London, United Kingdom, March 23, 2011 --(PR.com
)-- A record number of visitors are expected to descend on the capital during the Games and whilst some hotels are already full, others with availability have increased their prices significantly.
In the current economic climate, the number of "homepreneurs" looking for ways to make money from their property is increasing and Head2Pillow reports that many Londoners are considering renting out their spare room during the Olympics to make some tax-free cash.
Homeowners in the London area who are considering renting out their spare room can register for free with www.head2pillow.com and take advantage of the surge in demand for affordable accommodation during the Olympics, as well as during other key events. They can advertise their spare room straight away and have complete control over room price and availability – they can choose to rent it out as often or as little as they like. Homeowners can earn up to £4,250 a year tax-free by renting out their spare room – for more details see www.direct.gov.uk
For visitors to London wanting a short stay, Head2Pillow offers an affordable and friendly alternative to overpriced hotels for a short stay; and the website enables users to search for a room by venue, postcode or town, check availability, book and pay all online. The innovative search facility means that visitors can look for rooms near the Olympic venues, as well as those close to popular tourist attractions. Registration is free and there is no booking fee to guests when they book a room through Head2Pillow.
With the number of "homepreneurs" likely to increase further as London counts down to London 2012, Head2Pillow is ideally placed to help homeowners to make tax-free cash from their spare room, whilst enabling visitors to find affordable rooms for a short stay. For more information, please visit www.head2pillow.com ; you can also follow them on Twitter @Head2Pillow and Facebook.