My family of three stayed in one of the loft suites which was quite nice. This place is set up like a youth hostel, so only twin beds in our rooms. Though we didn't fly all the way to Iceland to watch TV, there were only two or three channels available to watch. This place is in need of renovation as it is very dated, but you get what you pay for. The staff was very helpful and polite. The location was in about 15-20 minutes walking distance from downtown and there is a supermarket (Nóatún) about 5 minutes walk down the street.
The provided breakfast is worth its weight in gold because food is so outrageously expensive in Iceland. I was surprised bell peppers were on the buffet because when we went to the supermarket down the street, they were 999kr each! Even if you decide not to stay at this hotel, do try to pick one that includes breakfast.
If I ever go back to Iceland, I would consider staying at this hotel again.
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