Cheap Hotels & Resorts in Olafsvellir

"We stayed at Hotel Vatnsholt for one night and had a really pleasant experience. The staff were very welcoming and helpful – we arrived late in the evening, and they took time to explain everything clearly: the common areas (with games available until 11 pm), the breakfast setup, and then directed us to our room. A really nice touch was the free hot chocolate and coffee machine in the common area, available from 7 am to 11 pm. The staff even helped us heat up our own food and kindly provided cutlery from the restaurant so we could eat in the common area. Breakfast the next morning (15 EUR per person) was excellent with a wide variety – cereals, nuts, seeds, spreads, fresh bread, cheese, waffles, jams, and also meat options. Definitely worth it. Our room was comfortable, with shared bathrooms (shared between 2–3 rooms at most), and the location in the converted barn was unique and charming. Unfortunately, we didn’t get time to meet their horses, but that’s a great reason to return. Overall, a very friendly place with great facilities and a homely atmosphere. Highly recommend for a comfortable countryside stay."

"Stayed here the night before a morning flight out from KEF. Plenty of parking on site, shops & restaurants across the street. Filled the tank at gas station next to hotel before heading out. Super convenient. Short walk to thermal bath. Had dinner at hotel restaurant, food was good. Room was clean & spacious. It would be great if we could spend more days here to explore the various trails and use the hotel pools and other amenities. "