Private Bathroom Twin Room
- 2 Single beds,1 King-size bed,1 Double bed
Hotel · Reykjavik · Capital Region
Loft - Hi Eco Hostel - Reykjavik
A sociable eco hostel on Reykjavik's main shopping street, with live music, karaoke, and a rooftop terrace.
- Central location on Bankastraeti
- Live performances and karaoke
- Rooftop terrace and shared kitchen
8.5
Great
1548 reviews
Booking.com 8.5 · 1548 reviews
About
Loft - Hi Eco Hostel - Reykjavik
Loft - Hi Eco Hostel sits right on Bankastraeti, Reykjavik's main shopping street, putting you in the middle of the action. The 2-star hostel offers a mix of private rooms and dorms, all with a eco-friendly focus. Guests can enjoy live performances and karaoke in the bar, or relax on the sun terrace and in the shared lounge.
The hostel provides a shared kitchen, luggage storage, and a 24-hour security, making it easy to settle in and explore the city. With a guest rating of 8.5 out of 10 from over 1,500 reviews, it's a popular choice for travelers seeking a social stay in Iceland's capital.
- No smoking on site
- Wi-Fi
- VIP check-in/ -out
- Express check-in/ -out
- No pets allowed
- Rooms/ Facilities for disabled
In brief
What works, what to weigh
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Strengths
5 reasons to book- Central location — Right on Bankastraeti, the main shopping street, within walking distance of Harpa, Hallgrimskirkja, and the harbor.
- Lively social atmosphere — Live performances, karaoke, a bar, and a rooftop terrace create a fun, sociable environment – great for meeting people.
- Excellent value — From £39 per night, with a guest rating of 8.6 for value – a budget-friendly option in Reykjavik.
- Clean and comfortable rooms — Guests repeatedly praise clean rooms, comfortable beds, and handy features like lockers and personal outlets.
- Friendly and helpful staff — Staff are consistently noted for being attentive and going out of their way to help, from booking tours to smooth check-in.
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Worth weighing
4 to weigh- Lively lobby bar — The lobby doubles as a public bar, so it can be noisy – perhaps not ideal if you're looking for a quiet stay.
- Shared facilities in dorms — Most dorms have shared bathrooms, except for a few private-bathroom options. This may be a consideration for some travelers.
- Limited parking — There's no dedicated parking – guests mention free street parking only after 6pm, which may be inconvenient if you have a car.
- No pets allowed — The hostel does not permit pets, so if you're traveling with an animal, you'll need to look elsewhere.
01 — Rooms
Rooms & rates
High season: summer dates usually book out a few weeks ahead.
Superior Private Bathroom Double Room
- 1 King-size bed
Private Bathroom Dormitory Room Female only
- 1 Bed in shared room
- Shower
- Private bathroom
- Heating
4 Bed Dormitory Room Dormitory Room Female only
- 1 Bed in shared room
- Shower
- Heating
6 Bed Dormitory Room Dormitory Room Mixed
- 1 Bed in shared room
- Shower
- Heating
Private Bathroom Dormitory Room Mixed
- 1 Bed in shared room
- Private bathroom
Private Bathroom Quadruple Room
- Sleeping arrangements for 4 persons
- Private bathroom
02 — Amenities
Services & amenities
Everything included at this stay — the facilities and essentials, at a glance.
General
- Wi-Fi
- No smoking on site
- Lift
- Heating
- Air conditioning
- Rooms/ Facilities for disabled
Food & Drink
- Shared kitchen
- Snack bar
- Bar/ Lounge area
- Coffee shop
- Happy hour
- Welcome drink
Entertainment
- Karaoke
- Live entertainment
- Leisure/ TV room
- Board games
- Sun terrace
- Terrace
- Garden furniture
Services
- Luggage storage
- Locker room
- Housekeeping
- 24-hour security
- Express check-in/ -out
- VIP check-in/ -out
Photos
Gallery
03 — Reviews
What guests say
Recent verified reviews from guests who stayed here.
Guest-rated 8.5/10 from 1,548 reviews
Booking.com · 8.5 · 1548 reviews
8.5Verified guest“I was in town for a festival and the staff went out of their way to help, even booking tours for me. The room was clean and eco-friendly, and the central location and kitchen were great. I loved the free items other travelers left behind, and it was easy to get around on public transport.”
8.5Verified guest“Great value for money – the room was spacious and comfortable. The location was a short walk from everything, and the staff were friendly and helpful.”
8.5Verified guest“The staff were friendly and helpful, the common room was nice, and the kitchen was well-equipped. The location was convenient with supermarkets nearby.”
8.5Verified guest“I liked the city view, the beds were sturdy, and everything was clean. Luggage storage was handy and the staff were friendly.”
8.5Verified guest“This place is a real find in the heart of the city. Excellent value – the price is affordable and they've paid attention to the basics, like ensuite showers and toilets in all rooms. Being on the main shopping street is super convenient, with shops, bars, and the center close by. The staff are friendly and happy to help with recommendations. The views from the Loft Balcony Bar are stunning, and breakfast is a tasty start to the day.”
8.5Verified guest“The location is perfect – just a 5-minute walk to Harpa and Hallgrimskirkja, and right on the Main Street. Rooms are spacious and well-designed, with shelves, lights, and power at each bed. The staff are friendly and the lounges and rooftop seating are inviting.”
04 — Location
Getting around Reykjavik
The property sits in Reykjavik.
Getting around: The hostel is on Bankastraeti, putting you in the heart of Reykjavik. Most attractions are within easy walking distance, and public transport is close by.
Eat & drink: You're surrounded by shops, bars, and restaurants on the main street, with a supermarket nearby for self-catering.
Things to do: Harpa and Hallgrimskirkja are about a 5-minute walk, and the harbor is also close – perfect for exploring downtown.
Bankastraeti 7, Reykjavik, Capital Region, 101, Iceland
05 — Good to know
Policies & conditions
Hotel details are shown for reference. Final rate terms are confirmed on the partner’s site at booking.
- Check-in
- From 15:00-23:59
- Check-out
- By 11:00
- Cancellation
- Free cancellation on many rates — terms on booking page
- Payment
- Pay-at-hotel available on many rates; final terms at booking
- Pets
- Not allowed
- Property
- 87 rooms
06 — Questions
Frequently asked
What are the check-in and check-out times?
Check-in is from 15:00 to 23:59, and check-out is by 11:00. VIP or express check-in/out is available.
Is breakfast included?
The input doesn't mention breakfast, so we can't confirm. However, there's a shared kitchen if you'd like to prepare your own meals.
Does the hostel have parking?
There is no dedicated parking on site. Some guests mention free street parking after 6pm, but you should check local regulations.
Are pets allowed?
No, pets are not allowed at this hostel.
Is there Wi-Fi and air conditioning?
Yes, Wi-Fi is available throughout, and air conditioning is listed among the amenities. Heating is also provided for cooler days.
Are there private rooms or only dorms?
The hostel offers both private rooms (like twin and double rooms) and shared dormitories, some with private bathrooms.
The bottom line
Loft - Hi Eco Hostel is a top pick for budget-conscious travelers who want to be in the center of Reykjavik and enjoy a social, lively atmosphere. The combination of location, value, and friendly staff makes it a reliable choice, though light sleepers might prefer earplugs given the bar downstairs.
8.5A solid, well-reviewed hostel that delivers on its promises.
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