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Iceland
Iceland, with its volcanoes, geysers, and thermal pools awash in striking blondes, has a dramatic landscape. Even more dramatic has been its dizzying fall from the economic heights. Not a year ago, Icelanders were buying up the world on credit and becoming very rich in the process. Now, in an interesting study in humility, many are simply looking for work. For visitors, however, a tanked economy—the local currency has lost nearly half its value against the dollar—means that Iceland is once more affordable. The Hótel Frón is a contemporary Nordic-style hotel in Reykjavik with spacious rooms and kitchenettes that go for $148 in high season; it's located on the city's main shopping street, which means that to avoid traffic noise you'll want a room at the back. Also conveniently located is tiny Apartment K, with a designer look and all the expected high-tech amenities; doubles start at $190 in high season. If you are planning to continue to Europe, a deal worth looking into is Icelandair's free stopover program. Book a round-trip flight from Boston to Copenhagen, say, and there's no extra cost for a stop in Reykjavik.
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