The stay here was perfect. The hotel is close to the main shopping street (if that rocks your boat) as well as within walking distance of the harbour, concert hall, the Hallgrimskirkja and the darker bay area for watching the Northern Lights.
The rooms are comfortable and spacious with an excellent shower. One of the real highlights is the breakfast. Superb variety: muesli, granola, crèpes you can make yourself, lovely breads and pastries, porridge, coffee, fruit juices etc. The garage for car parking is free and under the hotel so when it's minus 5 outside your car is protected from the frost.
Wouldn't hesitste to recommend.