For example, if you are planning to stay at The Leela Palace Udaipur on Christmas night, be prepared to spend Rs 1,06,200, the report said quoting Booking.com rates. Similarly, a night stay at Six Senses Fort Barwara on the same date will cost you Rs 1,64,919.
Akhil Arora, CEO of Aspire Hospitality Group, which manages the Fort Barwara property, confirmed the increase in demand. He mentioned that the demand for the festive season this year is much higher than last year, resulting in an increase in rates by about 10-15%. Arora advises potential guests to book early to save on packages and be flexible in the choice of location.
Rajesh Nambi, general manager of Accor’s luxury hotel Raffles Udaipur, revealed that average daily rates have increased by 24% compared to last year. Similarly, Gaurav Srivastava, revenue director, Fairmont Hotel, Jaipur, highlighted that the increase in prices by around 12-15%, especially during December, which is considered to be the peak demand period, has resulted in higher costs for guests. Will give birth to.
Hotel room rent increased
When it comes to Goa, room rates at Taj Holiday Village Resort & Spa and Taj Fort Aguada Resort & Spa for December 31 are not available on Booking.com. However, rooms at Goa Marriott Resort & Spa and The Grand Hyatt Goa are priced at Rs 53,100 and Rs 88,500 respectively.
These price increases are not limited to specific cities, but are evident in both business and leisure destinations across the country. Nikhil Sharma, market managing director, Eurasia at Wyndham Hotels & Resorts, says current room rates in both segments are demonstrating continued growth, with significant double-digit growth expected in 2024. Sharma attributes this to factors such as increased business activities and higher demand for leisure properties.
President of Travel and Tourism Association of Goa, Nilesh Shah, said that this year the wedding season started late, due to which the prices in hotels in Goa increased. Shah also mentioned that more people are traveling within India, and airfares have also increased, resulting in a higher overall cost of holidays.
Read from ET Hotel rates are skyrocketing in India
With both Christmas and New Year falling on a Monday, travelers are keen to take advantage of the long weekend and are planning their year-end travel well in advance, as shared by Santosh Kumar, country manager, India, Sri Lanka, Maldives. Have done. And Indonesia on booking.com.
Noshir A. Marfatia, senior vice president of sales and marketing at The Fern Hotels & Resorts, estimates that holiday hotel rates for December will be higher than last year. He attributes this to larger and more lavish celebrations during the wedding season. Marfatia also noted that with the reopening of international travel, rates abroad have skyrocketed, making rate hikes widely acceptable in India.
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