Sciative Solutions

Hotels & Resorts

Delhi Hotel Rates Surge 88.39% Ahead of BRICS Summit.

The 18th BRICS Summit, which took place on September 12–13 at Bharat Mandapam in New Delhi, has caused a dramatic increase in hotel rates throughout the capital. The average room rates in the Delhi hotel sample under analysis increased by up to 88.39% year over year prior to the summit. Sciative Solutions’ analysis indicates that a concentrated demand surge from…