Tasiilaq, Greenland (Courtesy East Greenland Tourism) [enlarge photo]

When Depart Tuesdays Jan. 6–Mar. 31, 2009.

Blue Lagoon, Reykjavík, Iceland (Jon Arnold/JAI/Corbis) [enlarge photo]

The Fine Print Breakfast daily, round-trip airport-hotel transfers, round-trip local flights between Reykjavík and Kulusuk, all hotel and airport taxes, and fuel surcharges are included. International airfare to Iceland is not included. Based on double occupancy; single supplement is $290. Read these guidelines before you book any Real Deal.

Book By No deadline; based on availability. Must book at least two weeks prior to departure.

Contact Iceland Experience, 866/949-0129, iceland-experience.com.

Why It's a Deal The $1,149 per person rate breaks down to about $192 a night and includes accommodations, breakfast daily, round-trip airport-hotel transfers, a round-trip flight between Reykjavík and Kulusuk, taxes, and fuel surcharges. What's more, as the currency (the Icelandic krona) continues to depreciate, so does the package price—this package is more than $300 cheaper than it was last week.

Trip Details The Winter Madness package includes six nights' accommodations divided between Reykjavík, Iceland, and Kulusuk, Greenland, plus a round-trip flight between the two cities on an Air Iceland carrier. Transfers between the airports and hotels are also covered in the rate.

Upon your arrival at Keflavík International Airport in Iceland, you'll be transferred to the Hotel Frón in Reykjavík via Flybus. You can choose to upgrade to one of these hotels, based on availability, for a slightly higher cost: Hotel Björk, Fosshótel Lind, Hotel Skjaldbreid, CenterHotel Klöpp, or Icelandair Hotel Loftleidir.

After a night in Reykjavík, catch a two-hour flight to Kulusuk, Greenland. The 34-room Hotel Kulusuk will be your base for three nights.

This coastal area is hidden behind impenetrable ice for much of the year, and you're unlikely to run into many other tourists as you explore the small town. A guided walking tour is available at an additional cost, as is a dogsledding excursion (as long as weather and ice conditions cooperate!).

You could also add on a helicopter ride to Tasiilaq, a big town by local standards—about 1,700 residents—in a fjord and surrounded by dramatic peaks. The excursion includes an overnight stay at Hotel Angmagssalik and costs about an additional $640 per person.

Fly back to Reykjavík for the final two nights of the package trip. You're free to explore the nightlife-loving capital of Iceland on your own or tack on a guided sightseeing tour. Just be prepared for chilly weather and dark days.