We're finally starting to learn how much hotels will be charging during the Winter Olympics. While visitors can expect to pay a "premium" rate for rooms, it appears most hotel operators are avoiding price gouging -- at least so far.

There's still room at the Sunset Inn and Suites in Vancouver's West End during the Olympics, but not much.

Of the few rooms that haven't been booked, they're only available on certain days

"Right now, we're noticing that the biggest weekend is the first weekend of the Olympics, it's where everybody wants to book," said Michael Wright of Sunset Inn and Suites.

As for rates...

"This room, if we went for the peak season in July which is our busiest time of the year, this room here would be going for about $500," he said pointing out an executive room that sleeps six to eight people. "During the Olympics it's going for $900."

That works out to $125 to $150 a person per night. Right now, it's going for $300 a night.

The sunset is not selling to Olympic tour operators and is not among the 100 metro hotels that made a deal many years ago to block rooms for 2010.

When Vancouver was bidding for the Games most major hotels agreed to sell 80 per cent of their rooms to Olympic organizers. Some of those rooms could be released to the public in the coming months. What hotels will charge remains unclear.

"People will expect to pay what is considered fair market value, akin to perhaps high season in Vancouver during the summertime plus a premium. It is the Olympics, people know they'll pay more but there is a limit to what that rate might be," said Walt Judas of Vancouver Tourism.

While those hotels are just beginning to take reservations, other unique options are surfacing for visitors.

The cruise ship Norwegian Star will dock in North Vancouver during the Games. Prices start at $2,010 U.S. per person, based on double occupancy for a four-night stay. Nine thousand guests can be accommodated during the Games, meaning there is likely to be room at the inn, but at a price.

With a report by CTV British Columbia's Mike Killeen.