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From42US$ /night
Check-in
18Jan2026Select date
Check-out
19Jan2026Select date
Rooms and Guests2 Guests, 1 Room
Key details

About the Hotel

Bankastraeti 7, Reykjavik, Iceland, 101
-
Close to the city center
Great
8.5
/10
4.4
4.4
/5

Rooms at Loft

Loft HI Eco Hostel provides a variety of rooms. Every bed includes a small lamp, storage, and a personal electric socket. Some rooms include a desk. Guests have a choice of private or shared bathrooms. Towels are available for rent.

Dining Onsite

The hostel features a cafe and a restaurant. Food pop-ups are available. The bar is popular with tourists and locals, featuring a rooftop terrace. Group meals are available.

Leisure Activities

Loft HI Eco Hostel provides programming, events, karaoke nights, and pub quizzes. Board games are available. Bicycle parking is available.

Prime Reykjavik Location

Located in Reykjavik's city center on the main shopping street. Loft HI Eco Hostel is near the Punk Museum (0.3 km), Harpa Concert Hall (0.5 km), Lake Tjornin (0.5 km), and The Sun Voyager (1 km). The bus stop for excursions is around the corner from the building.

Services & Amenities

Loft HI Eco Hostel offers many services. The hostel includes free luggage storage, security lockers, and a travel desk. Wheelchair accessible rooms are available. FlyBus and Airport Express provide transport to Keflavík Airport (50 km). The closest local bus stop is 'Laekjartorg'. This eco-friendly hostel has earned the Nordic Sustainability Eco-label.

“This place lands you right in the city center, handy for hopping on a bus or exploring on foot. I noticed some past guests found the rooms a bit spartan, but the lounge, complete with books and games, felt like a real social hub. It seems like a solid base if you prioritize location and meeting fellow travelers over pristine facilities.”
Hotel logo
James DavidEditor-in-Chief at Tohotel
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Select your room type

The hotel offers a variety of rooms including double rooms, family rooms, and suites with breakfast, free cancelations, and special deals
Double Room Private Bathroom
2 persons
110 sq. feet 
1 Single Bed or 1 Double Bed
Shower
Heating
Twin Room Private Bathroom
2 persons
110 sq. feet 
2 Single beds
Shower
Heating
Superior Double Room Private Bathroom
2 persons
205 sq. feet 
1 King-size bed
Shower
Heating
Single bed 6-Bed MIXED Dorm Private Bathroom
2 persons
250 sq. feet 
1 Bunk bed
Shower
Heating
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Price and Room Availability Calendar

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Facilities

The hotel offers amenities for your comfortable stay and unforgettable experiences

General

  • No smoking on site
  • Free Wi-Fi
  • VIP check-in/ -out
  • Express check-in/ -out
  • No pets allowed
  • Rooms/ Facilities for disabled
  • 24-hour security
  • Luggage storage
  • Locker room
  • Lift
  • Coffee shop
  • Smoke detectors
  • Fire extinguishers

