I've booked the Travelodge not far from Wembley, just a tube stop away.

To please both the men and the women, I'd pick a hotel either near to the bakerloo line or the jubilee line.
Also, think about Sunday morning. If you're planning on not going home until late in the day it's a poor idea to stay out of town. Stay central and make the most of it.
Check out booking.com, or something similar. You're in good time to snag a cheap room. Cov Gdn/Shaftesbury Avenue/baker St, etc should be great for you.
I guess it's about location rather than anything else. For my money, I'd stay in a cheap hotel and if I wanted to splash some cash I'd go for a nice dinner/breakfast/brunch and keep your partners happy that way.

Cheers for the advice fellas

Try Ibis hotels 9am check in for an extra £10 5pm check out for an extra £10 www.ibis.com/gb/booking/hotels-list.shtml www.ibis.com/gb/united-kingdom/index.shtml Regards , EW

Try Ibis hotels 9am check in for an extra £10 5pm check out for an extra £10 www.ibis.com/gb/booking/hotels-list.shtml www.ibis.com/gb/united-kingdom/index.shtml Regards , EW

St Giles Hotel if you want central. Cheap for the location, just off oxford street and next to Tottenham Court Rd tube station.