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Best for: Solo travelers, groups of friends, families On-site amenities: Bar/lounge, restaurant, performance space, library, Wi-Fi, ocean-view rooms Pros: A high-quality hostel that blurs the line between hostel and hotel in a great location in town at a reasonable rate. Cons: This property is designed around its communal spaces and experiences, which might not be desirable for some travelers right now. Don t be scared of the word hostel. This isn t the kind of gritty place you stayed while studying abroad. We included it because it s no secret that traveling to Iceland can be a pricey proposition, so for a budget-friendly option, you can t do much better than Kex Hostel. ....