Delhi Hotel Rates Skyrocket Above ₹2.32 Lakh Ahead of India AI Impact Summit 2026

New Delhi: The national capital is gearing up for a flurry of activity as the India AI Impact Summit 2026 approaches, and five-star hotel rooms are witnessing unprecedented price surges. Scheduled from 16–20 February 2026 at Bharat Mandapam, the summit is expected to host thousands of delegates from over 100 countries, including 15–20 heads of state, more than 50 ministers, and over 40 global and Indian corporate leaders.

Record-Breaking Room Rates

According to reports, demand has driven room rates at premier hotels to record levels. The Imperial Hotel, for instance, will charge ₹197,049 per night on 16 February, plus an additional tax of ₹35,469, bringing the total to ₹2,32,518 per night. Hyatt Regency, Delhi, is charging approximately ₹50,000 per night, while The Leela Palace, Delhi, is booking rooms at ₹78,000 per night including taxes.

Shangri-La Eros Hotel is already fully booked for 18 February, but rooms for 16 February are priced at ₹89,000 per night including taxes.

Hotels Brace for Full Occupancy

Vineet Kapoor, Hotel Manager at The Lalit Suri Hospitality Group, told news portals, “We expect full occupancy on peak summit dates due to high demand from international delegates. Suites and standard rooms alike are in strong demand as we host numerous global leaders.”

Other luxury hotels such as Leela Palace, ITC Maurya, and Taj Palace are offering rooms at premium peak-season rates, reflecting the extraordinary demand during the AI summit.

Surge Driven by International Participation

The summit has already received over 35,000 registrations, indicating strong global participation. The event has caused a 30–50% spike in room rates compared to typical February pricing, according to Davinder Juj, General Manager at Eros Hotel.

Juj added, “Business in December and January was slightly softer than expected. The summit provides an opportunity to adjust revenue strategies and match occupancy levels seen in other markets.”

With Delhi preparing to host delegations from more than 100 countries, luxury hotels are expected to remain fully booked, and rates are unlikely to fall during the summit period.