Hotel rates in Delhi skyrocketed due to G20, prices will increase up to three times next week

Due to the G20 meeting, hotel rental rates in Delhi have started skyrocketing. According to hotel owners, their prices may increase up to 30 times by next week.

Delhi's hotel industry has entered its busiest and most high profile season so far. With this, the hotel rent in Delhi has started skyrocketing. Actually, India is hosting the G20 summit this time. In such a situation, arrangements for the stay of foreign guests have been made in premium hotels in Delhi. The G20 meeting is to be held in Delhi on 9 and 10 September. Due to the Global Summit meeting, a lot of demand is being seen in the hotel industry. The rent for one day in the hotel where Joe Biden is staying is Rs 20 lakh. At the same time, hotel rates have been increased for the general public as well. A huge increase in the rents of hotel suites and rooms is being seen in the National Capital Delhi and its surrounding areas. At the same time, according to the hotel owners, by the next week the hotel prices may increase up to three times.

Rocket rise in hotel rents

The cost of hotels whose rent used to be usually 15 to 20, has now reached in lakhs. According to media reports, a rocket-like boom is being seen in the demand for hotel suites and rooms. Because of which their rent is also seeing a boom. For foreign guests, the cost of a luxury suite in a hotel in Aerocity near Indira Gandhi International Airport has gone up to Rs 20 lakh for one night.

Rooms in many hotels including ITC Maurya, Leela, Aerocity, Taj Palace are already booked for foreign guests. Whose cost is 15-20 lakh rupees a day. P-5 The country's mission has been told to rent a luxury suite of a hotel near Janpath for a night's rent of about 15 lakh rupees.

Foreign guests booked in these hotels

The five star hotels that have been booked for the guests at the G-20 Summit include Hotel Taj Mahal, Le Meridien, Shangri-La, Taj Palace, Maurya Sheraton, Imperial, Oberoi and Leela. In these hotels, the dignitaries visiting the G-20 will stay with a large entourage, which will include their office colleagues, officials of their Foreign Ministry, other ministers and security personnel. Let us tell you, according to hotel owners, the prices may increase up to three times in the next week.