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The mere expectation that he would participate in next month's Hawaii Ironman championship in Kona started people booking hotel rooms as early as March.
WSJ: Triathlons Part Waters for Lance Armstrong
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The project has already seen great success since it launched, with rooms booking up quickly.
BBC: Pay what you want at a Paris hotel
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The service is currently booking same day rooms with 300 hotels in 18 cities, but looks to expand to ten additional cities in the coming months.
FORBES: Connect
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Downloaded three million times since it debuted in 2011, it is the most popular of the same-day booking apps, with rooms available from noon, local time, daily.
BBC: A boom in same-day hotel booking apps
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Accessibility will also be improved and information systems, ticket machines, waiting rooms, car parks and booking offices upgraded.
BBC: Gleneagles train station
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Nigel Pocklington of Hotels.com, an online booking service, says demand for London rooms during the games is weaker than anticipated and prices have fallen by 25% in the past four weeks alone.
ECONOMIST: The economic impact of the games
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He told MPs that a "tranche" of hotel rooms had recently been made available after the cancellation of a block-booking by the London Organising Committee of the Olympic Games (Locog).
BBC: Jowell attacks 'scandal' of Olympic hotel prices