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Apartment Hotel in Reykjavík Ceases Operations Due to New Laws

Summary by Vísir
The operations manager of a company that services aparthotels and homestay apartments believes that the operations of many aparthotels are at risk with the introduction of a legislative change that restricts short-term rentals. Tenants' associations welcome the changes, but the operations manager believes that too much has been made of the impact they may have on the housing market.
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The operations manager of a company that services aparthotels and homestay apartments believes that the operations of many aparthotels are at risk with the introduction of a legislative change that restricts short-term rentals. Tenants' associations welcome the changes, but the operations manager believes that too much has been made of the impact they may have on the housing market.

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Vísir broke the news in on Sunday, March 22, 2026.
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