Icelandair Hotels Gallery

Icelandair Hotels Group was established in 1998 and is owned solely by Icelandair Group. Icelandair Group is a holding company, with 12 independent subsidiaries, focused on the airline and tourism sectors. The largest subsidiary is the international airline Icelandair, which accounts for approximately 50% of the Group's turnover. This is followed by Loftleidir Icelandic and Bluebird Cargo. Other companies within the group are Icelandair Cargo, Icelandair Ground Services, Icelandair Technical Services, Air Iceland, Icelandair Hotels, Iceland Travel and Icelandair Shared Services (Fjarvakur). The Group employs about 2,500 people and was listed on the Icelandic Stock Exchange in 2006. Björgolfur Johannsson is CEO of both Icelandair Group and Icelandair and he manages the Group and its subsidiaries with support from experienced executives. Icelandair Hotels is a chain of three- and four-star hotels. The other hotel chain is Hotel Edda, with two- and three-star facilities. The star rating given is in accordance with the Scandinavian Classification System. The largest hotel of the Icelandair Hotels chain is in Reykjavik and is Hotel Loftleidir, a four-star hotel with 220 rooms. Five other hotels belonging to this chain are in the towns and countryside throughout Iceland. They each have between 21 and 60 rooms and are rated as three- or four-star. They are considered to provide the best accommodation outside Reykjavik and all have facilities for meetings and conferences. All the hotels are operated by Icelandair Hotels Group, apart from the five hotels outside Reykjavik, which are run according to a franchise agreement allowing them to use the trademark of Icelandair Hotels. Icelandair Hotels are: Hotel Loftleidir, Flughotel, Hotel Fludir, Hotel Klaustur, Hotel Herad and Hotel Hamar. The 13 hotels of the Hotel Edda chain are located around the country and are open only during the summer. Most are run in student quarters and lodging areas of schools and each have between 20 and 204 rooms, with varying amenities. The star rating is from two (Hotel Edda) to three (Hotel Edda PLUS) and the chain is highly regarded in Iceland.