Affluent Indians swap Europe for Udaipur and Bhutan as geopolitics and airfares reroute summer spend
US-Iran tensions and business-class fares of ₹3.5-5 lakh are pushing HNI travellers to domestic luxury. Oberoi Udaivilas climbs to ₹38,000/night by end-June, Rambagh Palace commands ₹31,400-38,900, and Aman Ajabgarh clears ₹85,000. Leela projects FY26 ADR up 13% to ₹25,375; Postcard Goa summer bookings up 25%. Pipeline: 60,220 keys signed in 2025 vs 47,249 in 2024.
US-Iran war and high European airfares push affluent Indians to luxury domestic and regional stays; Goa, Kerala, Rajasthan, Bhutan benefit, while premium hotel ADRs and branded inventory pipeline rise sharply.