Hotel Holt is about an 7 minute walk to the Rainbow Street in Reykjavik. From there you have access to restaurants, shops, museums, etc. The hotel is older and the lobby, bar, lounge areas have a old, posh, distinduished vibe. The room was nice but a bit dated, which I would say about the hotel in general. Nice, clean, convenient location, safe to walk around, friendly staff, but some wear and tear is starting to show. The breakfast was good and the items changed daily with a good selection of local Icelandic options. There are 2 parking lots available for parking; one lot only has 4 spots, but the other has more spaces but is tight and hard to get in and out of at times, but I always got a spot. Overall, enjoyed my stay at Hotel Holt.