Delhi’s five-star hotels have witnessed an unprecedented spike in tariffs, with rooms priced as high as ₹4–5 lakh per night ahead of the India AI Impact Summit 2026. Scheduled from February 16–20 at Bharat Mandapam, the event has drawn over 35,000 global delegates, driving record demand and near-full occupancy.
Event Timeline:
The India AI Impact Summit 2026 will be held from February 16–20 at Bharat Mandapam, Pragati Maidan, New Delhi.
Price Surge:
Standard rooms that typically cost ₹20,000-₹40,000 per night are now listed at ₹4-5 lakh, reflecting demand outstripping supply.
Global Participation:
Over 35,000 registrations have been confirmed, including international delegates, tech leaders, policymakers, and investors, making it one of the largest AI summits globally.
Occupancy Trends:
Premier hotels such as Taj, Oberoi, ITC, and Leela are reporting near-full bookings, leaving tourists scrambling for alternatives.
Economic Impact:
The surge highlights Delhi’s growing role as a global tech hub. While hotels benefit from record revenues, prospective travelers face steep costs and limited availability.
Sector Context:
This spike mirrors trends seen during major global events like G20 summits, where hospitality demand surges due to international participation.
Why It Matters
The AI Summit is not just a tech gathering; it’s a symbol of India’s rising influence in global innovation. The hotel price surge underscores both the opportunities and challenges of hosting mega-events: while it boosts hospitality revenues, it also raises concerns about accessibility for regular travelers.
Sources: Press Trust of India (PTI), Business Standard, Economic Times