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CNBC Awaaz18-02-2026, 08:51

AI Impact Summit 2026: Delhi-NCR Hotel Rents Skyrocket, Luxury Suites Hit 6 Lakhs

  • AI Impact Summit 2026 in New Delhi (Feb 16-20) causes massive hotel rent hikes across Delhi-NCR.
  • Luxury suites like The Leela Ambience Gurugram's Panoramic Suite reached 6.15 lakh rupees for Feb 18.
  • Mid-scale hotels and Noida also saw significant price surges, with some rooms exceeding 89,000 rupees.
  • Industry experts attribute the demand to international delegates, but former Infosys CFO Mohandas Pai calls prices "irrational."
  • The summit at Bharat Mandapam will host global policymakers and AI innovators like Sam Altman and Sundar Pichai.

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