Global AI SummitImage Credit source: ai generated
AI Impact Summit: These days, the country’s capital Delhi is preparing for a big global event, but this time the discussion is more about the expense of staying there than the event itself. Global Artificial Intelligence (AI) Summit is going to be held in Delhi on 19th and 20th February. The world’s most renowned tech leaders like Sundar Pichai and Sam Altman are coming to participate in this summit. Due to this high-profile event, the demand for rooms in the luxury hotels of Delhi has increased to such an extent that not only the common man, but even the elite people lose their minds after hearing the fare. The situation is such that the cost of staying for one night has reached Rs 32 lakh.
You can get a luxurious house for the price of one night
According to reports, between February 16 and 20, the fare for ‘Garden Luxury Suite’ (King Bed and Pool View) of Delhi’s prestigious Taj Palace Hotel has been fixed at Rs 27.55 lakh per night. If tax is added to it, which comes to around Rs 5 lakh, then the total bill for one night comes to around Rs 32 lakh. This suite is available on 13-14 February for around Rs 2 lakh including taxes. This means that during the summit, there has been a huge increase of about 1,500 percent in fares compared to the peak season of Valentine’s Day.
The demand was such that the prices increased many times.
Not only Taj Palace, the condition of other five star hotels of Delhi is also the same. The fare of Signature Suite in Hyatt’s ‘Andaz Delhi’ has jumped to Rs 3.86 lakh. If we look at the data of travel platform ixigo, there has been an increase of 6 times month-on-month in the searches for hotels in New Delhi.
Most of the big five-star hotels in Central Delhi are already housefull for 16 to 20 February. There are reports of Lalit Hotel also being almost fully booked, where many foreign guests are going to stay. In hotels where there are still some rooms left, the rent for normal rooms is also ranging between Rs 70,000 to Rs 1 lakh per night. Media reports suggest that room rates have increased by 2 to 3 times as compared to the beginning of January and February.
The eyes of the whole world will be on Delhi
This struggle in hotel booking is not unnecessary. Representatives of more than 100 countries will participate in this Global AI Summit to be held on 19-20 February. It is estimated that more than 35,000 international delegates will be present in Delhi during this period. When policy makers and tech industry giants from around the world are coming together, it is obvious that the pressure on the premium amenities of the city will increase. This event is being seen as a big opportunity for Delhi. This will not only benefit local businesses, but will also strengthen Delhi’s identity as a global hub for technology and high-value international conventions.