Hotel Holt

Biggest benefit is the location

Prós: Location was easy walking distance to many shops and restaurants. Staff was friendly and helpful.

Contras: They say that they provide a hot breakfast, but I found that this really meant just buffet style eggs and bacon. Everything else was more of a continental breakfast style.

Very nice stay.

Prós: Quiet location, but 10 min walk to everything. Breakfast buffet (hot) included. Absolutely best staff attentive, accommodating, engaging. Houses one of the finer restaurants in the city plus a nice bar downstairs. Tea and coffee and mini bar in the room. Would absolutely stay again.

Contras: Single rooms on the top floor are drafty because of the balcony doors.

Solid Old Town Reykjavik Hotel

Prós: Very good staff, clean and comfortable, splurge restaurant. Arranged several details including transfers and day trips via the staff. Quick walk to old town in both directions - reflecting pool or Hallgrimskirka. Solid.

Contras: Not cheap, rooms are not large, but that's not their fault.