Chapter 20 Enterprise and industrial policy Tourism in Iceland. Tourism in the context of general economic development?. Tourism generates about 17% of foreign exchange revenues ranking third after marine products and aluminium/industrial export
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Tourism in Iceland
Tourism generates about 17% of foreign exchange revenues ranking third after marine products and aluminium/industrial export
One of the fastest growing industries in Iceland
Expected tourism arrivals in 2011 based on forcast from airlines 600.000
Tourism arrivals in 2001 were about 300.000
Main problems are low profitability, seasonality and lack of tourism infrastructure at important tourism destinations