The report also outlined how a further 20,000 rooms will be completed by 2012, of which 4000 are under construction and 16,000 have received planning permission.
The bid committee is confident that new-build – such as a 17,000-bed Olympic village – and existing developments will easily meet the needs of the estimated 11,000 athletes, 10,000 coaches, 20,000 journalists and up to 9 million spectators who will attend the games.
The Olympic park in Stratford, comprising high-tech venues and the athletes' village, will be the focus of the games, and 2000 hotel rooms are also envisaged there. Other developments include a water polo centre at University of East London and exhibition centres in Greenwich.
The report outlined how a further 20,000 rooms will be completed by 2012
More than £17bn will be spent on transport by 2012 to improve reliability and efficiency, with £450m earmarked for additional transport developments for the games.
The Channel Tunnel Rail Link will cut journey times between Stratford and King's Cross to seven minutes, the capacity of the Jubilee Line will expand 45% and the DLR will also benefit.