There are two locations in town. ML is supposedly the less glamorous. I thought it was great though. Our group was two couples, and we ended up getting the entire floor to ourselves though it was peak travel season (a tour bus occupied the floor under ours, but the hotel was kind enough not to book any of those travelers on our floor). Though it was a bit spartan, the hotel was clean. Being a dorm, there were plenty of showers and toilets to go around. Breakfast is provided at a cost. Edda hotels are scattered all over Iceland, though prices differ. This one was reasonable, but others were a bit more expensive. If you book 5 nights with them, you get a night free. The reservation number shoots you straight to voicemail in the late evenings, so make your plans early enough.
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