The British Hospitality Association (BHA) has rebutted claims that hotels in the capital were profiteering from a deal agreed with the organisers of the London 2012 Olympic Games.

Ufi Ibrahim, BHA's chief executive, said that the industry had played - and continues to play – its full part in making the 2012 Olympic Games a success.

"Recent press comment concerning the prices that agents appointed by LOCOG (the London Organising Committee of the Olympic Games) - in particular Thomas Cook - are charging for Olympic ticket and hotel packages has suggested that London hotels are profiteering," she said.

"This is certainly not the case. London hoteliers have no control over the prices that agents are charging."

In a separate statement, Paul Deighton, CEO of LOCOG, confirmed that those London hoteliers who had been part of the agreement with LOCOG had "fully conformed" to a fair pricing agreement, offering room allocation to LOCOG at below market rates for the Olympic Games.

The statements come as LOCOG, Thomas Cook and the BHA are set to meet to discuss the structure and pricing of the Thomas Cook ticket/hotel packages today (Friday 25 March).