Guest Parking

  • Shared kitchen

Services

  • Pet amenities available
  • Housekeeping
  • Welcome drink
  • Happy hour

Dining

  • Snack bar
  • Bar/ Lounge area

Children

  • Board games

Spa & Leisure

  • Karaoke
  • Live entertainment
  • Sun terrace
  • Leisure/ TV room

Room features

  • Air conditioning
  • Heating
  • Terrace
  • Garden furniture

Self-catering

  • Shared kitchen

Room decor

  • Carpeted floor
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Location

Bankastraeti 7, Reykjavik, Iceland, 101
Map view
Bankastraeti 7, Reykjavik, Iceland, 101
Nearby
Museum
The Settlement Exhibition
1700 ft
Event hall
Harpa Concert Hall and Conference Centre
2000 ft
Market
Kolaportith
1500 ft
Public Building
Rathhus
1700 ft
Mall
Laugavegur
1400 ft
Tjörnin 101
Lake Tjornin
1600 ft
Museum
Reykjavik Museum of Photography
1800 ft
Museum
The Icelandic Punk Museum
400 ft
Park
Austurvollur Square
1100 ft
Museum
National Museum
1400 ft
Museum
Reykjavik Art Museum Hafnarhus
1700 ft
Public Building
The Parliament House
1200 ft
Public Building
The Culture House
600 ft
Restaurants
101 Reykjavik Street Food
200 ft
Ingolfsstraeti 2
Baejarins Beztu Pylsur
1100 ft
1 Tryggvagata
Tommi's Burger Joint
100 ft
Bankastraeti 5
Eldur and Is
300 ft
Skolavoerdustigur 2
Den Danske Kro
200 ft
Ingolfsstraeti 3
Subway
200 ft
Bankastreati 14
Kigali Kaffi
300 ft
Ingolfsstraeti 8
Nudluskalin
400 ft
Skolavoerdustigur 8
Explore Reykjavik
Local Highlights
Top Attractions
Activities
Dining
Entertainment
Hallgrimskirkja
8 minutes' walk
Iconic church known for its unique architecture and stunning views from the top. Free admission to the church, fees for the tower.
The Sun Voyager
11 minutes' walk
A striking sculpture symbolizing exploration and discovery, located by the waterfront, perfect for photos.
Harpa Concert Hall
8 minutes' walk
A stunning concert venue famous for its glass facade. Holds frequent concerts and events, including free tours of the building.
Kolaportith Flea Market
6 minutes' walk
Reykjavik's largest flea market offering local food, vintage items, and crafts. Best visits on weekends.
Whale Watching
19 minutes' walk
Adventurous boat trips to see whales in their natural habitat. Tours usually depart from the Old Harbour.
Relaxing at Vesturbaejarlaug Pool
20 minutes' walk
A tranquil public swimming pool offering hot tubs and steam rooms, great for relaxation after a day's exploration.
101 Reykjavik Street Food
1 minute' walk
Casual eatery featuring hearty Icelandic street food. Specialties include fish and lamb dishes served in a cozy setting.
Baejarins Beztu Pylsur
4 minutes' walk
Famed hot dog stand known for its classic Icelandic hot dogs topped with a variety of sauces and toppings.
Harpa Concert Hall
8 minutes' walk
A premier venue for concerts with a vibrant atmosphere, featuring jazz nights and orchestral performances regularly.
Kiki Queer Bar
10 minutes' walk
A lively bar with a fun atmosphere, popular for its themed nights and drag shows, welcoming all ages.
Getting around
City Centre
Reykjavik5 min  ·  1400 ft
Airports
Reykjavik Airport (RKV)32 min  ·  1.6 mi
Keflavik International Airport (KEF)77 min  ·  31.7 mi
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Property information and rules
Check-in
from 15:00-23:59
Check-out
until 11 am
Guest Parking
No parking available.
Internet
is available in for free.
Children & extra beds
There are no cots provided in a room. 
Pets
Pets are not allowed.
Languages
English, Spanish, Swedish, Danish, Polish, Greek, Icelandic
Number of floors:
4
Number of rooms:
87
Former name
Loft Hostel
Questions of the users
About Loft - Hi Eco Hostel
What kind of public transport options are available to reach the hostel from Keflavik Airport?
10 December 2024
Flybus provides a shuttle service from Keflavik Airport based on flight arrivals. After approximately 45 minutes, it drops passengers off at Bus Stop 6, conveniently located near the hostel. For late-night arrivals, a call button at the entrance will connect guests with the night guard, who will assist with entry.
Can you tell me about the breakfast offerings at the hostel?
15 January 2025
Loft provides a buffet breakfast featuring a variety of locally sourced and organic items. Typical offerings include vegan croissants, breads, Icelandic butter, cheeses, hummus, organic hard-boiled eggs, fresh fruits, and various beverages such as coffee and juice. Breakfast is served daily from 07:00 to 10:00 for a price of 1,350 ISK.
What options are there for airport transfers from the hostel to Keflavik Airport?
22 March 2024
For airport transfers, guests can choose either Flybus or Airport Express, both of which provide convenient pick-up and drop-off locations close to the hostel.
Does the hostel provide any luggage storage services?
30 April 2024
The hostel offers complimentary same-day luggage storage as well as longer-term storage for a nominal fee.
Is it generally quiet at night in the area surrounding the hostel?
14 May 2024
Due to its central location near Laugavegur, the hostel may experience noise on Friday and Saturday nights, especially since local bars and clubs often remain open until 04:30.
Are bed linens and towels provided during stays?
20 June 2024
The cost of accommodation includes bed linens, while towels can be rented for 500 ISK if needed.
Can I secure my belongings in the hostel dorms?
5 July 2024
Each bed in the shared dorms comes with a designated locker. It's necessary to bring your own padlock, but locks can also be purchased at the reception.
Is there any parking available near the hostel?
27 August 2024
The hostel does not have its own parking, but there are public parking spaces nearby, including an underground parking garage on Hverfisgata, just a street away.
Are there rooms accessible for wheelchair users?
9 September 2024
While the hostel is generally accessible, the bathrooms in double rooms may not meet the needs of wheelchair users due to size constraints. Guests can contact the hostel to explore accommodation options that better suit their needs.
Do you offer female-only dormitory options?
18 October 2024
Yes, there are four six-bed dormitories designated exclusively for female guests.
Can guests book guided tours through the hostel?
1 November 2024
Guided ring tours ranging from 5 to 8 days are available for booking. Interested guests are encouraged to reach out directly for more details and arrangements.

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