Delhi leads ARR surge as rates cross ₹18,500 amid AI summit demand


New Delhi recorded the highest ARR, crossing ₹18,500 in February 2026, driven by AI summit held at Bharat Mandapam, as per the HVS ANAROCK report. Some hotels reported rates exceeding ₹30 lakh during peak demand. Mumbai followed at ₹15,500, while Jaipur and Gurugram crossed ₹14,000 and ₹13,500, respectively, with most markets witnessing double-digit ARR growth year-on-year. 



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