£1 London Hotel Rooms. Urgent! All SOLD OUT now

Hi - I took part in their last rooms promotion and was lucky enough to get a £1 room. It IS a nice modern hotel in an edgy area, and it IS a good offer but the following points should be borne in mind before booking:

1. Last time, 100,000 people applied for 500 £1 rooms so do the math - not everyone will be successful. The time before, I think 26,000 people applied for a similar number of rooms. The publicity from this site will only add to that number and further reduce the odds of being successful.

2. In answer to the questions about booking more than one night, booking for parents and selling on Ebay, the hotel's T&C state that:

a) the person whose credit card is used to reserve the room must be one of the people staying in the hotel. This effectively means no selling on Ebay and no booking for others unless you are using their credit card details to make the booking.

b) only one night may be booked at the promotional rate of £1 or £29. They have stated that ALL bookings will be cancelled if you manage to book more than one night at the promotional rate.

3. A link was included last time to a fast non-HTML booking system which did not feature graphics. The hotel website has since been upgraded (the site crashed under the weight of so many bookings last time) and the link no longer exists.

4. The hotel is a converted office building and features small but well-decorated rooms. It is not meant to be a full-service hotel - breakfast is a bag of Pret-a-Manger food (banana, granola yoghurt, OJ) left outside your door (you can pay to have a cooked one though), the gym is an externally provided one 500m from the hotel for which you have to pay to gain access, and there is no parking. I'd say it's a great place to go if you are young and into clubs/bars as there are many good ones nearby. The area's 'attractions' might be lost on an older audience though, as the Shoreditch area is pretty scruffy and there is a lot of traffic noise.

5. Finally, the hotel often runs various promotions on room rates so don't be too disappointed if you don't get one here. I received an email from them a while back saying that all bookings made for Sunday nights for a certain period were only £30 (I think). While Sunday nights are not the most popular, this offer was at a very attractive price for London and not subject to the restrictions on numbers of nights or rooms that are in place during the £1/£29 offer above.