Brics Brings Brisk Business as Delhi Hotel Suites Hit Rs 2 Lakh a Night

Delhi hotel rates have surged past Rs 2 lakh a night ahead of the BRICS Summit, with several luxury hotels fully booked.

Updated: 10 Sept 2026 • 10:32 am

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Brics Brings Brisk Business as Delhi Hotel Suites Hit Rs 2 Lakh a Night

Quick Answer

Delhi hotel rates BRICS Summit demand has pushed tariffs at several luxury properties beyond Rs 2.3 lakh per night, with the summit scheduled for September 12 and 13. This surge in Delhi hotel rates BRICS Summit period has left the Taj Mahal, The Oberoi, Taj Palace and The Leela Palace showing no availability for the days surrounding the event, while Radisson Hotel Group said its average room rates in September were running more than 25 percent higher year-on-year.

Delhi's luxury hotel market is experiencing a rare squeeze as international delegations converge on the capital for a major diplomatic summit, sharpening the Delhi hotel rates BRICS Summit story.

Here is how sharply Delhi hotel rates have moved for the BRICS Summit and which properties are affected.

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Table of Contents

Which Hotels Are Fully Booked

A review of booking platforms showed no room availability at Taj Mahal and The Oberoi, New Delhi, for September 11 and 12, part of the broader Delhi hotel rates BRICS Summit story. Taj Palace had no rooms available between September 10 and 12, while The Leela Palace was not accepting bookings for the same period.

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How High Tariffs Have Climbed

At ITC Maurya, rooms available between September 10 and 13 carried starting tariffs of more than Rs 2.3 lakh per night, reflecting the scale of the Delhi hotel rates BRICS Summit surge. Radisson Hotel Group said average room rates across its portfolio in September were running more than 25 percent higher year-on-year, with last-minute bookings expected to strengthen demand further as the event approaches.

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FAQs

Why have Delhi hotel rates surged around the BRICS Summit?

Ans. The concentrated arrival of delegates and visitors before the summit, along with extended stays, has placed heavy pressure on central Delhi's limited luxury hotel inventory, driving up Delhi hotel rates BRICS Summit period tariffs.

What is the highest hotel rate reported during this period?

Ans. Rooms at ITC Maurya were carrying starting tariffs of more than Rs 2.3 lakh per night for the summit dates, among the steepest Delhi hotel rates BRICS Summit figures reported.

Which luxury hotels were fully booked?

Ans. Taj Mahal, The Oberoi, Taj Palace and The Leela Palace in New Delhi showed no availability around the summit dates.

When is the BRICS Summit scheduled?

Ans. The summit is scheduled for September 12 and 13, 2026, in New Delhi, the period driving the current Delhi hotel rates BRICS Summit surge.

How much higher are hotel rates running this September?

Ans. Radisson Hotel Group said its average room rates across its portfolio in September were running more than 25 percent higher year-on-year.

Which sectors benefit from this kind of summit-driven demand?

Ans. Luxury hotels and the MICE (meetings, incentives, conferences and exhibitions) segment are expected to benefit from the Delhi hotel rates BRICS Summit demand for rooms and hospitality services.