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Those in the centre of the capital were 2,891 a week or 139% more expensive on average over the period cheap hotel deals when the sporting event is taking place than after the Games, according to a study for Santander.
Researchers also looked at prices near the Olympic Park in east London, which is hosting up to 180,000 spectators a day, and found that while most hotels were booked up, one of the few with vacancies was charging an extra 5,054. This was the equivalent of a 301% increase on its rates after the Games.
The study compared the cost of a week-long stay for a family of four in two rooms starting on the day of the Olympics opening ceremony next Friday with prices in late August, after the event has finished.
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