Hotel Prices In Bengaluru Surge Up To 30% Ahead Of Aero India 2025
Date
1/29/2025 6:19:55 AM
(MENAFN- Live Mint) Hotel prices in Bengaluru surged nearly 25 to 30 per cent for the upcoming month as the city is set to witness India's largest Aviation show, Aero India 2025, and an investment fair, Invest Karnataka, according to a Hindustan Times report on Wednesday, January 29.
“With an influx of national and international visitors, the hospitality sector is poised to experience a surge in demand, benefiting hotels, serviced apartments, and related services,” Amar Mysore, President of CREDAI Bengaluru , told the news portal.
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The Aero India 2025 show is poised to increase hotel bookings in the Northern Bengaluru region. Areas like Hebbal and central business districts (CBD) with 5-star hotels are set to witness high demand, according to PC Rao, president of the Bengaluru Hotel Association, cited in the news report.
Most of the hotels in the CBD area or the northern region of the city are experiencing more than 15 to 20 per cent surgery in dynamic pricing, and the prices are expected to increase 50 per cent closer to the Aero India dates, Rao told the news portal.
DoubleTree Whitefield by Kalyani Hospitality is witnessing a steady increase in bookings, with the current hotel occupancy at 50 per cent, according to the report.
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“This surge in demand highlights the role that large-scale events like the Aero Show play in bolstering the hospitality industry,” said Priyanka Raju, Director of Kalyani Developers, highlighting that the company expects the occupancy to reach 90 per cent in this period, reporting the news portal.
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