CLOSED
NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%

BRICS Summit 2026 Skyrockets Delhi Hotel Prices

By Business DeskBRICS Summit 2026 Skyrockets Delhi Hotel Prices

Delhi’s five-star hotels see rates surge past Rs 1 lakh, some reaching Rs 2.4 lakh, due to high demand for the BRICS Summit 2026.

Delhi’s five-star hotel rates have soared past Rs 1 lakh per night, with some rooms reaching up to Rs 2.4 lakh. This surge comes as the city prepares to host the 18th BRICS Summit on September 12-13, 2026, drawing significant demand.

Summit Sparks Accommodation Rush

Official delegations, business travelers, and international media are all contributing to the intense demand for luxury accommodations. This concentrated interest over a short period is putting considerable pressure on the capital’s supply of high-end hotel rooms.

  • Hotel rates starting around Rs 1 lakh per night
  • Some rooms priced up to Rs 2.4 lakh
  • Radisson Hotel Group saw more than 25% year-over-year increase in average room rates
  • Ixigo reported a 50% increase in searches for five-star properties
  • Ixigo also noted over 100% week-on-week rise in hotel rates

Major Hotels Near Capacity

Several major hotel groups are reporting near-full bookings for the summit dates. Travel platforms are also seeing a spike in interest for premium stays.

  • The Leela Palace
  • Taj Group
  • Radisson Hotel Group
  • ITC
  • EaseMyTrip
  • ixigo

India is set to host the BRICS Summit for the second time; the previous 2021 summit was held virtually. The current situation highlights the significant economic impact of such international events on local hospitality sectors.

Home/business/Article