London hotel prices set to double during Olympics | caterersearch.com

Hotel prices across London will more than double during the London 2012 Olympics, according to market intelligence company Rubicon. However, while hoteliers can expect bumper profits during the course of the Games with demand for the city's 120,000 hotel rooms reaching a high, they could risk losing out in the long term with corporate business expected to plunge by up to 80% over the whole summer period.