Book on our site
Up to 10% cheaper
than Booking.com
Check rooms and rates
From42US$ /night
Check-in
09Jan2026Select date
Check-out
10Jan2026Select date
Rooms and Guests2 Guests, 1 Room
Key details

About the Hotel

Bankastraeti 7, Reykjavik, Iceland, 101
-
Close to the city center
Great
8.4
/10
4.4
4.4
/5

Sustainability Focus

Loft - Hi Eco Hostel emphasizes sustainable travel practices, holding the Nordic Swan Ecolabel for its commitment to environmental stewardship. The hotel promotes responsible tourism by educating guests on sustainability and providing opportunities to minimize their ecological footprint. Carbon offset programs are in place, with contributions going towards Iceland's reforestation efforts through tree planting initiatives.

Central Location

Located on Reykjavik's main shopping street, Loft offers easy access to key city attractions within minutes of walking. Visitors can explore local landmarks such as Hallgrímskirkja Church, Harpa Concert Hall, and various museums just around the corner. The bus stop for excursions to other Icelandic destinations is also conveniently nearby.

Social Hub

The hostel serves as a social hub with shared spaces designed for interaction, including a rooftop terrace and popular bar. Guests can enjoy events like live music, karaoke nights, and quizzes, creating opportunities to connect with fellow travelers. The vibrant atmosphere fosters a sense of community among both tourists and locals.

Room Options

Accommodations at Loft include a variety of shared and private rooms to cater to different traveler preferences. The hostel offers both dormitory-style arrangements and private rooms, accommodating groups and individual travelers. Children over 12 years can stay in shared dorms with guardians, making it accessible for families.

Community Engagement

Loft - Hi Eco Hostel actively engages with the local community and promotes cultural exchange through events and initiatives. The facility frequently collaborates with local vendors to provide guests a taste of Icelandic cuisine in an affordable manner. This approach supports local businesses while also enhancing the visitor experience.

Highlights

Location: Reykjavik's main shopping street, close to attractions

Sustainability: Nordic Swan Ecolabel and carbon offset programs

Entertainment: Rooftop terrace, bar, and live events

Accommodation: Variety of shared and private room options

Community: Engagement with local vendors and cultural initiatives

Must-do experiences

  • Savor traditional lamb soup at Café Loki for a local delight.
  • Visit the vibrant Kolaportid flea market for unique souvenirs.
  • Explore the stunning Harpa Concert Hall for a cultural gem.
  • Enjoy the sun at Tjörnin pond, watch ducks and swans glide.
  • Experience a sauna at Vesturbæjarlaug for relaxation like a local.
View all

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
10 m² 
1 Single Bed or 1 Double Bed
Shower
Heating
Twin Room Private Bathroom
2 persons
10 m² 
2 Single beds
Shower
Heating
Superior Double Room Private Bathroom
2 persons
19 m² 
1 King-size bed
Shower
Heating
Single bed 6-Bed MIXED Dorm Private Bathroom
2 persons
23 m² 
1 Bunk bed
Shower
Heating
Click button to see more rooms
Show all rooms
Show all roomsLess

Price and Room Availability Calendar

Check availability and prices for your dates now!

