Hotel tariffs in Delhi, Mumbai top Rishikesh, Ranthambore

What happened: Hotelivate's 2026 report shows Delhi and Mumbai overtook Ranthambore and Rishikesh as India's highest average hotel tariff markets in FY 2025-26, the first time since Covid. Key numbers: RevPAR FY26: Delhi Rs 9,811, Mumbai Rs 9,761, Ranthambore Rs 9,649, Rishikesh Rs 9,583. Why it matters: The report attributes the shift to revived corporate travel, international visitation and MICE activity. It notes less than Rs 250 separates the top four markets, and that new mid-market supply has normalized rates at leisure destinations without displacing them from the top.

Hotel tariffs in Delhi and Mumbai exceeding Rishikesh and Ranthambore signals shifting travel demand.

Hotel tariffs in Delhi and Mumbai exceeding Rishikesh and Ranthambore signals shifting travel demand. — impact context not separately stored; see What changed.