• HINDI
  • JaiTV
  • Login
Asia Press Agency
  • HOME
  • INDIA
  • WORLD
  • ENTERTAINMENT
  • BUSINESS
  • FASHION
  • TECH
  • LIFESTYLE
  • SPORTS
  • OTHERS
    • PEOPLE
    • OPINION
    • BREAKING NEWS
    • INFO
    • SOCIAL
    • VIDEOS
No Result
View All Result
Asia Press Agency
  • HOME
  • INDIA
  • WORLD
  • ENTERTAINMENT
  • BUSINESS
  • FASHION
  • TECH
  • LIFESTYLE
  • SPORTS
  • OTHERS
    • PEOPLE
    • OPINION
    • BREAKING NEWS
    • INFO
    • SOCIAL
    • VIDEOS
No Result
View All Result
Asia Press Agency
No Result
View All Result
Home BUSINESS

Indian Hotels See Surge in Demand and Premium Rates

by Ayushi
August 9, 2023
in BUSINESS
The industry is set for a robust FY25, buoyed by strong domestic tourism and rising demand for meetings, incentives, conferences, and exhibitions, besides a controlled supply pipeline
X (Twitter)FacebookWhatsappTelegram

As the upcoming long weekend coincides with India’s Independence Day, the luxury hotel sector is witnessing a notable surge in demand and premium rates. Last-minute planners seeking a quick getaway are displaying a willingness to pay premium prices, with rates reaching at least ₹20,000 for a single night’s stay at top-tier five-star resorts across various destinations.

 

Leading luxury resorts are capitalizing on the extended break by strategically raising their rates. Taj Lake Palace in Udaipur, for instance, is offering a three-night stay package for ₹1.8 lakh for two people. Similarly, Rambagh Palace in Jaipur has listed a four-night stay at ₹5.9 lakh for two people. Even Fairmont in Jaipur is commanding ₹20,000 per night, a significant elevation from its regular off-peak weekend rates ranging between ₹5,000 to ₹15,000.

RelatedPosts

Beyond the Core: Luxury Finds a Stronghold in Emerging NCR Pockets

Mumbai Indians extend Mighty Indians IP with 3D Webisodes and More

Bhumi and Samiksha Pednekar Launch Backbay: A New Chapter in Sustainable Hydration

 

The allure of the long weekend has prompted a surge in travel plans, ranging from visiting family in hometowns to leisure trips. Hotels in the premium segment are experiencing occupancy rates ranging from 80% to 90%, and room rates are averaging 20-30% higher than usual. Marriott International has specifically noted a spike in demand for leisure hotels, with properties in popular destinations like Goa, Mussoorie, and the National Capital Region witnessing increased interest.

 

The surge in hotel demand is complemented by increased flight loads from major metros to tier 2 and 3 cities. Many travelers are utilizing the opportunity to visit their families. Airfares from major hubs such as Mumbai and Delhi to popular destinations have escalated by approximately 15-20% compared to the same long weekend period last year.

 

Travel platforms are reporting that domestic travelers are displaying advanced planning behavior, booking hotels around 28 days before their intended trips. Among the sought-after destinations for these bookings are Panjim, Jaipur, Coimbatore, and more.

 

Luxury and five-star hotels are particularly benefiting from this heightened demand, with rates soaring by around 25% above typical levels for the long weekend. The overall occupancy rate for five-star hotels is currently hovering within the impressive range of 85-89%, reflecting the strong desire of travelers to make the most of this holiday window.

Tags: domestic travelersIndependence DayINDIAlong weekendluxury hotelsoccupancy ratespremium ratestop resortstravel demand
Previous Post

India and Philippines Consider Cooperation on UPI

Next Post

SAT Overturns SEBI Order in Dark Fibre Case

Related Posts

Beyond the Core: Luxury Finds a Stronghold in Emerging NCR Pockets

Beyond the Core: Luxury Finds a Stronghold in Emerging NCR Pockets

August 9, 2025

Mumbai Indians extend Mighty Indians IP with 3D Webisodes and More

August 9, 2025
Bhumi and Samiksha Pednekar Launch Backbay: A New Chapter in Sustainable Hydration

Bhumi and Samiksha Pednekar Launch Backbay: A New Chapter in Sustainable Hydration

August 8, 2025
Vidyut Jammwal Joins the Spykar Movement with the Launch of Chico Fit

Vidyut Jammwal Joins the Spykar Movement with the Launch of Chico Fit

May 29, 2025
Digital Gold vs Physical Gold : Which is Better

Digital Gold vs Physical Gold : Which is Better

May 14, 2025
Lava Announces Exciting Smartphone Offers; Agni 3 Available for as Low as ₹16,999

Lava Announces Exciting Smartphone Offers; Agni 3 Available for as Low as ₹16,999

April 22, 2025
Next Post
The case pertains to alleged differential access given by NSE to certain broking firms over dark fibre, an already laid but unused or passive optical fibre unconnected to active electronics or equipment and does not have other data flowing through it.

SAT Overturns SEBI Order in Dark Fibre Case

Recent News

Sudha Chandran Proves That Powerful Performances Don’t Need Lengthy Screen Time With Gudhal

Sudha Chandran Proves That Powerful Performances Don’t Need Lengthy Screen Time With Gudhal

July 13, 2026
Sheena Chohan Honoured with National Awards for Excellence 2026 as Best Actress for Sant Tukaram

Sheena Chohan Honoured with National Awards for Excellence 2026 as Best Actress for Sant Tukaram

July 13, 2026

Indian Crew Targeted in Strait of Hormuz Incident

July 12, 2026
Beyond the Core: Luxury Finds a Stronghold in Emerging NCR Pockets

Beyond the Core: Luxury Finds a Stronghold in Emerging NCR Pockets

August 9, 2025

Mumbai Indians extend Mighty Indians IP with 3D Webisodes and More

August 9, 2025
Bhumi and Samiksha Pednekar Launch Backbay: A New Chapter in Sustainable Hydration

Bhumi and Samiksha Pednekar Launch Backbay: A New Chapter in Sustainable Hydration

August 8, 2025
  • ABOUT
  • CONTACT
  • PRIVACY
  • ADVERTISE
  • Hindi – हिंदी
FOLLOW US

© Asia Press Agency

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
DTV
  • HOME
  • INDIA
  • WORLD
  • ENTERTAINMENT
  • BUSINESS
  • TECHNOLOGY
  • LIFESTYLE
  • SPORTS
  • FASHION
  • HEALTH
  • PEOPLE

© Asia Press Agency

Go to mobile version