Iceland's economy collapsed in 2008, and since then it's done an excellent job of rolling out the deals to entice travelers. Not only is the U.S. dollar worth more in this once prohibitively expensive destination, but Iceland's deals are bundling the perks for added value. For example, Icelandair recently announced a November package from $469 per person, which includes round-trip airfare from New York or Boston, two nights at a three-star hotel in Reykjavik and Scandinavian-style breakfast for two. Other Icelandair deals include spa getaways, nature adventures and Northern Lights packages.

Another tip: The Visit Reykjavik Welcome Card offers discounts to major attractions, thermal pools, restaurants and shops, starting from about $11.

And, best of all, Iceland is closer than you think! It's only about a five-hour flight from the East Coast, and Icelandair serves airports in Boston, New York's JFK airport, Minneapolis/St. Paul, Orlando's Sanford airport and Seattle. To read the whole story on Oprah.com click here.