I guess I really didn't know what a 'Guesthouse' was in the Icelandic sense. This is a hostel where you can get your own room. I had a single room. It had no TV, no temperature control, no adequate bedding, with the wind howling it is not quiet, etc. It was clean and since I was only there 2 nights, it was adequate, nothing more. No one is at the desk the vast majority of the time. The location is good. Perhaps by Icelandic Guesthouse standards this is fine but by most others I would say it is not.