BENGALURU: Hotel rates soar- ed as Bengaluru’s tech corridor sank over the weekend, with displaced and desperate families left scrambling for rooms that are now going for Rs 30,000-40,000 a night on an average, double the normal range of Rs 10,000-20,000 across properties.
Meena Girisaballa, CEO and founder of PurpleFront Technologies, said her family of four shelled out Rs 42,000 to spend a night in a hotel on Old Airport Road after their luxurious gated community in Yemalur was flooded.
When TOI made calls to some hotels in Whitefield, Outer Ring Road, Old Airport Road and Koramangala, the standard reply was, “We are fully booked till Friday.”
A resident of a gated community said people were being unable to get rooms despite the sky-high spike in tariffs. “Initially, we thought we could stay put in the first floor of our villa till the floodwaters receded, but the power back-up ran out. A hotel room was, therefore, the only choice available, whatever the price. No wonder properties are quoting exorbitant rates,” another resident said.
The refusal of many hotels to onboard guests with pets has played its part in demand and tariffs spiking.
Sources in the hospitality sector said rooms in star hotels were getting booked for 10-15 days as guests expect it will take that much time for their luxury homes to be cleaned and refurbished once the flood misery ends.
Hospitals in the tech corridor have also seen a sudden increase in admissions as many traumatised senior citizens are being brought in with a spike in blood pressure and sugar levels.
Meena Girisaballa, CEO and founder of PurpleFront Technologies, said her family of four shelled out Rs 42,000 to spend a night in a hotel on Old Airport Road after their luxurious gated community in Yemalur was flooded.
When TOI made calls to some hotels in Whitefield, Outer Ring Road, Old Airport Road and Koramangala, the standard reply was, “We are fully booked till Friday.”
A resident of a gated community said people were being unable to get rooms despite the sky-high spike in tariffs. “Initially, we thought we could stay put in the first floor of our villa till the floodwaters receded, but the power back-up ran out. A hotel room was, therefore, the only choice available, whatever the price. No wonder properties are quoting exorbitant rates,” another resident said.
The refusal of many hotels to onboard guests with pets has played its part in demand and tariffs spiking.
Sources in the hospitality sector said rooms in star hotels were getting booked for 10-15 days as guests expect it will take that much time for their luxury homes to be cleaned and refurbished once the flood misery ends.
Hospitals in the tech corridor have also seen a sudden increase in admissions as many traumatised senior citizens are being brought in with a spike in blood pressure and sugar levels.
