Very nice luxury hotel, excellent breakfast, great views from high floors. Family room right on busy highway, noisy and depressing despite the spaciousness and the nice kitchen. Management was kind enough to give us an excellent room removed as much as possible from the various highways, and the duller roar was made easier by the very nice view. Lots of highway noise. Adjacent to large property under construction, I think it is an expansion of this hotel (not sure). We were fortunate that the site was not active during our stay. This hotel is not in the charming area of downtown Reykjavik, which is about a two mile walk, mostly not on busy roads. Close to a location with a row of a variety of good restaurants, and the hotel dinners are probably excellent, given the quality of the breakfasts, and seem well priced. So I recommend you try their restaurant first.