I just read an article reporting that there is a home for rent in London during the Olympics for a record 433,000 pounds ($678,400) per month. (Link to article.) Sounds like a great place but the price is bollocks.
I asked our client Gavin Pereira, Managing Director at Check-in-London.com – what he is seeing at the source. According to Gavin…
"The Olympics 2012 will put London in the spotlight this summer and bring with it a huge influx of people who will require accommodation across the Capital while they are participating, supporting or coming to watch the highly anticipated games.
After its successful bid in 2005, the city has been gearing itself for the expected surge in visitors by increasing its infrastructure and undertaking new projects for constructing sports centres and stadiums and introducing more transport links. We have also seen a significant increase in the number of new hotels and serviced apartments hoping to launch their product at a time when all eyes will be on London.
While most accommodation providers, feel this is the time to charge customers a premium for their stay (like any other peak season or event dates in major cities), some have not found it easy to secure advance bookings at these higher rates (up to 40% higher and non-refundable in some cases).
The release of about 120,000 rooms back into the market by LOCOG (London Organising Committee of the Olympic Games and Paralympic Games) a couple weeks back has further encouraged accommodation providers in London to make more inventory available at reasonable prices for stays during the games.
Check-in-London has been successful in placing its Olympic bookings at properties that offer good value and quality apartments and predicts that well priced accommodation will shine during this season."
Thank you Gavin. Interesting. I know that Check-in-London.com has availability during the London Games and you can check out their Special Offers Here.
It is great to speak to an expert in serviced apartments in London during the Olympics. Many Bookt clients have local events that they can build a great promotional offer around using the easy to use tools in the Bookt Platform.
Best wishes to all. Let the games begin!
Posted by Rob Käll on 2/18/2012 0 Comments