The village is the main commercial and government centre for the whole municipality. The village is a tourist destination with a quay for summertime cruise ships that sail along the fjord. The Hardangervidda plateau and the Hardangerjøkulen glacier are both located nearby. The Måbødalen valley and the famous Vøringfossen waterfall are a short distance away. This is why Eidfjord is home to many hotels, guest houses, and camp sites, as well as souvenir shops. The only school in the municipality, Lægreid School, is located here too.