As the clock counts down to the London Olympics, the tourism industry is looking forward to a bumper summer. It is the world’s greatest sporting event, but it is already looking like the toughest competition will be finding somewhere to stay.
Hotels in central London are filling up and rooms rates are soaring.
Gareth Banner, General Manager of the Hempel Hotel, said: I think hotel prices have increased but I don’t think it is entirely attributable to the games. There has been some press around profiteering, which I don’t think is all that (it) has been portrayed (as) in the press so far. A lot of the hotels have signed up to an allocation of rooms with the LOCOG (London Organising Committee of the Olympic Games and Paralympic Games), had a contracted price several years ago and will be honouring that.”
However, a survey by a leading tourism website found that in some cases hotel prices had doubled.
David Roche, head of hotels.com said: “In central London hotel prices have already gone up year-on-year more than 100 percent. There is very, very little availability left in central London. My advice to the consumers would be, if you’re going to book for the Olympics, book now, don’t delay. Also think about booking farther into west London where the prices are not so high.”
With hotel space at a premium and room prices hitting record heights, Olympic gold may soon come to mean what you have to pay to get a bed for the night.
By Ali May, London CorrespondentMore about:
- 1Chomsky says US is world’s biggest terrorist
- 2US Navy deploys two more warships near Yemen as conflict escalates
- 3Chernobyl Children: what makes Ukrainians born in 1986 different?
- 4Fire and brimstone show EU deal is close, Varoufakis tells euronews
- 5Ethiopia: Clashes at rally to mourn Christians killed by ISIL in Libya
- 1Chomsky says US is world’s biggest terrorist | euronews, the global conversation
- 2euronews live TV - News | euronews : the latest international news as video on demand
- 3Chomsky – a rebel with a cause | euronews, world news
- 4Anti-ISIL demonstrations turn violent in Ethiopia | euronews, no comment
- 5The migrants tragedy in the Mediterranean sparks creative satirical response | euronews, world news
- 6Europe is ‘bluffing’ over Greece-Russia relations – analyst | euronews, news
- 7Woman carries can of water on her head along Paris marathon | euronews, world news
- 8Former IMF chief ‘under investigation for money laundering’ | euronews, world news
- 9Pope Francis washes Rome prisoners’ feet on Holy Thursday | euronews, world news
- 10ECB chief Mario Draghi unhurt after protest during speech | euronews, world news
- 11International news | euronews, latest international news
- 12Portuguese researchers discover the secret of Mind Control | euronews, futuris
- 13Indonesia executes five foreigners despite protest | euronews, world news
- 14International tv news | euronews: European and International tv news bulletin
- 15Chernobyl Children: what makes Ukrainians born in 1986 different? | euronews, world news
- 16eurovibes - a selection of Europe’s best music talent
- 17Energy-generating clothes and smart lights join the Internet of Things | euronews, hi-tech
- 18Fighting Boko Haram: Chad aims to ‘destroy’ militant group | euronews, world news
- 19International breaking news | euronews online world breaking news in video
- 20World news video | euronews the latest world news online | breaking world news video
Wires > News
- 13:40 CET Baltimore smolders after riot over black man’s police – custody…
- 13:34 CET Houthis and tribesmen battle in central Yemen, at least 15 dead
- 13:32 CET Sweden’s Supreme Court says will hear Assange appeal over arrest…
- 13:21 CET Tsipras presses for May debt deal, says referendum possible
- 12:54 CET Immigrants slow population decline in Germany – statistics office
- 12:53 CET India cancels licences of nearly 9,000 charities over foreign funds
- 12:45 CET Islamic State has killed over 2,000 off battlefield since June -…
- 12:43 CET China ‘extremely concerned’ by ASEAN statement on disputed sea