Global Travel Advisors Can Plan a Cheaper Trip to Norway as Norwegian Kroner Devalues To Lowest Level

Sunday, August 11, 2024

The depreciation of the Norwegian kroner has made Norway, a traditionally expensive destination, more affordable for tourists worldwide. This shift has sparked a significant increase in tourism, benefiting local businesses and boosting the economy.

According to EuroNews, tourism in Nordic countries has surged in recent months, driven by the weakening of the Norwegian krone against major global currencies. The Norwegian krone has fallen by approximately 6.50% against the US dollar since the beginning of the year, trading at $0.091 at the time of writing. Similarly, the krone has dropped around 5.45% against the Euro, currently trading at €0.084.

This currency depreciation has made Norway particularly attractive to tourists from countries like China, where Norway is often perceived as an expensive destination. Chinese tourists, in particular, are spending more on luxury goods, including clothing and accessories from renowned Norwegian stores like Moncler and Høyer.

Norway’s appeal as a tourist destination is further enhanced by its visa policies. As of August 2024, Norway allows citizens from 95 countries to visit visa free, making it even easier for travelers to explore this Nordic gem. Coupled with the weaker Norwegian kroner, this accessibility is expected to attract even more tourists, fueling the growth of Norway’s tourism industry. With 7.8 million tourists recorded in 2023 and international arrivals forecasted to reach 8.52 million by 2033, generating NOK127.4 billion in expenditure, Norway is set to experience a tourism boom, driven by both favorable exchange rates and welcoming policies.

In response, Norway, alongside other Scandinavian countries such as Finland, Denmark, and Sweden, is focusing on improving services for Chinese tourists. This includes launching joint tourism initiatives, enhancing flight connections, and expanding payment options to cater to this growing market.

Global Travel Advisors now have a golden opportunity to offer more affordable travel packages to Norway, capitalizing on the favorable exchange rates. With careful planning, travelers can enjoy the stunning landscapes and unique culture of Norway at a reduced cost, making it an irresistible destination in 2024.

Must-See Attractions in Norway

1. Geirangerfjord
   Explore Geirangerfjord, one of Norway’s most famous fjords and a UNESCO World Heritage site. Admire its stunning natural beauty with deep blue waters, towering cliffs, and cascading waterfalls, making it a must-see for nature lovers and photographers alike.
2. Lofoten Islands
   Discover the dramatic scenery of the Lofoten Islands, known for their sharp peaks, sheltered bays, and picturesque fishing villages. This archipelago offers a haven for outdoor enthusiasts, with opportunities for hiking, fishing, and witnessing the Northern Lights in winter.
3. Bergen and Bryggen Wharf
   Visit Bergen, Norway’s second-largest city, and stroll through the colorful wooden houses of Bryggen Wharf, a UNESCO World Heritage site. Immerse yourself in the city’s rich history as a trading port, explore narrow alleyways and museums, and enjoy fresh seafood at the bustling fish market.
4. Tromsø and the Arctic Circle
   Experience Tromsø, the gateway to the Arctic, located within the Arctic Circle. Explore the Arctic Cathedral, enjoy the Midnight Sun in summer, or embark on an unforgettable Northern Lights safari in winter, all while taking in the vibrant cultural life and stunning natural surroundings.
5. Preikestolen (Pulpit Rock)
   Hike to Preikestolen, or Pulpit Rock, one of Norway’s most iconic destinations. The cliff rises 604 meters above Lysefjord, offering breathtaking panoramic views. The challenging hike is rewarding, making it a popular spot for adventure seekers.
6. Oslo and the Viking Ship Museum
   Explore Norway’s capital, Oslo, a vibrant city with a rich history and modern attractions. Visit the Viking Ship Museum, where well-preserved Viking ships and artifacts offer a glimpse into Norway’s seafaring past. Wander through stunning architecture, green parks, and a thriving arts scene.
7. The Flam Railway
   Embark on the Flam Railway, one of the world’s most scenic train journeys. Travel through steep mountains and deep valleys, taking in spectacular views of waterfalls, rivers, and snow-capped peaks. This journey is a must-do for train enthusiasts and nature lovers alike.
8. Trolltunga (Troll’s Tongue)
   Conquer the hike to Trolltunga, one of Norway’s most famous rock formations, jutting out 700 meters above Lake Ringedalsvatnet. The challenging hike rewards you with a spectacular view that feels like standing on the edge of the world, making it a must-visit for those seeking an epic adventure.

Top Hotels in Norway

1. The Thief, Oslo
   Located in the trendy Tjuvholmen district, The Thief is one of Oslo’s most luxurious hotels. It offers stunning views of the Oslo Fjord, world-class art, and top-notch amenities. The hotel’s stylish rooms, exceptional dining, and proximity to the Astrup Fearnley Museum make it a popular choice for both art lovers and luxury travelers.
2. Hotel Union Øye, Hjørundfjord
   Nestled in the majestic Hjørundfjord, Hotel Union Øye is a historic, boutique hotel that offers a unique blend of tradition and luxury. Known for its royal and celebrity guests, this hotel provides an unforgettable stay with its elegant rooms, breathtaking views, and access to some of Norway’s most stunning natural landscapes.
3. Hotel Continental, Oslo
   A landmark of luxury in Oslo, Hotel Continental is the only Norwegian member of The Leading Hotels of the World. Located in the heart of the city, it offers sophisticated accommodations, impeccable service, and easy access to major attractions like the Royal Palace and Aker Brygge.
4. Juvet Landscape Hotel, Valldal
   For those looking to immerse themselves in nature, Juvet Landscape Hotel offers a one-of-a-kind experience. This minimalist hotel, set in the beautiful landscape of Valldal, features floor-to-ceiling windows that allow guests to feel at one with the surrounding wilderness. It’s a perfect retreat for those seeking tranquility and breathtaking views.
5. Storfjord Hotel, Glomset
   Overlooking the stunning Storfjord, this boutique hotel combines traditional Norwegian craftsmanship with modern luxury. Storfjord Hotel offers cozy, rustic rooms, gourmet dining, and access to some of the most scenic fjords in Norway. It’s an ideal choice for those looking to experience Norwegian culture and nature in comfort.