Two days in the past, Delhi’s ultra-luxury resort suites had been touching Rs 30 lakh for a single evening. Right now, for the height India–AI Impression Summit dates, a number of top properties have little to no stock left, even at these elevated ranges.
A contemporary scan on February 12 reveals that at Taj Palace, New Delhi, the one obtainable class for February 18–19 is a Taj Membership Suite King Mattress Forest and Pool View beginning at Rs 3,51,000. All different room sorts are sold out.
At The Oberoi, New Delhi, there are no rooms obtainable in any respect for February 18–19.
The squeeze comes days after summit-week pricing had surged into seven figures throughout main properties as town prepares to host the India–AI Impression Summit 2026 at Bharat Mandapam between February 16 and 20.
The Rs 30 lakh spike that preceded the sellout
On February 10, direct web site comparisons between February 18–19 (summit week) and February 25–26 (a week later) confirmed dramatic divergence.
At Taj Palace:
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Backyard Presidential 2 Mattress Suite Pool View: Rs 3,20,000 (Feb 25–26) vs Rs 30,00,000 (Feb 18–19)
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Backyard Luxury Suite King Mattress Pool View with Personal Terrace: Rs 1,70,000 (Feb 25–26) vs Rs 25,00,000 (Feb 18–19)
At The Oberoi:
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Luxury Suite: Rs 4,00,000 (Feb 25–26) vs Rs 25,00,000 (Feb 18–19)
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Room Assigned on Arrival: Rs 85,000 (Feb 25–26) vs Rs 5,50,000 (Feb 18–19)
The sample was clear: whereas late-February pricing remained in excessive however acquainted luxury bands, summit-week charges surged into a special bracket altogether.
A twist: selective worth corrections at The Leela Palace
Whereas some hotels have successfully sold out, The Leela Palace, New Delhi, presents a extra nuanced image — aggressive repricing adopted by selective correction.
Search on February 10, 2026:
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Luxury Suite: Rs 1,80,500 (Feb 25–26) vs Rs 17,30,500 (Feb 18–19)
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Run Of The Home: Rs 64,560 (Feb 25–26) vs Rs 3,79,700 (Feb 18–19)
Search on February 12, 2026:
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Luxury Suite: Rs 1,80,500 (Feb 25–26) vs Rs 4,30,500 (Feb 18–19)
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Run Of The Home: Rs 64,560 (Feb 25–26) vs Rs 1,74,500 (Feb 18–19)
In different phrases, whereas summit-week pricing stays considerably elevated versus regular dates, some classes have been repriced downward in comparison with the February 10 peak.
Nevertheless, the adjustment comes with tighter availability.
Demand shock, now in its second section
The preliminary surge was pushed by concentrated, excessive-profile demand tied to worldwide delegates, policymakers and tech leaders arriving for the summit. The journey business brazenly linked the worth shock to the occasion.
What’s now seen is the subsequent stage of that demand curve.
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First, aggressive repricing as availability tightened.
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Then, partial absorption of top-tier stock.
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Now, at some properties, a mixture of sold-out classes and tactical worth recalibration.
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