Hotel Reykjavik Saga

The pitched skylights in the top-floor suites are a good argument for upgrading. This four-star hotel sits on one of central Reykjavík's older streets, steps from Lake Tjörnin and the art museum, with 130 rooms finished in warm taupe, dark grid-patterned headboards, and forest green cushions. The in-house restaurant does modern Northern European cooking in Art Deco surroundings, and two rooftop terraces plus a steam-and-sauna spa keep you from spending too much time outside in January.