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Best Hotels in Mývatn, the Diamond Circle & East Iceland 2026: Every Bookable Stay from the Geothermal North to the Glacier Lagoon

7 July 202616 min readBy JetMeAway Scout
Best Hotels in Mývatn, the Diamond Circle & East Iceland 2026: Every Bookable Stay from the Geothermal North to the Glacier Lagoon

The volcanic north-east and the fjords of East Iceland are where the Ring Road earns its reputation. Base yourself at Lake Mývatn — a geothermal wonderland of steaming ground, lava fields and a milky-blue nature lagoon — and the entire Diamond Circle opens up: thundering Dettifoss, the horseshoe canyon of Ásbyrgi, and the "waterfall of the gods" at Goðafoss. Push on and you reach the green calm of Egilsstaðir and the Eastfjords, then Höfn, the gateway to the Jökulsárlón glacier lagoon. This is the emptiest, most spectacular corner of Iceland — and it has only a handful of hotels.

That is the honest headline of this guide: across Mývatn, Egilsstaðir and Höfn combined, our partner lists just 6 bookable hotels. There are no luxury resorts and no big-brand towers out here — the region is too remote for that. What there is instead is a small, well-run set of 3-star hotels that put you within minutes of the geothermal baths, the waterfalls and the aurora. We've listed every single one below, with live prices and honest notes on who each suits.

If you're planning a full Ring Road loop, this leg pairs naturally with the buzzier north around Akureyri and the south-coast sights near South Iceland. Every hotel name links straight to its live page — real-time rates, all taxes shown, a date picker for your trip. No markups, no booking fees.

Jump to a hotel: Boutique & Mid-Range Hotels · FAQs

Compare live Mývatn hotel prices · UK flights to Keflavík (KEF)

At a glance — every bookable hotel in the region, before the full reviews:

HotelAreaBest ForFrom / night
Mývatn - Berjaya Iceland HotelsMývatnLakeside base, most reviewed~£311
Hótel LaxáMývatnModern rooms, quiet setting~£347
Fosshotel MývatnMývatnDesign-led, near the baths~£332
Fosshotel MyvatnMývatnAlternate Fosshotel listing~£357
Hotel HallormsstadurEgilsstaðirEastfjords & forest~£316
Hotel HöfnHöfnGlacier-lagoon gateway~£513

Boutique & Mid-Range Hotels in Mývatn & East Iceland

There is no separate luxury or budget tier out here — the region's entire hotel supply sits in one honest mid-range band of comfortable 3-star properties. Four cluster around Lake Mývatn for the Diamond Circle, one anchors Egilsstaðir and the Eastfjords, and one sits in Höfn for the glacier lagoon. These are numbered continuously below.

Around Lake Mývatn

The lake and its village, Reykjahlíð, are the strategic base for the whole north-east — minutes from the Mývatn Nature Baths, the Hverir mud pots, Krafla and the Grjótagjá cave, and within easy reach of Goðafoss, Dettifoss and Ásbyrgi.

Mývatn - Berjaya Iceland Hotels — Mývatn, Iceland

1. Mývatn - Berjaya Iceland Hotels — Mývatn · 3★ · 2,633 reviews · from ~£311/night. The most-reviewed hotel on the lake and, for most visitors, the default Mývatn base — a large, reliable property in Reykjahlíð with its own restaurant, right where you want to be for the geothermal baths and the Diamond Circle. With more than 2,600 reviews behind it, it's the safe, proven choice for a first stay in the region. For: first-timers who want the best-known, most-booked address on the lake.

Hótel Laxá — Mývatn, Iceland

2. Hótel Laxá — Mývatn · 3★ · 2,178 reviews · from ~£347/night. A modern, low-slung hotel set slightly apart from the village on the lake's south side, prized for its clean contemporary rooms and big panoramic windows onto the lava landscape — a genuine asset on an aurora night. The quieter, more design-conscious alternative to the busier Reykjahlíð hotels, with a restaurant of its own for the nights when driving out isn't an option. For: couples and photographers who want calm, modern rooms and a view.

Fosshotel Mývatn — Mývatn, Iceland

3. Fosshotel Mývatn — Mývatn · 3★ · 1,685 reviews · from ~£332/night. Part of Iceland's respected Fosshotel chain, this is the most design-led stay on the lake — a striking modern build using local stone and timber, positioned for quick access to the Nature Baths and Hverir. It pairs the polish of a national brand with a genuinely dramatic setting, and its restaurant is one of the better dinner options in an area short of them. For: travellers who want contemporary style and dependable chain standards at the lake.

Fosshotel Myvatn — Mývatn, Iceland

4. Fosshotel Myvatn — Mývatn · 3★ · 179 reviews · from ~£357/night. A second listing for the Fosshotel at Mývatn, carried separately by our partner with its own live rate and availability — worth checking alongside entry 3, as the two can differ on price and open dates for the same excellent lakeside property. If the main Fosshotel listing is sold out for your nights, this alternate listing sometimes has the room you need. For: anyone comparing every rate to lock in a Fosshotel stay on their exact dates.

East Iceland — Egilsstaðir & the Eastfjords

Push east from Mývatn and the landscape softens into fjords, forest and Iceland's largest lake, Lagarfljót. Egilsstaðir is the regional hub and the springboard to Seyðisfjörður, Hengifoss and the puffin cliffs of Borgarfjörður eystri.

Hotel Hallormsstadur — Egilsstaðir, Iceland

5. Hotel Hallormsstadur — Egilsstaðir · 3★ · 111 reviews · from ~£316/night. Set at Hallormsstaður, on the shore of Lagarfljót lake inside Iceland's largest forest just south of Egilsstaðir, this is the calm, green counterpoint to Mývatn's raw volcanics — a peaceful East Iceland base for the Eastfjords, Hengifoss and the quiet fjord drives most visitors miss. It's a modest, honest country hotel in a genuinely lovely setting, ideal for breaking the long Ring Road stretch between the north-east and the south. For: Ring Road travellers wanting an overnight in the tranquil, wooded heart of East Iceland.

Höfn — Gateway to the Glacier Lagoon

Four hours south of Egilsstaðir along the east coast, Höfn is the fishing-town base for Jökulsárlón, Diamond Beach and the Vatnajökull glacier tongues — the natural overnight between East Iceland and the south coast.

Hotel Höfn — Höfn, Iceland

6. Hotel Höfn — Höfn · 3★ · 2,505 reviews · from ~£513/night. A well-established, heavily-reviewed town-centre hotel in Höfn — the langoustine capital of Iceland — and the obvious base for a day at the Jökulsárlón glacier lagoon and Diamond Beach an hour to the west. With over 2,500 reviews it's the region's proven glacier-gateway stay, complete with its own restaurant for the celebrated local langoustine after a day on the ice. It's the priciest hotel in this guide, reflecting Höfn's role as a must-book stop on the south-east loop, so lock in your dates early. For: Ring Road travellers overnighting to reach the glacier lagoon and Vatnajökull.

Explore more of Iceland

Planning a full loop of the island? This north-east-and-east leg slots between the two busiest hubs on the Ring Road. To the west, Akureyri is the "capital of the north" and the closest big base to Mývatn, while the country's main gateway and nightlife are covered in our Reykjavík hotels guide.

Continuing south and west from Höfn, our South Iceland guide covers the black-sand beaches, Vík and the Golden Circle overspill, and the West Iceland guide rounds out the Snæfellsnes peninsula and the road back to Keflavík. Stitch all five together and you've got the whole Ring Road, hotel by hotel.

Mývatn & East Iceland Hotels FAQs

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