13 DecAround 1500 hotel rooms will be put into use in the space of the next two years. This is the same as 15 average sized city hotels. With each hotel room costing an average of 35 million ISK this investment is around 53 billion ISK.
12 Apr 2018The office of the Reykjavik Building Inspector has accepted an application from the Íslandshótel hotel chain to build a five storey hotel with 103 rooms in Lækjargata 12 and adjacent building in Vonarstræti which will be rebuilt.
21 Jun 2017 Guðrún Helga Árnadóttir who lives in the town of Borgarnes in West Iceland says that two French tourists knocked on her front door and asked to stay the night. She said no as she didn't know them and found this uncomfortable.
3 Jun 2017Three years ago, musician couple Berglind Häsler and Svavar Pétur Eysteinsson moved away from Reykjavik to settle at a farm called Karlsstaðir in remote Berufjörður in the East Fjords of Iceland and started an organic farm, guesthouse and concert venue.
1 Jun 2017An extremely wealthy family from Singapore, the Pang family, have purchased the farm Þúfa in the Kjós area which is about half and hour's drive from Reykjavik. The hotel is going to be a luxury hotel for wealthy travellers.
29 May 2017A new boutique hotel, Sandhótel, opens on Thursday in seven adjoined buildings on Laugavegur offering 53 rooms. Between the buildings is a new square where people can enjoy snacks from the famous Sandholt bakery next door.
26 May 2017The new hotels opening on Reykjavik's central shopping street, Laugavegur, means that over 200 new hotel rooms will be available in this popular shopping street. At no other time in history such a rapid change has been noted on Laugavegur.
5 Jan 2017A new four star hotel is being built on the corner of Suðurlandsbraut and Grensásvegur with 300 rooms therefore becoming the second largest hotel in Iceland, with the Fosshótel on Höfðatorg in the financial quarter being the largest.