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Europe Hotel Prices Skyrocket for Historic Eclipse

Financial Times Companies •
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Reykjavík hotel prices surge 140%, averaging $1,000 per night during the eclipse, per Lighthouse data. In Spain, A Coruña saw over 100% increases, while Bilbao and Santiago de Compostela rose 59% and 31% respectively. Mallorca rates climbed 20%. Demand from global tourists, especially from the US, overwhelmed supply. Icelandair and Delta added flights, operating at peak capacity. Airbnb rates in Iceland’s path of totality jumped 53.7%.

Spain’s government forecasts €342mn in additional spending, redirecting tourists to lesser-known areas. Wildfire restrictions in parts of Spain may limit access. Cruise lines like Princess Cruises and Virgin Voyages sold out trips.

Cloud cover in Reykjavík is forecast ideal, but visibility risks remain. Hidden Iceland’s Ryan Connolly noted bookings were “frantic” by March 2025. Experts warn of high demand for the 2026 Luxor eclipse, the longest totality until 2114.