London Olympic “fair priced” hotels aren’t always fair

 

A number of hotel chains joined the “fair pricing” scheme for the London Olympics, but many feel they are the ones being taken advantage of.

In an effort to prevent hotel prices sky-rocketting during the London Olympics, the London Organising Committee and VisitBritain created a fair pricing scheme. The idea was that if hotel prices were stable then many more visitors would want to visit the games.

As part of this package, a number of hotel chains sold rooms to the Olympic organisers at fair prices which were then due to be sold on through the official hotel supplier – Thomas Cook.

The trouble is, Thomas Cook don’t seem to have gotten the idea and according to chains including Hilton, Thistle, Guoman and Starwood, the travel agent is in some cases selling rooms for more than 4x what they were sold to the London Olympic Committee for.

One example in the London Evening Standard quotes a package with a face value of £1,740 is being priced at £6,499 for three nights at the Hyatt Regency Churchill.

A crisis meeting between London Organising Committee and the British Hospitality Association has been called to try to avert legal action.

 
Click here for even more UKseries travel news >>
 
 

Sorry. No data so far.

 
 

Comments (1)

Trackback URL | Comments RSS Feed

  1. I am glad to catch idea from your article. The information I have been searching about London Olympic fair priced hotel. This looks absolutely perfect. All these tinny details are made with lot of background knowledge.Thanks.

Leave a Reply


Comment guidelines - please read:

1) Use your own name, not a site name or keywords.

2) Links are allowed in the 'Website' field only.

3) Please do not advertise and make sure your comment is relevant and adds value. (If you would like to advertise, there are a number of free and paid ways to do this - please contact us for details.) .





If you want a picture to show with your comment, go get a Gravatar.