London, being the capital of Great Britain, is considered one of the major cities in the world. People dare to rank it along with New York, Tokyo, Paris, and Rome. From an economic point of view, the Old City of London is a powerhouse. So why do the experts say that? Well, firstly because it contributes about 20% of all UK domestic production. On top of it all, London also stands out as one of the highest-rated financial markets in Europe.
However, it is not just the financial aspects that make London so famous and attractive. Millions of tourists visit the UK every year to see various attractions in its capital and not just for its economic strength. First of all, London is a major cultural city, which also tends to be extremely cosmopolitan. In the world of education, politics, arts, communication and science, London ranks high at the top of the list. For the past few years it has been an attractive place to visit. However, it is well known that to have a great time and enjoy a unique and unforgettable experience, you need a place to stay, and in this case a cheap hotel in London.
Today, London is considered a city of hotel rooms. In 1999, experts estimated that there are approximately 100,000 hotel rooms and apartments in London. However, what is interesting is that basically 90% of them are located no more than 10-15 kilometers from the city center. It is also necessary to mention that at least 50,000 rooms were categorized at that time from three to five stars.
While London luxury hotels are often located in prime tourist spots, less comfortable ones can be found in lesser-known parts of London. In this way, you have the opportunity to find incredible deals and affordable prices only because of the high competition between hotel networks and private hotel owners. The north side of London, called Bloomsbury, probably has the highest concentration of mid-range hotel rooms in the entire city. It is obvious that these hotels are located near some big airports.
However, London was, is and will be considered the city of hotel rooms.
