Deluge in Bengaluru prompts demand for hotel rooms; tariffs surge
The deluge in Bengaluru has led to a spike in demand for hotel rooms and a surge in room tariffs in some hotels as people escape waterlogged homes.
Most hotels in the city already had a very high occupancy before parts of Bengaluru got marooned and current high rates were not a direct consequence of the floods, said industry players.
When contacted, an OYO spokesperson said: "The average tariff for OYOs in Bangalore currently stands a little over Rs 1,000, making OYO an affordable and easily accessible stay option for flood affected people in the city. Our 'Nearby stays' option and 'Pay at hotel' facility makes booking an OYO easy for the rain drenched Bangaloreans looking for hotels. We hope to support as many Bangaloreans with quality stays during this challenging time for the city."
At Leela Palace Bengaluru, a staff said the pricing has always been dynamic based on occupancy and demand. At present the existing rate for a standard double room for a night is Rs 15,750 plus taxes p