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
Show more

Location

Bankastraeti 7, Reykjavik, Iceland, 101
Map view
Bankastraeti 7, Reykjavik, Iceland, 101
Nearby
Museum
The Settlement Exhibition
490 m
Event hall
Harpa Concert Hall and Conference Centre
590 m
Market
Kolaportith
440 m
Public Building
Rathhus
500 m
Mall
Laugavegur
410 m
Tjörnin 101
Lake Tjornin
480 m
Museum
Reykjavik Museum of Photography
540 m
Museum
The Icelandic Punk Museum
100 m
Park
Austurvollur Square
330 m
Museum
National Museum
410 m
Museum
Reykjavik Art Museum Hafnarhus
490 m
Public Building
The Parliament House
360 m
Public Building
The Culture House
180 m
Restaurants
101 Reykjavik Street Food
50 m
Ingolfsstraeti 2
Baejarins Beztu Pylsur
330 m
1 Tryggvagata
Tommi's Burger Joint
30 m
Bankastraeti 5
Eldur and Is
80 m
Skolavoerdustigur 2
Den Danske Kro
50 m
Ingolfsstraeti 3
Subway
50 m
Bankastreati 14
Kigali Kaffi
70 m
Ingolfsstraeti 8
Nudluskalin
120 m
Skolavoerdustigur 8
Explore Reykjavik
Local Experiences
Top Attractions
Activities
Dining
Entertainment
Hallgrimskirkja
Hallgrimskirkja
8 minutes' walk
Iconic church with stunning architecture and panoramic views from the tower, worth visiting for its unique design.
Harpa Concert Hall and Conference Centre
Harpa Concert Hall and Conference Centre
8 minutes' walk
A modern architectural marvel hosting concerts and events, offers guided tours and stunning harbor views.
The Sun Voyager
The Sun Voyager
11 minutes' walk
Famous sculpture symbolizing exploration. Perfect for photos, especially at sunset with the surrounding landscape.
The Settlement Exhibition
The Settlement Exhibition
6 minutes' walk
A fascinating glimpse into Iceland's Viking history, featuring interactive exhibits and archaeological finds.
Whale Watching Tours
10 minutes' walk
Exciting tours departing from the nearby harbor, offering a chance to see majestic whales; book in advance for availability.
Laugardalslaug Swimming Pool
20 minutes' walk
Relaxing outdoor thermal pool complex featuring steam rooms and hot tubs, great for winding down after a day out.
101 Reykjavik Street Food
101 Reykjavik Street Food
1 minute' walk
Casual eatery offering Icelandic street food classics, featuring a cozy atmosphere with freshly made soup and seafood.
Tommi's Burger Joint
Tommi's Burger Joint
1 minute' walk
Popular burger spot known for its delicious, juicy burgers and casual vibe; vegetarian options available.
Harpa Concert Hall
8 minutes' walk
Vibrant cultural venue hosting concerts and performances; check the schedule for exciting shows and events.
Kolaportith Flea Market
6 minutes' walk
Lively weekend market featuring local crafts, foods, and vintage finds; perfect for family-friendly outings.
Getting around
City Centre
Reykjavik5 min  ·  400 m
Airports
Reykjavik Airport (RKV)32 min  ·  2.6 km
Keflavik International Airport (KEF)77 min  ·  51.0 km
Want to see Exclusive Early Booking Rate?
Get exlusive rates right now!
Check Rates
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
FAQs
About Loft - Hi Eco Hostel
What is the check-in and check-out policy at Loft - Hi Eco Hostel?
Check-in is at 15:00 and check-out is at 11:00.
How far is Loft - Hi Eco Hostel from the city center of Reykjavik?
The hostel is located 0.5 km from the city center.
Which popular attractions are close to Loft - Hi Eco Hostel?
Nearby attractions include Hallgrímskirkja Church (1 km) and Harpa Concert Hall (0.5 km).
What amenities are available at Loft - Hi Eco Hostel?
Popular amenities include free Wi-Fi, a bar/lounge area, and a rooftop terrace with city views.
What type of rooms does Loft - Hi Eco Hostel offer?
The hostel offers private rooms with ensuite bathrooms or dormitory accommodations with shared bathrooms.
What dining options are nearby Loft - Hi Eco Hostel?
Nearby dining options include Primo Ristorante, Grillmarkadurinn, and 101 Reykjavik Street Food, all within 0.5 km.
What entertainment options are available at Loft - Hi Eco Hostel?
The hostel features karaoke, live music performances, and movie nights.
Does Loft - Hi Eco Hostel have a shared kitchen?
Yes, the hostel includes a shared kitchen for guest use.
Is Loft - Hi Eco Hostel accessible for guests with disabilities?
The hostel is certified as a fully accessible building.
What payment methods are accepted at Loft - Hi Eco Hostel?
Accepted payment methods include American Express, Visa, Dart, JCB, Maestro, and MasterCard.

Next best alternative

Consider them for your next trip.
Check-in
09Jan2026Select date
Check-out
10Jan2026Select date
Rooms and Guests2 Guests, 1 Room
Need more options?
Check Top hotels near Loft - Hi Eco Hostel
Thingholt Hotel Apartments From Center Hotels Reykjavik Macro Details photo
Mobile-only price

Thingholt Hotel Apartments From Center Hotels Reykjavik

8.7
Great1459 reviews
38m from property
USD 168USD 151
per night
Ice Apartments By Heimaleiga Reykjavik Macro Details photo
Mobile-only price

Ice Apartments By Heimaleiga Reykjavik

8.7
Great291 reviews
56m from property
USD 293USD 263
per night
Thingholt By Center Hotels Reykjavik Exterior photo
Mobile-only price

Thingholt By Center Hotels Reykjavik

8.4
Great1336 reviews
56m from property
USD 146USD 131
per night