Hotel Room Rent Hike: Hotel rates may increase the most in 10 cities of the world in the year 2024, which also includes the names of many Indian cities. Let us know about these cities.
Hotel Room Rates: After the Corona period, tourists from all over the world have started traveling once again. With the increasing number of tourists, a tremendous increase in hotel room rent is being seen in many cities of the world. A new report has claimed that hotel rents have increased by double digits in cities like Boston to Mumbai. In this report, 10 such cities have been mentioned where hotel rates have increased by more than 10 percent.
Most expensive hotels in this city
According to Bloomberg report, American Express Hotel Monitor has informed in its data of 2024 that the city in the world where hotel prices will increase the most is Argentina’s capital Buenos Aires. It has been claimed in this report that Hotel rents in Buenos Aires may increase by up to 17 percent.
It is worth noting that American Express Hotel Monitor releases this list after observing the fluctuations in hotel prices in 80 cities of the world. While preparing this report, the current hotel prices in the city, global situation and historical data have also been kept in mind. According to David Reimer,
Executive Vice President of American Express, the trend of increasing hotel room rates can be seen in all 80 cities of the world. In such a situation, people may have to spend more money to travel in the future.
The names of these Indian cities are also included in the list.
It has been claimed in this report that after Buenos Aires, the city named second in this list is Mumbai. This year, hotel rates in Mumbai are expected to increase by 15 percent. Apart from Mumbai, the names of Chennai and Delhi are also included in this list. Chennai is at fourth place in this list and Delhi is at seventh place. This year, hotel rates are expected to increase by 14.6 percent in Chennai and 12 percent in Delhi.
Hotel prices may increase the most in these 10 cities
According to the American Express Hotel Monitor 2024 report, while Buenos Aires and Mumbai are at first and second place, Egypt’s capital Cairo is at third place in this list. Apart from this, the names of Bagotia of Colombia, Chicago of America, Paris of France, Boston of America and Jakarta of Indonesia are also included in the list of top-10 cities.
