updated 7/7/2010 9:05:59 AM ET 2010-07-07T13:05:59

The Real Deal: Three nights at the Hilton Reykjavík Nordica (Sept. 1–15, Oct. 1–15) or Icelandair Hotel Loftleidir (Sept. 16–30); a three-hour Reykjavík city tour; an excursion to the Blue Lagoon; a Golden Circle tour to Þingvellir National Park, the Mid-Atlantic Ridge (where the North American and Eurasian tectonic plates meet), the Gullfoss waterfall, and the Geysir hot springs; hotel taxes and fees; and fuel surcharges; from $649 per person—plus about $78 in airport taxes and fees.

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When: Oct. 1–15, 2010; add $30 for Sept. 16–30; $86 for Sept. 1–15.

Gateways: Boston, Minneapolis, New York City, Seattle, Toronto.

The fine print: Airport taxes and fees cost approximately $78 extra per person. Based on double occupancy; the single supplement is from $80. Read these guidelines before you book any Real Deal.

Book by: July 15, 2010.

Contact: Icelandair, 800/223-5500, icelandair.us.

Why it's a deal: In a recent Kayak search, we found a $498 round-trip flight between New York City and Reykjavík in early October (Icelandair). For $229 more, this package covers the airfare, plus three nights' accommodations, a city tour, an excursion to the Blue Lagoon, a Golden Circle tour, and all taxes and fees.

More: Extend your stay at the Hilton for an additional $109 per person per night or at the Loftleidir for an additional $75 per person per night, based on double occupancy.

Copyright © 2012 Newsweek Budget Travel, Inc.

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