The following are LSE-approved hotels, all of which are near LSE campus and the Library:
- CLUB QUARTERS, LINCOLN'S INN FIELDS http://clubquarters.com/london/lincolns-field-inn
- GRANGE HOLBORN HOTEL http://www.grangehotels.com/hotels-london/grange-holborn/about-this-hotel
- KINGSWAY HALL HOTEL http://www.kingswayhall.co.uk/default-en.html
- Strand Palace Hotel http://www.strandpalacehotel.co.uk/
- Citadines Holborn-Covent Garden http://www.citadines.com/en/uk/london/holborn_covent_garden.html
Unfortunately preferential rates are only available for LSE members of staff, but by central London standards these don’t seem too excessively expensive.
In addition, the Thistle Bloomsbury Park (www.thistle.com) is close by and seems to be very reasonably priced for the area. (4/5 on Trip Advisor)