Culture
London's Insane Olympics Hotel Rates Now Less Insane
As the Games approach and reality sets in for hoteliers, procrastinating tourists are starting to be rewarded.
If you're thinking about visiting London during the Olympics, the hotels are there, just not necessarily at a price you'd like. But that is starting to change.
Reuters reports that London's July and August hotel bookings are actually down from 2011, suggesting the typical tourist has so far been scared away by the Games. Nearly two-thirds of Southern England's 125,000 hotel rooms are still unbooked over the course of the Summer Olympics, forcing hoteliers to offer more sensible pricing with only a few weeks remaining.