We did not book this hotel directly; we were put up here when the hotel we booked was full.
I understand that this hotel is normally a hall of residence for the near-by university but offers accommodation to tourists in the summer.
Our room was clean but basic. The toiletries were in plastic pouches. Our "double room" had two single beds, which is not mentioned on the hotel's website.
The breakfast buffet was average. The juice was so watery it was nearly undrinkable, but the ability to toast your own bread was appreciated.
The prices on the hotel's website seem a bit high for what is basically one step up from a youth hostel, but Iceland is expensive and this hotel is not bad for a basic hotel.
The location is good. Even though it seems to be on a large road, our road-facing room was extremely quiet. It is a bit of a walk to the city centre (15-20 minutes) but has lovely views of the beach. It is also walking distance to the domestic airport.