Mohandas Pai Slams Delhi Hotels Over Skyrocketing Rents Ahead of AI Summit

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News18•09-02-2026, 22:45
Mohandas Pai Slams Delhi Hotels Over Skyrocketing Rents Ahead of AI Summit
- •Industrialist Mohandas Pai criticizes Delhi hotels for exorbitant price hikes ahead of the India AI Impact Summit 2026.
- •Pai calls the 10-15x increase in hotel rents "absolutely absurd," stating it damages India's credibility and global image.
- •Luxury hotel rooms, like Taj Palace's Garden Luxury Suite, jumped from 2 lakh to 32 lakh rupees per night for the summit.
- •Other luxury hotels in Delhi, including The Leela Palace and The Oberoi, also show significant price increases.
- •Experts warn that such arbitrary pricing could harm India's tourism and image during international events.
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