despite the increase in overnight stays.
Overnight stay: in this context, an overnight stay is defined as a single night spent in a hotel which registers and passes this information on to Statistics Faroe Islands. For example, if ten people spend three nights at a hotel, this counts as 30 overnight stays.
Check-in: the number of individuals who check in at a hotel.
Room nights: the number of rooms occupied over a certain period. For example, if ten people spend three nights in five rooms, this counts as 15 room nights.