A fervour has spread a ll around India after the International Cricket Council announced the fixture list for the upcoming ODI World Cup 2023. The global cricketing spectacle is set to kick off on October 5 and conclude on November 19. Hence for this duration, hotel rates around India have seemingly sky-rocketed with reports stating Ahmedabad being one of the key locations to experience this steep price hike.
The Narendra Modi Stadium in Ahmedabad is set to host many major World Cup fixtures throughout the event like the blockbuster India vs Pakistan and the tournament opener. Hence hotel prices, in the city, have seen an astronomical rise, especially for October 15 (the date for the IND v PAK match). The Welcome Hotel by ITC Hotels generally charges INR 5,699 for a night but on October 15 a will cost INR 71,999 as per Booking.com.
Talking about the Renaissance Ahmedabad Hotel on SG Highway, the price for a room is INR 8,000. But now if one tries to book a room for the India-Pakistan fixture, they will have to pay INR 90,679. Whereas the Pride Plaza Hotel on SG Highway has raised its rates to INR 36,180 per night. Similarly, the Radisson Blu Hotel has a room for INR 100,999 plus taxes for October 15.
Other than these big hotels, the five-star hotels in Ahmedabad like ITC Narmada, Courtyard by Marriott, Hyatt and Taj Skyline Ahmedabad are booked out and have no vacancies for October 15. Commenting on this situation The Hotels and Restaurants Association (HRA) – Gujarat spokesperson Abhijeet Deshmukh cited the massive demand created by NRIs and upper-middle-class fans for the World Cup.
“If the hoteliers think that the demand is very high for a particular period, they will try to make some revenue because they are assured that rooms will be full despite higher rates. Once the demand drops, the room rentals will also come down,” said Deshmukh.
“Since their first choice would be luxury hotels and they plan in advance, they might have started booking rooms in city hotels, which might have resulted in no occupancy in some of the hotels,” the spokesperson added as per Telegraph India.