The first thing you want to consider is the value of the various options. While you're likely to spend less if you stay a ways away from the Olympics versus hotels near the Olympics, are you really going to be saving money? Consider your method of transportation while you'll be in town. If you plan on taking taxis, consider how many other people will be doing the same thing and how difficult it will be to get a cab when you need one.
If you're planning on driving your own car or renting one, consider how expensive the parking is likely to be. Not only will it be expensive, events like these often leave an entire city without a place to park. You might end up driving around for an hour or more, just to find a parking space. While you might have saved a few bucks a night on your hotel room, it's easy to see that it likely wasn't worth the savings. However, if you'd decided on hotels near the Olympics, you'd likely have just a brief walk or shuttle ride to get to where you want to go.
Many people don't consider hotels near Olympics because they think that they'll be impossible to find or extremely overpriced. The good news is that there are websites set up especially for people in your position. A site like www.best2010hotels.com will have a variety of options that can fit into a number of budgets. They have clear pricing structures that can help you decide which option will work best in your situation.
The best plan when looking for hotels near the Olympics is to keep your plans flexible. It's good to have a general idea of how many nights you want to stay and how much you want to pay. However, many packages get less expensive per night the more nights you stay. This can lead to it actually not being much more for a 5 night package as opposed to a 4 night package. For this reason, you want to keep your plans as flexible as possible so that you can take advantage of the best deal.
Finding hotels near the Olympics isn't difficult. You simply have to visit a site that was created with helping out people in these situations. Keep in mind that you want to consider the options that will give you the best overall value. This typically means that you want to avoid long waits in cars or long lines for cabs by making sure that your hotel is near the action.