This is the 797th most frequent Icelandic word.
akureyrarbæjar
"Akureyrarbæjar" means "of the town of Akureyri" in English.
Here, 'Akureyrarbæjar' is used in the genitive case to indicate the beauty belonging to Akureyri.
Ferðamaðurinn var mjög hrifinn af fegurð Akureyrarbæjar.
The tourist was very impressed by the beauty of the town of Akureyri.
In this sentence, 'Akureyrarbæjar' is used to denote possession, specifically the history associated with the town.
Saga Akureyrarbæjar er bæði áhugaverð og rík af menningu.
The history of the town of Akureyri is both interesting and rich in culture.
Here, 'Akureyrarbæjar' displays a possessive relationship, referring to the residents belonging to Akureyri.