The most important sporting event in the world, the London 2012 Olympics is fast approaching - and travelling to London for the Games could turn out much cheaper than expected.

HostelBookers.com, the budget accommodation specialists, have cheap hotels, hostels and apartments available - all within 35 minutes’ travel time or less from the Olympic Park.

Properties still with availability for Olympic dates include:

Equity Point London, Paddington

This Georgian style building, with its characteristic entrance flanked by white columns and typical windows of this architectural style, has 68 en suite rooms distributed over 7 floors. It is located next to Paddington train station, where the Heathrow Express connects the main London airport with the city centre in 15 minutes. Travel time from Paddington to Olympic Park on the tube: 35 minutes.

Hanover Hotel, Victoria

A bed and breakfast close to Buckingham Palace, which combines friendly service with comfortable accommodation and a convenient location. Travel time from Victoria to Olympic Park on the tube: 30 minutes

Safestay, Elephant & Castle

A beautiful 19th century Georgian building just south of London’s River Thames with plenty of cool bars, museums and cafes a stone’s throw away. It’s secure, stylish, comfortable and funky, with a heated and illuminated garden for guests to relax in. Designed by Black Box Interiors, the original architectural features of the Grade II listed-building have been preserved and integrated into the modern design of the interior. Travel time from Elephant & Castle to Olympic Park on the tube: 25 minutes.

Hotel Bluebells, Notting Hill

Blue Bells is a hotel of understated style, in keeping with its classic heritage and garden square outlook. It is a family run hotel in an 18th century Victorian building which comprises of 26 rooms spanning over 4 stories. It is ideally located in the heart of Notting Hill within a walking distance of Portobello Road and Westbourne Park Grove. Travel time from Notting Hill to Olympic Park on the tube: 30 minutes.

HostelBookers is the leading budget accommodation website in the travel industry not to apply a service charge and is, on average, 8.7% cheaper than its nearest competitor. The site features over 20,000 hostels, cheap hotels and budget properties in over 3,500 destinations.