Hotel prices rise because of the Olympics

Hotel prices in London rose twice as much as the global average last year and it's being put down to the Olympics.

The capital saw prices go up by 4% over 6 months - despite seeing a 2% fall during the same period the previous year, according to research by Hotels.com.

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Jump in London hotel prices

Hotel prices in London rose twice as much as the global average last year, fuelled by demand from the Olympics.