It’s commonly believed that the closer a hotel is to Central London, the more expensive it will be. After all, with the West End, Oxford Street and Bank within walking distance, you’d expect to fork out more. While there are plenty of luxury hotels in the area, there are also many accommodation options for those looking to save a few pennies. Get the best of both worlds with Culture Trip’s pick of the five best cheap hotels in the City of London.
CitizenM, Budget Hotel, Tower of London
Boutique Hotel, Business Hotel
CitizenM Tower of London offers king-size beds in each room | Courtesy of citizenM Tower of London / Booking.com
CitizenM has earned a reputation as one of the smartest budget hotel groups, catering to a millennial crowd looking for luxury living at competitive prices and fluid spaces that are suitable for both work and play. In the rooms at the Bankside outpost, you’ll find king-size beds and flat-screen TVs as well as power showers and superfast Wi-Fi. Downstairs, the all-in-one bar and co-working space has made a name for itself as one of the most dynamic meeting spaces in London. The decor is modern with a masculine, industrial finish, and the location – overlooking the Tower of London – is both iconic and historic.
As you’d expect from a Scandi brand, the decor at Qbic is clean, modern and colourful. Bringing its chic minimalism to London, Qbic prides itself on its eco-friendly credentials, so if you’re looking to reduce your carbon footprint while travelling, you can rest here guilt-free. The cube-like rooms feature bright furnishings and great lighting, making them feel bigger than they are. Fast Wi-Fi, powerful showers and comfy beds make them a haven after a busy day in the city, and whether you’re a morning person or not, the full English and strong cappuccinos available in the downstairs restaurant will get you buzzing for a new day.
Hugging the north bank of the river, just a stone’s throw from Tower Hill, Hub by Premier Inn offers guests convenience and competitive prices in the heart of London. Standard rooms here are compact and cleverly designed to maximise space with minimal furniture – this doesn’t mean the hotel has scrimped on quality, though. The beds are Hypnos, and there are monsoon power showers and smart TVs. A control panel for the lighting and temperature give you the feeling you’re in a spaceship while the café and bar downstairs give off a much more homely, urban feel, thanks to the exposed brick, rustic wood furniture and hearty menu.
Hotel Indigo sits right in the middle of the financial district, so if you have to be in the city for meetings or are looking to take advantage of Bank’s excellent transport connections, you’re in the right place. The rooms here are both luxurious and urban, with exposed brick offsetting the mahogany four-poster beds and floors and the brightly coloured bedding and soft lighting warming the space. Spacious bathrooms with powerful showers and in-room Nespresso machines will get your days off to a good start, and a wander through neighbouring Leadenhall Market (which doubled as Diagon Alley in Harry Potterand the Philosopher’s Stone) will finish them off with a bang.
Wombat’s City Hostel London offers spacious dorms along with private rooms | Courtesy of Wombat’s City Hostel London / Hostelworld
Wombat’s has been a hostel since Victorian times when it welcomed tired sailors who docked from long trips overseas. And thanks to the size of the bedrooms, which have since been knocked through to form cavernous dorms (there are private rooms too), its nickname is ‘Alcatraz’. Of course, it’s had a makeover since its sailor days and now features welcoming contemporary decor, as well as a spacious kitchen, games room and city-slicker bar down in the underground vaults. It also happens to be cheap, making it an all-round great choice.