How AI frenzy drove up resort charges in India’s capital to $33,000 an evening

Luxury hotel rates in New Delhi have surged to as high as 33,000 dollars a night ahead of the India AI Impact Summit, underscoring explosive demand as global tech leaders and heads of state arrive in the capital. The boom comes as Indian Hotels Company posts a strong third-quarter earnings beat, with net income up 55-percent year-on-year. MD and CEO Puneet Chhatwal discusses the demand surge and the company’s performance with Paul Allen on Insight with Haslinda Amin.
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