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Other Accommodation in Iceland - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

IS-I559 August 2024 Factsheet

Revenue

€69

2019-2024 80.8 %
2024-2029 XXX.X %

Employees

7

2019-2024 20.5 %
2024-2029 XX.X %

Businesses

4

2019-2024 28.9 %
2024-2029 XX.X %

Wages

€XXX.Xk

2019-2024 XX.X %
2024-2029 XX.X %

Other Accommodation in Iceland market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Iceland compared to Europe?

Country Benchmarking

Industry Data Iceland

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#30 In Europe
Business
#30 In Europe
Employees
#30 In Europe
Wages
#29 In Europe

The Other Accommodation in Iceland ranks 30 in Europe with regards to its 2024 revenue (€69). Revenue received by operators in Iceland has been very high in volatility over the past five-year period, with the average annual change in revenue (80.8 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Other Accommodation industry in Iceland in 2024?

The market size of the Other Accommodation industry in Iceland is €69 in 2024.

How many businesses are there in the Other Accommodation in Iceland industry in 2024?

There are 4 businesses in the Other Accommodation industry in Iceland, which has declined at a CAGR of 28.9 % between 2019 and 2024.

Has the Other Accommodation industry in Iceland grown or declined over the past 5 years?

The market size of the Other Accommodation industry in Iceland has been declining at a CAGR of 80.8 % between 2019 and 2024.

What is the forecast growth of the Other Accommodation industry in Iceland over the next 5 years?

Over the next five years, the Other Accommodation industry in Iceland is expected to grow.

What does the Other Accommodation in Iceland include?

Student Residences and Dormitories and Workers' Hostels are part of the Other Accommodation industry.

How competitive is the Other Accommodation industry in Iceland?

The level of competition is moderate and steady in the Other Accommodation industry in Iceland.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

This industry provides temporary or longer-term accommodation in single or shared rooms or dormitories for students, migrant (seasonal) workers and other individuals. Common examples include student residences and dormitories, workers hostels, rooming and boarding houses and railway sleeping cars.

What's included in this industry?

Student Residences and DormitoriesWorkers' HostelsRooming and Boarding HousesRailway Sleeping Cars

Industry Code

ISIC 2006

559 - Other accommodation in Iceland

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Other Accommodation in Iceland
  • Employees in the Other Accommodation in Iceland
  • Business in the Other Accommodation in Iceland
  • Profit in the Other Accommodation in Iceland

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Other Accommodation in Iceland industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Other Accommodation in Iceland industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.