Hotel Rates in London Drop Sharply for Olympics, Survey Shows

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A recent survey from Cheaphotels.org examined the current hotel situation in London for the Olympics.

Budget travelers who had written off a visit to the London Olympics due to the high cost of accommodations there might be able to see the Games in person after all. Less than two weeks until the opening ceremonies, hotel rates are dropping significantly in the British capital, according to a Cheaphotels.org survey.

Compared to January, hotel rates for the Olympics have dropped, on average, by 36%. While at that time virtually no room in central London was available for less than £200 per night, travelers might now snag a room for less than £100 even.

Olympic-area hotel prices, however, are largely dependent on the neighborhood. In London’s city proper, or in the wealthy Mayfair and Knightsbridge districts, Olympic goers will have to pay above £200 for the cheapest available three-star hotel. Conversely, in Bayswater, St. Pancras or Earls Court, they will find rooms for around £100.

And the even better news for budget-minded Olympic fans is that prices might drop even further, as Barbara Adams from Cheaphotels.org reflects. “With still almost 70% of central London hotels offering available rooms for the 17 days of the Olympics, some hotel owners are expected to introduce last-minute deals in an effort to fill their establishments. When all is said and done, average rates in London might end up being even lower than they were for the same period last year.”

For the full results of the survey, visit: http://www.cheaphotels.org/press/olympics-london.html

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Barbara Adams
Cheaphotels.org
02132112310
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