Rocks on the coast in Reykjavík. The ocean is to the left and the Short and Sculpture Walk is to the right.
Jakec · CC BY-SA 3.0 · Wikimedia Commons

Eldstæði Hotel

Boutique hotel · Miðborg (101) · Reykjavík

8.8from 181 ratings

Twenty rooms built around fire and stone — a lava-rock hearth in the lobby, sheepskin everywhere, and a rooftop geothermal tub where aurora nights turn strangers into friends. The restaurant's tasting menu holds its own against the city's best. It's a splurge that Iceland prices like a super-splurge, and rooms on the second floor hear the lobby's live folk sets on Fridays until eleven.

Why it earns the score

The rooftop tub in falling snow is the memory guests lead with a year later.

Will you sleep well?

The details that actually decide it — not the thread count in the brochure.

  • stone-wall quiet on floors 3-4
  • true blackout for midnight sun
  • cloud-grade duvets

Amenities

Fast Wi-FiBreakfast includedRestaurantBarHot tub / onsenSpaConcierge

Standard unit sleeps up to 2 guests.

The honest price

Nights
3 nights
Guests
2 guests
Base (3 × $510)
$1,530.00
Fees (mandatory)
$105.00
Taxes (11%)
$179.85
Total
$1,814.85

= $605/night all-in

Elsewhere this is advertised at $510 — it actually costs $605/night. We lead with the real number.

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Same city, same honest math.

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Reviews (1)

Liam O'Donnell@liamandthemap

Comfort-first · Couple trip · Visited Feb 2026

8.8

The rooftop tub in falling snow: worth the arithmetic

Good
Snow falling into geothermal steam while strangers became friends over the tub's edge — that hour justified the whole trip north. Sheepskin and lava rock everywhere the eye lands.
Bad
Iceland prices a splurge like a super-splurge, and our second-floor room got the lobby folk set through the floor until eleven on Friday. Ask for three or four.
Verdict
Couples marking an occasion should close their eyes and book; anyone who'd rather have five nights elsewhere than two here is also correct.
Mar 15, 2026 173