Despite an increase in overnight stays and check-ins over the past year, the occupancy rate has dropped considerably
There were just over 7,400 overnight stays in Faroese hotels in February 2021 – an increase of almost 900 on the same month last year. Hotel overnight stays are used as a measurement of the number of visitors and the duration of their stays.
Hotels in the capital region account for the highest relative number of overnight stays.
The number of overnight stays by Faroese residents more than doubled in the February 2020-February 2021 period. For Danish residents, this figure dropped by 39%. For residents of other countries, it went down by 52%.
Check-ins show the number of individuals who check in at a hotel, regardless of the duration of their stay.
By this measurement, February 2021 saw an increase of more than 1,800 Faroese residents, which is 99% more than in February 202.
Two new hotels opened in the Faroe Islands in 2020, while others expanded their facilities. The occupancy rate shows the number of available rooms used.
Despite the increase in overnight stays and check-ins over the past year, the occupancy rate dropped from 35.1% in February 2020 to 23.5% in February 2021.
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.