Reykjavík has loads of accommodation choices, with hostels, midrange gistiheimili (guesthouses) and simple business-class hotels galore, but top-end boutique hotels and apartments seem to be opening daily. June through August accommodation books out entirely; reservations are essential. Everything is priced like any major European capital: high. Plan for hostels and camping if you’re looking to save. Short-term apartment rentals are often the best value. Most places open year-round and many offer discounts or variable pricing online, especially from October to April.