With Bengaluru being battered by heavy rains, there has been a sharp increase in demand for hotel rooms as well as an increase in rates. Due to the flooding and water logging in the IT hub, many families in the flood-affected city have relocated to hotels.
A brief about the hotel rates have increased to Rs 40,000 due to increased demand for the flood:
LB Shastri Nagar along Old Airport Road is without electricity or water, forcing residents to reserve hotel rooms as a place to stay.
The average cost of a hotel room has increased to Rs 30,000–40,000 per night, which is double the typical range of Rs 10,000–20,000 for all properties.
Up to Friday, the majority of hotels in the flood-damaged neighborhoods of Whitefield, Outer Ring Road, Old Airport Road, and Koramangala are fully booked. The current pricing for a room at the Old Airport Road’s Leela Palace starts at Rs 18,113. On the other hand, reserving a deluxe room at the Taj Bangalore will cost you Rs 14,750 (taxes excluded).
However, OYO rooms in Bangalore have reasonable rates that are just over Rs 1,200, making it a convenient lodging choice for those who have been severely impacted by the flooding. When we last checked, an OYO accommodation in White Field costs more than Rs 1,300 per night, and a single room in Koramangala costs more than Rs 1,000 per night.
For the upcoming two days, the majority of hotels have sold out of both single and double-occupancy rooms.
The price for a two-occupancy room at Radisson Blu Atria is currently around Rs 11,100 including taxes per night, up from Rs 8,000. The current rate for a single room is Rs 10,500 plus taxes, up from Rs 7,500 earlier, according to a report from PTI.
For walk-in guests at Country Inn & Suites, a single room costs Rs 5,500 (excluding taxes), while a double room costs Rs 6,500 (plus taxes) per night.
In the meantime, the city is expected to see heavy rain for the next five days, according to the India Meteorological Department (IMD).