The Summit, a gathering of the world’s most powerful leaders, will be held in the national capital during September 9-10.
If you plan to travel to the National Capital Region in the first half of September, finding a place to stay in a 5-star hotel will be next to impossible. Even if you manage to find a place, you will have to cough up at least twice or thrice the price that you would usually pay. The reason?
The likes of Joe Biden, Rishi Sunak, Emmanuel Marcon, Fumio Kishida and others are expected to descend upon New Delhi for the G-20 Leaders’ Summit.
The Summit, a gathering of the world’s most powerful leaders, will be held in the national capital during September 9-10, the culmination of India’s G-20 Presidency for 2023. Rooms in almost all 5-star hotels in Delhi during the period September 6-12 have either been blocked by the government or sold out. And it has had a ripple effect on the rest of the hospitality sector.
A senior sales manager of Le Meridien, a 5-star property in Lutyens’ Delhi, said that almost all rooms have either been blocked or sold out during the period of September 1-12. For the few rooms that are available, the rate starts from Rs 60,000 plus taxes per night for single occupancy. The rate for similar rooms in the last week of August is less than Rs 15,000 while in the second half of September, it is in the range of Rs 15,000 to Rs 17,000, indicating a 400% hike in the first half of September.
Holiday Inn New Delhi International Airport, located at Aerocity, is charging Rs 37,500 plus taxes and service fees per night, non-refundable. or Rs 42,000 plus taxes with a cancellation option. The rate in the last week of August for the same property is around Rs 8,500 per night, as per data available through travel app MakeMyTrip.