Delhi five-star hotel room tariffs skyrocket as AI Summit sparks record demand
New Delhi's five-star hotels are seeing record room prices and full bookings. This surge is driven by the upcoming India AI Impact Summit 2026. Thousands of international delegates are expected to attend the event. This high demand is impacting prospective tourists' travel plans. Room rates have significantly increased for the summit dates.
Hotel websites and travel portals show that standard rooms at premier five-star hotels in the city, which usually fall in the Rs 20,000 to Rs 40,000 per night range, have now been listed at rates approaching lakhs and in some categories exceeding Rs 4 lakh to Rs 5 lakh per night for peak summit dates around February 19-20.
At some flagship properties in Delhi, including The Leela Palace, ITC Maurya and Taj Palace, rooms that normally retail at moderate luxury pricing are now being offered at sky-high peak-season rates, with premium suites and club-level categories commanding several lakh rupees per night or only available under stringent minimum-stay conditions.
Moreover, hotels in the heart of the national capital, such as The Park Hotel, Shangri-La Eros, and The Imperial in Connaught Place, are either nearly sold out around the peak Summit dates between February 18-20 or listing rooms at steep prices.
By PTI