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Prices shown are the lowest nightly rate found in Oct 2026, 2 adults. Pick your dates and press Check prices for live prices.

Iceland · Updated 9 October 2026

The best luxury hotels in Reykjavik

10 luxury hotels in Reykjavik, compared on guest scores, price for your dates, rooms and location.

10Hotels compared2 with a Michelin Key
9.4Top guest scoreThe Retreat at Blue Lagoon Iceland
$353Median per nightLowest rates, Oct 2026
8,293Guest reviewsBehind these scores

Best luxury hotels in Reykjavik for score, location and price

Each card is the highest-ranked hotel on its measure that is not already picked.

The Retreat at Blue Lagoon Iceland
Highest guest score

The Retreat at Blue Lagoon Iceland

9.4 from 98 reviews
Hotel Reykjavík Saga
Top-rated location

Hotel Reykjavík Saga

Location 9.8/10
Hotel Eyja
Most reviewed

Hotel Eyja

1,415 reviews, 8.9 average
Mjólk Hotel
Lowest price

Mjólk Hotel

From $215 a night

Reykjavik luxury and 5-star hotels compared: price and guest score

Luxury hotels in Reykjavik compared: area, guest score, location score, Michelin Keys and lowest price per night
HotelAreaGuest scoreLocation scoreMichelin KeysFrom, per nightAvailability
The Retreat at Blue Lagoon IcelandFree cancellation · BreakfastGrindavík9.4 (98)9.42$1,849Check availability
Hotel Reykjavík SagaFree cancellation · BreakfastReykjavík 101, Reykjavík9.2 (1,366)9.8–$418Check availability
Kvosin Downtown HotelCheck termsReykjavík 101, Reykjavík9.1 (1,223)9.7–$442Check availability
Hotel Reykjavík CentrumFree cancellationReykjavík 101, Reykjavík9.0 (1,199)9.8–$248Check availability
Hotel KriunesFree cancellation · BreakfastKópavogur, Reykjavík9.0 (1,099)9.2–$222Check availability
Canopy by Hilton Reykjavik City CentreCheck terms · BreakfastReykjavík 101, Reykjavík9.0 (495)9.7–$353Check availability
Mjólk HotelCheck termsReykjavík 101, Reykjavík9.0 (102)9.5–$215Check availability
Hotel EyjaCheck termsReykjavík East, Reykjavík8.9 (1,415)8.9–$223Check availability
Iceland Parliament Hotel, Curio Collection By HiltonCheck termsReykjavík 101, Reykjavík8.9 (636)9.8–$314Check availability
The Reykjavik EDITIONCheck terms · BreakfastReykjavík 101, Reykjavík8.7 (660)9.51$851Check availability

The 10 best hotels in Reykjavik, ranked by guest score

The Retreat at Blue Lagoon Iceland photo 1The Retreat at Blue Lagoon Iceland photo 2The Retreat at Blue Lagoon Iceland photo 3The Retreat at Blue Lagoon Iceland photo 4The Retreat at Blue Lagoon Iceland photo 5
01

The Retreat at Blue Lagoon Iceland

Grindavík · Norðurljósavegur 11

9.4Wonderful98 reviews
  • 2 Michelin Keys
Comfort9.7
Location9.4
Staff9.5
Value for money8.5
  • Free cancellation
  • Breakfast included
  • Spa
  • Breakfast
  • Restaurant
  • Room

Signature suites

  • Lava View Junior Suite40 m² · 2 guests
  • Moss Junior Suite40 m² · 2 guests
  • Lava View Junior Suite Twin40 m² · 2 guests
From $1,849
a night · lowest rate found Oct 2026
Hotel Reykjavík Saga photo 1Hotel Reykjavík Saga photo 2Hotel Reykjavík Saga photo 3Hotel Reykjavík Saga photo 4Hotel Reykjavík Saga photo 5
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Hotel Reykjavík Saga

Reykjavík 101, Reykjavík · Lækjargata 12, 101 Reykjavík, Iceland

9.2Wonderful1,366 reviews
Comfort9.6
Location9.8
Staff9.6
Value for money8.5
  • Free cancellation
  • Breakfast included
From $418
a night · lowest rate found Oct 2026
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Hotel Kriunes

Kópavogur, Reykjavík · Kriunesi Vatnsenda, Kópavogur, 203 Reykjavík, Iceland

9.0Wonderful1,099 reviews
Location9.2
Value for money8.5
Comfort9.3
Staff9.4
  • Free cancellation
  • Breakfast included
From $222
a night · lowest rate found Oct 2026
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07

Mjólk Hotel

Reykjavík 101, Reykjavík · Snorrabraut 54, 105 Reykjavík, Iceland

9.0Wonderful102 reviews
Comfort9.5
Location9.5
Staff8.5
Value for money8.7
    From $215
    a night · lowest rate found Oct 2026
    Hotel Eyja photo 1Hotel Eyja photo 2Hotel Eyja photo 3Hotel Eyja photo 4Hotel Eyja photo 5
    08

    Hotel Eyja

    Reykjavík East, Reykjavík · Brautarholt 10-14, 105 Reykjavík, Iceland

    8.9Excellent1,415 reviews
    Comfort9.4
    Location8.9
    Staff9.4
    Value for money8.5
      From $223
      a night · lowest rate found Oct 2026
      The Reykjavik EDITION photo 1The Reykjavik EDITION photo 2The Reykjavik EDITION photo 3The Reykjavik EDITION photo 4The Reykjavik EDITION photo 5
      10

      The Reykjavik EDITION

      Reykjavík 101, Reykjavík · Austurbakki 2

      8.7Excellent660 reviews
      • 1 Michelin Key
      Comfort9.4
      Location9.5
      Staff9.2
      Value for money7.6
      • Breakfast included
      • Location
      • Room
      • Breakfast
      • Dinner

      Top rooms

      • Loft King Room with Courtyard View45 m² · 3 guests
      • Deluxe King Room with Scenic View29 m² · 2 guests
      • Queen Room with Two Queen Beds28 m² · 4 guests
      From $851
      a night · lowest rate found Oct 2026

      Luxury hotels in Reykjavik: frequently asked questions

      What is the highest-rated luxury hotel in Reykjavik?

      The Retreat at Blue Lagoon Iceland has the highest guest score in this selection: 9.4 from 98 reviews.

      How much does a luxury hotel in Reykjavik cost?

      The lowest nightly rates found in Oct 2026 (2 adults) range from $215 to $1,849. The median is $353 a night. Prices change with dates.

      Which luxury hotels in Reykjavik include breakfast?

      When rates were checked in Oct 2026, the lowest available rate included breakfast at: The Retreat at Blue Lagoon Iceland, Hotel Reykjavík Saga, Hotel Kriunes, Canopy by Hilton Reykjavik City Centre, The Reykjavik EDITION.

      Which luxury hotels in Reykjavik offer free cancellation?

      4 of 10 hotels offered a free-cancellation rate when checked in Oct 2026: The Retreat at Blue Lagoon Iceland, Hotel Reykjavík Saga, Hotel Reykjavík Centrum, Hotel Kriunes.