The website Airbnb continues to grow in popularity as Icelandic registrations have increased by 124 percent between years. A total of 3,903 apartments are listed on the website, compared to 1,700 last year.
According to travel website Turisti.is, the number of foreign guests using Airbnb increased by 156 percent in 12 months.
Despite the website rapid growth, insiders say the company does not pose a threat to local hotel chains as Reykjavík lacks enough hotel rooms to meet rising demand.
Airbnb was founded in 2008 and its listings world-wide crossed the 2 million listings mark last year.
The website Airbnb continues to grow in popularity as Icelandic registrations have increased by 124 percent between years. A total of 3,903 apartments are listed on the website, compared to 1,700 last year.
According to travel website Turisti.is, the number of foreign guests using Airbnb increased by 156 percent in 12 months.
Despite the website rapid growth, insiders say the company does not pose a threat to local hotel chains as Reykjavík lacks enough hotel rooms to meet rising demand.
Airbnb was founded in 2008 and its listings world-wide crossed the 2 million listings mark last year.
