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Bad but not surprising Olympic Hotel room prices

Luxembourg
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Bad but not surprising Olympic Hotel room prices

The BBC have reported that hotel rooms are double of last year because of the Olyplics.

http://www.bbc.co.uk/news/business-17347107

The article mentions August but from my experiences in the past this will effect London before and for a few months after the games take place.

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London, United...
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1. Re: Bad but not surprising Olympic Hotel room prices

Unfortunately you are correct. Hotels are keeping the high rates for pre and post Olympics (also in between the Olympics and Para). This is deterring not only tourism outside of the Olympic periods but also corporate business.

Try booking outside for London for more reasonable breaks in the UK. Places like Cambridge are fantastic locations, with just a 30 minute train ride into London. Or Windsor...

London, United...
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2. Re: Bad but not surprising Olympic Hotel room prices

It s a shame as non Olympic related tourism is likely to collapse over summer because of this blatant greed from the hotels.

Hitchin, United...
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3. Re: Bad but not surprising Olympic Hotel room prices

Take London out of the equation though and it's a marvellous time to be on holiday in the UK for the customer, wherever you're from. Rental owners all over the UK have seen a downturn in bookings as everyone based here heads off overseas to escape, and all the incoming overseas visitors are heading straight for London to moan about how expensive everything is.

Meanwhile you can get yourself a cosy 2 bedroomed cottage in say, coastal Pembrokeshire, or the Highlands of Scotland for a week at less than the price of 1 or 2 nights in a London hotel. There's some good value out there this summer.

Alberta
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4. Re: Bad but not surprising Olympic Hotel room prices

The excessive high cost of our hotel room during the Olympics, means that we will only be in London for a few days. We are travelling elsewhere in the UK and Europe. I am unlikely to return to London or use this worldwide hotel chain in the future.

Hitchin, United...
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5. Re: Bad but not surprising Olympic Hotel room prices

I can understand boycotting a hotel company (just) but boycotting a city is something I find odd, surely it's not the city's fault. What made you decide to come to London during the Olympics by the way, are you here to see some of the events?

Canada
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6. Re: Bad but not surprising Olympic Hotel room prices

Thankfully, most universities haven't jacked up their rates. At most, I'm paying 10 pounds per night more for two than I did on my last stay (3 years ago). It'll be interesting to see if the hotels do eventually sell out, or if they have to drop rates.

Saratoga Springs, NY
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7. Re: Bad but not surprising Olympic Hotel room prices

I don't think the prices are that bad. I have a room for a week between the Olympics and the Paraolympics and our price is significantly less than the same hotel chain in NYC for the same time (about $140 less per night for a comparable room). I don't know how many Americans will be deterred by the prices in London.

Springfield...
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8. Re: Bad but not surprising Olympic Hotel room prices

We are planning a trip to London August 2013. I've been watching prices to see what we can expect to spend. A decent hotel in an ideal location seems to be, best rate I can find, around 175 or 185 pounds. Is this normal or to be considered double??

Thanks... this would make a difference in how many nights we plan to stay and flights will be purchased before the hotel is....

Stafford
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9. Re: Bad but not surprising Olympic Hotel room prices

That's about the standard price for the centre, yes. It's possible to get rooms cheaper by taking advantage of deals (either direct or via reseller) or by staying outside of the centre. I'm staying in the Ramada Encore London West this weekend for £78 including breakfast. It's at North Acton, so about 15 minutes from Oxford Street on the Central (red) tube line. Many hotels around this area (Wembly) or across on the other side of the city (Canary Warf, Docklands, the O2) are far cheaper than those in the centre.

Dublin
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10. Re: Bad but not surprising Olympic Hotel room prices

I'm bemused by cdar's post.. What was he expecting in terms of hotel prices over the course of the Olympics? That they would remain at the exact price as is normal for that time of the year?

Hotel prices are a reflection of the marketplace in operation. If there are enough consumers out there willing to pay high prices for London accommodation during the Olympics, then of course hotel prices will rise appreciably. It's all about supply and demand.