Tourism in the Faroe Islands is a growing industry. The official tourist board is Visit Faroe Islands, which is overseen and organized by the Ministry of Environment, Industry and Trade.
Tourism in the islands accounted for 1.4% of the total GDP in 2015.[1] Tourism is much smaller than other industries like fishing, which has dominated the Faroese economy.[2]
History
Fishing has been the primary sector of the Faroese economy for much of the past decades. Fishing accounts for around 90 to 95 percent of exports.[3] However, the economy has begun to diversify.
In 2013, Visit Faroe Islands saw their marketing funds double.[4] In 2014, a new terminal was opened in Vágar Airport, in part due to the tourism increase.[5] Vágar Airport saw the number of passengers increase by 43 percent in the ten years prior to the opening of the new terminal, with expectations of more than 250,000 passengers in 2014. Because of this, the airport hoped that other airline operators would get involved and take advantage of the high amount of traffic between the Faroes and Europe.[5][4]
Visit Faroe Islands started a campaign called "Closed for Maintenance, Open for Voluntourism" which saw a crew of applicants travel to the Faroe Islands and work with locals to preserve ten locations across the islands, as well as create and maintain hiking paths and set up signposting. The first crew traveled to the islands in April 2019.[6]
In 2018 Guide to Faroe Islands was established, it is a collaboration of organizers of travels, excursions, car rental etc. in the Faroe Islands.[7]
Hilton opened a hotel in the Faroes in late 2020, becoming the first global hotel chain in the islands.[9][10]
Impact
A study published in the Consortium Journal of Hospitality and Tourism found that over 45% of Faroese respondents believe tourism brings more benefits than problems to the country. The study also found that 95% of respondents would like to see more tourists in their communities.[11]
Overnight stays statistics, since 2013.[14] These statistics include overnight stays by people from the Faroe Islands.
Overnight stays
2020
2019
2018
2017
2016
2015
2014
2013
Total
108,653
197,886
185,360
176,798
161,224
151,751
139,250
132,265
Hotel/hostel and guest-house
94,940
166,452
153,113
144,626
128,731
118,885
105,468
100,173
Bed and breakfast
365
2,120
2,447
2,539
2,633
3,438
2,064
1,919
House/apartment
7,869
13,233
16,782
17,650
17,851
22,446
25,216
27,313
Camping
5,479
16,081
13,018
11,983
12,009
14,937
6,502
2,860
References
^Annual Report 2016(PDF) (Report). Visit Faroe Islands. p. 10. Retrieved 7 February 2021. The incoming tourism has increased in relation to total GDP, from 1.2% in 2011 to 1.4% in 2015.
^"Economy of the Faroe Islands - Visit Faroe Islands". visitfaroeislands.com. Visit Faroe Islands. n.d. Retrieved 9 February 2021. The fishing industry, which is distinctly diversified and constantly developing, has been the main source of income for the Faroe Islands since 1920. It has played to play a major part in the economy and continues to do so today
^"Foreign Trade - The Government". government.fo. Government of the Faroe Islands. n.d. Retrieved 23 March 2021. Fish and fish products account for between 90 and 95 percent of the total export value, and around 20 percent of the GDP and 15 percent of the labor force are employed by the fishing industry.