Let KAYAK do the searching
Based on KAYAK hotel searches, the most popular destination is Hofn (40% of total searches to East). The next most popular destinations are Egilsstaðir (30%) and Fagurholsmyri (16%). Searches for hotels in Vopnafjordur (14%) are also popular.
KAYAK users have found double rooms in East for as cheap as $161 (Egilsstaðir) in the last 3 days. The average price is $360.