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A weekend trip to London for 30 euro

What's the point of flying to London for a few euro via RyanAir or easyJet if you have to spend more than a 100 euro to get a clean place to spend the night? easyHotel aims to solve that problem:

A central London bed from £5 a night
easyHotel represents the easyGroup entry into the budget hotel sector and will be found in the centre of international cities. Customers can book their rooms at this website with a credit card on the basis of the earlier you book, the less you pay and periods of high demand will cost more than less popular periods.

Via [Wired Magazine]