Hotel Prices Surge in Delhi Ahead of Upcoming Summit

As thousands of delegates prepare to arrive in Delhi for next week's summit, hotel room rates have reached peak levels. Bloomberg posted on X, highlighting the significant increase in accommodation costs as the city gears up for the influx of visitors. The event is expected to draw a large number of participants, leading to heightened demand for lodging and subsequent price hikes. Local hotels are experiencing unprecedented occupancy rates, reflecting the importance of the summit and its impact on the hospitality sector. This surge in hotel prices underscores the economic implications of hosting such a significant international gathering.