Delhi Hotel Rates Soar Amid Winter Rush, Weddings, VIPs & IndiGo Crisis

• Delhi hotel rates are soaring due to a combination of winter travel, wedding season, high-profile VIP visits, and the IndiGo flight crisis.
• Luxury hotels like Leela Palace and Taj Palace are seeing room rates reach Rs 6-7 lakh and Rs 10 lakh per night, respectively.
• The IndiGo flight crisis has significantly increased hotel prices in Aerocity, with some properties reaching nearly Rs 1.5 lakh per night.
• VIP movements, including visits from Russian President Putin and Microsoft CEO Nadella, also contributed to the surge in demand and prices.
• Delhi faces an inadequate hotel room supply (17,000-18,000 branded rooms) compared to demand, exacerbating price volatility during peak periods.

Why It Matters: Delhi hotel rates are surging due to demand-supply gap, impacting travel costs.