The facilities at Valaskjálf Hotel is equally suitable for concerts and musical events. On a regular basis Valaskjálf orchestrate performances with different bands.

The JEA (Jazzfestival in Egilsstaðir), held at Valaskjaálf has been an annual event in east Iceland since 1988 and that makes JEA the oldest jazz festival in Iceland. Trough out the years many great artists has visited it.

Some of the artists that have played at JEA are Larry Carlton, James Carter, Beady Belle, Finn Ziegler, Svend Asmundsen as well as all the great Icelandic musicians.