A few hotels offer a 40% savings by allowing you to pay their pound prices in dollars. The Trusthouse Forte chain, U.S. tel. (800) 543-4300, does this occasionally, and the Thistle chain, tel. (800) 847-4358, Internet http://www.thistlehotels.com, does it year-round. You can find other accommodation possibilities through Hotel Directory Ltd., tel. 011-44-20-8770-0123, Internet http:// www.thehoteldirectory.co.uk, which offers 20%, and even up to 60%, discounts off rooms at 45 local properties.
Besides hotels, there is a resource you shouldn't overlook in the summer: the numerous empty "halls of residence" affiliated with City University and London University, such as the modern Ramsay Hall at 20 Maple St., tel. 011-44-20-7387-4537, fax 011-44-20-7383-0843. This modern, 462-room complex is positioned ideally for the West End theater district, Oxford and Regent streets and the British Museum. There are no baths in the rooms, but the price is right: $36 to $39 per person, with breakfast.