Hotel rates swing as Delhi plays the grand host
Delhi's hotel scene is currently less a market and more a gladiatorial arena where tech titans and star-struck lovers battle it out for the last available luxury suite. Who knew AI algorithms and wedding vows would form such a potent, price-inflating cocktail? Forget surge pricing for cabs; we're now experiencing surge pricing for mattresses, proving that even a byte-sized conference and a big fat Indian wedding can create an exponentially bloated bill.
This dramatic escalation in hotel rates isn't just a quirk; it's a direct consequence of a perfect storm of demand. A major AI summit has brought a wave of high-spending professionals to the capital, coinciding with the peak of the bustling wedding season. Luxury and upper-upscale hotels, in particular, are reporting near-complete occupancy, a stark contrast to the comparatively slower months of December and January. Hoteliers are not only reveling in this current boom but are also optimistically anticipating continued robust bookings.
