Rent of Hotels Skyrocketing due to the World Cup

Rent of Hotels Skyrocketing due to the World Cup: –

High voltage match will be played on October 29 at Atal Bihari Vajpayee (Ikana) Stadium, there will be five matches.

The grand event of the Indian Premier League (IPL) and the subsequent hosting of five matches of the ODI World Cup is not just a matter of chance. Due to top infrastructure and strong connectivity, Lucknow has now become the new hot spot of Indian cricket. However, this became possible only after the construction of the Atal Bihari Vajpayee (Ekana) Stadium. The tourism industry will also get a boost from the five matches to be held here from October 12 to November 3. Seeing the trend of fans, prestigious hotels have increased the room rent seven times than before. Most of the hotel rooms were not empty during the India-England match in Lucknow.

Demand ranging from 40 thousand to one lakh:-

Five matches are to be held in Lucknow, but the biggest crowd is being speculated in the India-England match to be held on October 29. In fact, for the India-England match, not only Uttar Pradesh, but fans coming from all over the country and abroad have booked hotels long in advance. Almost all the rooms in the Taj, Hyatt, The Centrum, Marriott, and Renaissance hotels have been booked in advance in October. Generally, the daily room rent in luxury hotels is between Rs 5000 to Rs 10000, but from October to November 2, this rent has reached Rs 40 thousand to Rs 1 lakh.

Rent of Hotels Skyrocketing due to the World Cup img 1

If you book the same room which is available for around Rs 10,000 at the Taj Hotel in Gomtinagar for October 10, then you will have to pay around Rs 35,000. If you book a room here for 28th October then there is a demand of around one lakh. However, not a single room is visible on the official website of the Taj Hotel from 11th to 16th October and from 28th to 30th October. Dai. All rooms at Pari, Hyatt Hotel are occupied on October 11, 12, 21, 22, 28, 29, and 30. The rooms in The Centrum Hotel of Golf City, which are currently available for about five and a half thousand rupees, will have to spend about 18 thousand rupees for the same room during the South Africa-Australia match on 12 October. Here also no room is vacant from 22 to 31 October. The situation of the Marriott Hotel in Gomti Nagar is also similar. All the rooms here are booked on 12, 27, 28 and 29 October. At present, the room is available in Hotel Renaissance for about nine thousand rupees, on October 11, the rent of the same room will be about 24 thousand rupees.

Tourism – Industry will get: –

This year Lucknow hosted seven matches of the IPL. Even during this period, almost all the hotels in the city were housefull. More crowds are expected during World Cup matches than during IPL.

After IPL, Lucknow is now ready to host the World Cup. This will strengthen the hotel industry. This is a big event. Lucknow’s name will be further illuminated in the whole world. This event will also provide employment to thousands of people in the city. Hotel fares have increased due to increased demand.

Mr. Sarvesh Goel, Chairman, The Centrum Hotel

Creating Tomorrow, Inspiring Today.

The Mansingh Goel Group, headquartered in Lucknow, Uttar Pradesh, is a diversified national
conglomerate which began its operations in 1921.

© Mansingh Goel Group 2024. All Rights Reserved.