Looking for affordable spaces to throw your next event in London? Ditch the ordinary function room and elevate your special occasion with our vast collection of cheap hotel venues in the city. From stylish conference rooms in South Bank to spacious event rooms near Oxford Street, we have the perfect setting for your conference, workshop, party, or product launch, all without breaking the bank. Your search for the ideal hotel venue in London ends here, with Tagvenue. Our platform allows you to easily compare prices, amenities, and reviews to find the best location for your event. So, start your search now and book the perfect spot!
The cost of cheap hotel venues averages around £69 per person. The final price will depend on location, size, amenities, and demand. Some venues also offer additional packages that include catering, AV equipment, or additional services. Take a look at the usual price ranges in London, based on Tagvenue data from May 2026:
| From £45 | to £85 | per person |
| From £900 | to £4000 | minimum spend per event |
| From £900 | to £1500 | hire fee per day |
Based on the popularity and user ratings on Tagvenue (updated May 2026), the best options include:
Queensborough Hall at 72 QT Guest House London
in Bayswater - rated 4.9/5
Our user said: ‘Highly recommended for anyone looking for a well reasonable price and spacious venue for any event.’
The Games Room at The Ampersand Hotel
in South Kensington - rated 4.9/5
Our user said: ‘Great location. Great hotel and venue for team meeting.’
The Tapestry Room at The Gore Hotel
in Knightsbridge - rated 4.8/5
Our user said: ‘Food is delicious. Thank you so much. I will definitely have my party again and again in this beautiful hotel.’
You'll find cheap hotel venues in various sizes, from smaller spots to larger venues; keep in mind that the type of space and your chosen layout will affect the capacity! Below you can see the typical venue sizes in London, together with the standard prices in each size range, based on Tagvenue data (May 2026):
| Small | up to 70 guests | prices average £900 minimum spend per event |
| Medium | between 100 and 120 guests | prices average £1500 minimum spend per event |
| Large | over 140 guests | prices average £3500 minimum spend per event |
These are the venues within 0.7 mi from central London, available to book on Tagvenue:
Most affordable spaces at hotels in London offer basic amenities such as state-of-the-art audiovisual equipment, impeccable catering services, and high-speed internet; you can host business meetings, conferences, and workshops with ease. Additionally, if you're looking for a fun and relaxed atmosphere, you can also throw a private party or social function at these hotels. With their attentive staff and the hotel’s luxurious ambience, your event is going to be a success.
Page last updated in May 2026
To provide you with relevant information, our pages are refreshed using an algorithm that aggregates real-time data, including bookings, reviews, and venue updates.