Hotel room rates surge in Ahmedabad ahead of the highly anticipated India-Pakistan match during the ICC ODI World Cup 2023. The announcement of the fixtures has led to an unprecedented demand, causing prices to skyrocket.
Luxury hotel rates have increased from the usual range of Rs 5,000-8,000 to Rs 40,000-1 lakh for October 15. Even budget-friendly hotels have raised their prices significantly.
The surge in demand primarily comes from Non-Resident Indians (NRIs) and upper-middle-class cricket fans from other states. Hotels aim to maximize revenue by capitalizing on the high demand and assured full occupancy.
More to follow…
