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World's 3rd most expensive hotels are in Bangalore

Next time when you make a trip to Bangalore, check out the tariff rates before you check in into your room. You may be paying through your nose for that bed and breakfast luxury, which would have bought a week’s stay for you in similar place in other cities.

Riding high on the back of the IT-BT boom, the tariff rates of the luxury hotels in India’s garden city have gone through the roof, and now, believe it or not, it is the third most expensive in the world after Moscow and Rome.

Interestingly, in a new spin to the tale, the hoteliers have decided against any fresh tariff hike to cash in on the boooming business in the near future. Says CK Baljee, chairman and MD of Royal Orchid Hotels, “ Bangalore five star market is expensive right now but the tariffs are likely to remain range bound at least for the next one year.”

( www.financialexpress.com)


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