Candlewood Suites Reykjavik: A New Landmark For Extended Stays In Iceland’s Capital

Published on October 8, 2025

IHG Hotels & Resorts (IHG) will soon unfastened its first-ever Candlewood Suites successful Iceland, which is different large measurement successful nan company’s description successful nan region. The caller spot will beryllium built successful collaboration pinch ALVA Capital, successful nan cardinal metropolis of Reykjavik, nan superior of Iceland. Over nan adjacent 3 to 5 years, IHG intends to create astir 500 rooms successful Reykjavik arsenic good arsenic further rooms successful Iceland, which will beryllium nan first description of IHG successful nan Nordic area.

IHG’s caller acquisition has expanded nan company’s footprint successful nan Nordic region moreover further aft nan openings of voco Stockholm – Kista and Crowne Plaza Copenhagen Towers, arsenic good arsenic nan latter’s Hotel Indigo Helsinki. The institution has identified a strategical intent for description successful Iceland, which is to diversify nan disposable accommodation for visitors and meet nan increasing accommodation request for extended visits successful nan region.

A Glance astatine Iceland’s Growing Popularity Among Travellers

For its ethereal landscapes paired pinch modern urbanity, Iceland has managed to seizure nan attraction of nan world astatine ample erstwhile it comes to tourism. Over nan past decade, nan tourism manufacture of Iceland has grown astatine an exponential rate, pinch complete 2.3 cardinal world arrivals per year. Considering nan organization of nan state hovers astir 400,000 people, it is importantly complete 5 times nan size of nan population, reflecting connected nan world tourism manufacture of Iceland.

The melodramatic summation of overseas travellers to Iceland is attributed to nan increasing world nickname of Iceland’s salient landmarks, specified arsenic volcanoes, geysers, to waterfalls, and stronger and much developed municipality areas. In consequence to overseas world travellers, a increasing request has developed, extending their scope to divers amenities. From mid-range hotels to luxury suites designed pinch Iceland’s volcanic suites, nan regions person adapted to nan increasing manufacture of tourism. IHG’s Candlewood Suites Reykjavik has immoderate of nan champion edifice amenities tailored for longer stays, pinch nan utmost worth for its kind.

The summation of Candlewood Suites to Reykjavik’s scenery is predicted to assistance overseas travellers nan astir arsenic these suites are designed for business travellers arsenic good arsenic travellers for leisure. Candlewood will supply guests pinch a well-equipped installation of portable workspaces to beryllium utilised, improving and expanding nan business and leisure workers’ elastic activity regime, arsenic nan guests are only required to salary for nan suite they deem astir appropriate, catered to their needs.

IHG’s Strategic Expansion successful Iceland and nan Nordics

Candlewood Suites Reykjavik will beryllium owned by IHG and adds to its increasing footprint successful nan Nordics. IHG has planned to grow into Denmark, Finland, Sweden, and Iceland, and nan increasing request for midscale and semipermanent accommodation successful nan region is simply a halfway portion of why nan region is simply a target for IHG’s strategical development.

In Reykjavik, Candlewood Suites is positioned perfectly to work guests who admit modern comfortableness astatine a reasonable price, arsenic good arsenic those staying successful nan metropolis for business who want added worth to their accommodation. The spot will supply business travellers focusing connected nan Reykjavik Convention Centre and different convention venues pinch worth accommodation bolstered by blase business services, modern gathering rooms, and moreover 24-hour entree to fittingness facilities.

Tourism and Economic Impact successful Reykjavik

As much group admit nan creation and civilization arsenic good arsenic nan plants and animals of nan city, nan tourism assemblage successful Reykjavik has grown tremendously. The superior is filled pinch taste attractions specified arsenic museums and creation galleries. Interesting humanities sites wrong nan boundaries of nan capital, specified arsenic nan Hallgrímskirkja and nan Harpa Concert Hall, besides make it an perfect extremity for visitors exploring nan country. Reykjavik besides has a lively nightlife, a wide assortment of restaurants, and section markets wherever nan section civilization tin beryllium experienced.

The tourism-centric system of Reykjavik metropolis will use tremendously from nan summation of nan Candlewood Suites. IHG is breaking nan stereotype of short tourer visits to Reykjavik and is catering to semipermanent visitors arsenic good pinch elastic semipermanent accommodation. The added worth will make IHG much competitory successful nan world marketplace while besides contributing to nan country’s increasing tourism economy. With world tourism booming, IHG will besides play an important domiciled successful expanding nan capital’s hospitality industry.

The caller spot will thief support Reykjavik’s increasing estimation arsenic a hub for business travellers and world conferences. Recently, IHG added a caller spot arsenic portion of its ongoing thrust to grow its portfolio for world business tourism. Reykjavik, which already hosts a number of world events and conferences, will use from caller extended enactment options, enhancing its capacity to service world convention traffic.

Conclusion

In continuing its finance successful Iceland, IHG is strategically placing itself to go a awesome subordinate successful nan region’s hospitality and tourism. The caller Candlewood Suites Reykjavik is expected to importantly heighten nan customer acquisition and support Iceland’s increasing tourism manufacture by expanding visitation and patronage to nan section economy.

The expanding portfolio is simply a clear denotation that IHG is focused connected cementing its position arsenic a marketplace leader successful easy accessible world hospitality solutions. With caller builds slated successful nan Nordics, IHG maintains its estimation for providing value elastic accommodation successful nan region. IHG is concentrated connected nan improvement of IHG’s portfolio successful Iceland; however, it is important to statement that astir each of IHG’s market-developed and expanding properties are designed to support agelong and short stays, a request that continues to caput upward successful Iceland.