With less than 100 days remaining for the highly anticipated 2023 Cricket World Cup, hotel prices have skyrocketed in key locations like Ahmedabad, which is hosting the opening match, finals, and the much-awaited India-Pakistan clash.
After the schedule was announced recently, renowned hotels in Ahmedabad have experienced a surge in bookings. Nearly 70% of the city’s available rooms have already been booked for October 15, according to Nikhil Sharma, the Market Managing Director of Wyndham Hotels & Resorts, Eurasia.
The International Cricket Council (ICC) revealed the schedule for the 2023 Men’s World Cup on Tuesday, highlighting the India-Pakistan match at Ahmedabad’s Narendra Modi Stadium on October 15.Following the announcement, room rates have increased significantly, with some hotels charging over 10 times their regular prices. In some cases, hotels are even charging close to Rs 1 lakh for a single night’s stay. For example, the Lemon Tree Hotel in Ahmedabad currently charges Rs 3,086 for a standard single room on July 4, but the price jumps to Rs 59,219 for October 15.
Luxury hotels such as ITC Narmada, Courtyard by Marriott, Hyatt, and Taj Skyline Ahmedabad have already sold out their rooms for October 15. Santosh Kumar, the Country Manager for India, Sri Lanka, Maldives, and Indonesia, stated that the premium hotel segment is in high demand during these dates and expects the demand to spill over into middle-tier hotels and alternative accommodations.
Kumar also mentioned the excitement and thrill of watching India play live as a significant reason for cricket enthusiasts from around the world to travel. He noted a surge in demand for match dates in October compared to the same period last year.
In summary, as the 2023 Cricket World Cup approaches, hotel prices have surged in Ahmedabad due to the high demand for the opening match, finals, and the India-Pakistan clash. Many hotels are already sold out, and room rates have increased significantly, reflecting the excitement and enthusiasm of cricket fans worldwide.